Home / Knowledge / News / Information Technology / Manthan updates retail & supplier collaboration solution
Manthan updates retail & supplier collaboration solution
22
Aug '13
Manthan, the global leader in business intelligence (BI) and analytics solutions for retailers, announced the availability of ARC Vendor Link Version 6.4, an analytics-based retailer and supplier collaboration solution to manage the complete procure-to-pay lifecycle, from data sharing and purchase order management through invoice reconciliation and vendor score carding.

This release contains new and enhanced business content across eight (8) modules, each presenting a critical component in vendor relationship management for retailers working with large supplier networks.

Content enhancements spanned a number of key solution modules, including New Vendor Introduction, Vendor Information Management, New Product Introduction, Product Information Management, Promotion and Rebate Management, Trade Promotion Support, Order Management, Fixture Management, and Vendor Performance Management.

Highlights of Vendor Link’s version enhancements include:

New Vendor Introduction

ARC Vendor Link’s New Vendor Introduction automates the vendor registration and initial data sharing process. This replaces manual processes controlled by the merchant within the retail organization, which often include collecting standard buying agreements or consignment agreements, and vendor information sheets, disclosing corporate payables, returns and buybacks, distribution and logistics procedures, and ensuring that supplier product data conforms to existing merchandising system requirements. New feature highlights in Vendor Link Version 6.4 provide support for configurable forms to support data collection requirements for multiple vendor types, support for vendor document compliance alerts delivered via email or text message, and an enhanced user interface.

Promotion and Rebate Management

A number of activities are required for the retail merchandiser or buyer to track vendor promotions and rebates from vendor solicitation, promotion execution and rebate tracking. ARC Vendor Link Promotion and Rebate Management enable users to manage all vendor activities from planning through execution and evaluation of any given promotion. Updates to Vendor Link include support for vendor invitations to participate in promotional events, and vendor evaluation based on promotional participation and proposals for rebate allowances at the order and scan level. In addition, Vendor Link Version 6.4 also allows retailers to track inventory fulfillment based on allowance start and end dates thereby ensuring that correct rebate and allowances are credited to Trade Funds appropriately.

Vendor Performance Management

ARC Vendor Link’s Vendor Performance Management module includes robust capabilities to analyze and evaluate vendor performance. As an analytics-based collaboration solution to support retail supply chain activities, Vendor Performance Management enables buyers to leverage existing scorecards with pre-built KPIs or customize their own to grade suppliers. New features include enhancements to the vendor performance planning process, such as historical vendor performance review to support buyer planning and plan distribution to vendors for real-time feedback.


Must ReadView All

Uzbekistan, S Korea to launch textile techno park in Sept

Textiles | On 19th Feb 2018

Uzbekistan, S Korea to launch textile techno park in Sept

Uzbekistan and South Korea plan to launch a modern textile techno...

3 African nations may face AGOA sanctions if Mitumba banned

Apparel/Garments | On 19th Feb 2018

3 African nations may face AGOA sanctions if Mitumba banned

Rwanda, Tanzania and Uganda will face US trade penalties, including...

India’s Uttar Pradesh woos Tiruppur knitwear industrialists

Apparel/Garments | On 19th Feb 2018

India’s Uttar Pradesh woos Tiruppur knitwear industrialists

Two top Uttar Pradesh government officials visited Tamil Nadu’s...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.3%
No
12.9%
Skip
16.8%

Total Votes: 101

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.4%
No
29.7%
Skip
6.9%

Total Votes: 101

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.1%
No
8.9%
Skip
3.0%

Total Votes: 101

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.2%
No
7.9%
Skip
8.9%

Total Votes: 101


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search