Symphony GOLD has launched GOLD Vendor Portal, an on-line collaboration tool that streamlines the administrative processes between retailers and their suppliers. By reducing administration and providing better data quality, retailers and suppliers can focus their efforts on specific areas of collaboration, such as the order processing, inventory planning and assortment management involved in the introduction of new products.
Presenting a consistent, real-time view of all products, prices, locations, vendors and customers, the GOLD Vendor Portal gives retail buyers and category managers unified master data management across all channels and products, from ultra-fresh through to slow moving goods.
Key features of the GOLD Vendor Portal include:
• Data quality and consistency for the processes of product definition, purchasing, vendor conditions, inventory and distribution;
• Planning and forecasting for assortment, promotion and inventory;
• Vendor dashboard for performance management.