Simple and efficient eBusiness data synchronization

InterTrade ecCatalogue provides retailers with the accurate and up-to-date product data they need to optimize their supply chain operations. Corporations have invested heavily in IT in recent years, adding or updating merchandising systems, POS, ERP, WMS and data warehouses to their supply chains. Each of these systems needs accurate and up-to-date product information to operate efficiently and deliver the benefits for which it has been implemented.

Eliminate manual data entry

Manual data entry processes increase administrative costs. Even higher costs are incurred to correct the errors resulting from these manual data entries. InterTrade ecCatalogue enables automated product data synchronization which allows suppliers to electronically transmit key product information to retailers such as product codes, descriptions, color and size information, packaging dimensions and suggested retail prices.

Reduce out-of-stock situations

Out-of-stock situations lead to lost sales 49% of the time. Furthermore, out-of-stocks also impact customer loyalty as they may be ready to buy but may decide to find a specific item elsewhere. A study done by CapGemini has proven that product data synchronization can virtually eliminate data integrity related out-ofstocks. This shows that accurate and timely data synchronization not only reduces costs but also increases sales.

Improve new product introduction

At new product introduction, the incidence of errors in the manual data entry process is the most likely and costly. Since the bulk of product launch investments and many promotion efforts occur at that time, deficient product coding can create significant revenue loss both for retailers and suppliers. When product data changes frequently, the value of data synchronization increases. Take the case of the fashion industry, where most product lines are renewed at each season: ecCatalogue fully supports style, color and size information to help apparel and footwear retailers make seasonal transitions smoother and supply chain processes faster.

Improve warehouse and logistics operations

New WMS applications have sophisticated planning functions and advanced features. They allow significant improvements in receiving and shipping processes and can produce even more benefits by enabling cross-docking. However, the performance of these systems is highly dependent on the availability of detailed and accurate dimensional data for each product. Entering this data at the retailer.