Retail’s only true supplier collaboration platform

Streamline end-to-end processes, elevate supply chain collaboration to the next level and build data-driven culture in your supplier-related processes
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Our Customers

Trusted by top retailers worldwide

keellslogo
telos
citimart
abenson
prince
courts
landmark
futuregroup
smretail
cpgroup-logo
apoteket
robinsonssupermarket
loves
keellslogo
telos
citimart
abenson
prince
courts
landmark
futuregroup
smretail
cpgroup-logo
apoteket
robinsonssupermarket
loves
Experiences

The Consequences of Ineffective Supplier Collaboration

Suppliers are crucial to the success of retail operations, offering opportunities to enhance efficiency and foster customer loyalty through enhanced collaboration. However, many supplier collaboration processes remain outdated, manual, and isolated, relying heavily on phone calls, faxes, and messages for transactions. This lack of integrated planning and execution in supply chain collaboration results in inefficiencies and a zero-sum outcome, ultimately proving costly for retailers.

$4.5 million

estimated impact of out of stock caused due to supplier related challenges

$1.5 million

estimated impact of unrealized supplier-funded promotions

$600,000

what it costs retailers in order and payments management

$250,000

what it costs retailers in supplier and product information management

*estimates applicable for an average retailer

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Process

Automate supplier processes, collaborate effectively across supplier lifecycle and build actionable insights with Algonomy’s Supplier Collaboration Platform

42%+

Faster new product introduction

38%

Reduction in supplier information management costs

35%

Reduction in order to pay management costs

$200000

As alternate revenue stream with data monetization

Modules

The Consequences of Ineffective Supplier Collaboration

  • E-approval workflows and self-help portal for 70% faster vendor onboarding
  • 100% accuracy on supplier data with process digitization
  • Supply Chain Collaboration features for efficient master data management
  • Up to 40% faster new product introduction with collaborative launch
  • 100% accurate data with GS1 global registry integration
  • Efficiently manage price and cost across different markets with enhanced supplier collaboration
  • Reduce PO cycle processing time by 60% with collaborative features
  • Reduce cost-per-invoice by 50% with 3-way reconciliation
  • Achieve 100% data accuracy on invoices and POs in ERP
  • Collaborative promotions planning and performance monitoring
  • Automatic rebate calculation in payment summary
  • Planogram performance monitoring
  • Vendor Scorecard for vendor performance monitoring
  • Inventory insights
  • Competitive insights
  • Product Insights
  • Integrated chat feature with peers and counterparts for improved supplier collaborations
  • File Sharing capability with access control
  • Vendor Bulletin
  • Mobile access for productivity boost
Customer Success Stories

Explore Client Success Stories Powered by Algonomy's Supplier Collaboration Solution

Keells,
“The leading supermarket chain in Sri Lanka with 123+ outlets, online delivery, and a network of 700+ suppliers, adopted Algonomy’s Supplier Collaboration Platform to automate and streamline supplier processes via seamless data and insights sharing. Manual and error-prone supplier processes led to frequent delays in supplier and product onboarding, frustrating purchase order modifications, and delayed payments due to invoice mismatches, which hindered growth and affected supplier relationships.”
read complete case study

92%

Faster supplier Onboarding

81%

Invoice Processing Automated

85%

Faster New Product Onboarding
Our Resources

Feeling inspired? Check out Algonomy insights

view all resources
  • Retail Battle
Winning the retail battle with modern centralized supplier collaboration
  • Customer Summit 2021
Why Digital-first Grocers Are Poised to Win
Get in Touch

Elevate Your Game With Retail’s Only True Supplier Collaboration Platform Trusted by Top Retailers

10%+

Inventory Costs

75%

Out-of-Stock Instances

10%

Wastage

99%

Shelf Availability

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