Guest Column


Sharing POS Data To Strengthen Retailer-Supplier Relationships

Source: SPS Commerce
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Guest Column: Sharing POS Data To Strengthen Retailer-Supplier Relationships

By Jim Frome, Chief Strategy Officer & Executive Vice President, SPS Commerce

The continual push to maximize profits has taken its toll on the retail industry and those companies that supply it. And because of the recent financial downturn, these pressures have forced many companies, particularly retailers, to look in directions that are different from those they traditionally used to increase margins and reduce costs. Traditional approaches relied on looking internally for ways to either expand their markets or do a better job in their current markets. But these efforts have been pursued to the point that retailers are now as efficient as they can be.

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Guest Column: Sharing POS Data To Strengthen Retailer-Supplier Relationships

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