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Adopting Scan Based Trading means a boost in sales—and more
Supported by state-of-the-art technology and a user-friendly platform, Nexxus Group Scan Based Trading solutions offer unrivaled benefits to retailers and suppliers alike.
For retailers, Scan Based Trading offers:
A maximized supply chain and improved margins. More efficient and effective product management means more accurate price books, a deeper understanding of product velocity and lower supply chain costs.
The elimination of inventory carrying costs. With Scan Based Trading, suppliers retain ownership of their products on your shelves.
Supply chain labor savings. Scan Based Trading delivers efficiency through reduced store labor hours, lower accounts payable costs and improved inventory management functions.
Improved communication with suppliers. Scan Based Trading yields a more informed and transparent process, fewer invoice discrepancies and increased sales — changes that benefit everyone involved in the process.
For suppliers, Scan Based Trading brings:
Essential data about sales. You’ll have timely insight into your product sales visible by store, by SKU, and by day so you can adjust product mixes and reduce out-of-stocks and shrink.
Faster payment. Users consistently find that adopting Scan Based Trading expedites payments and simplifies accounting.
Satisfied customers. Making inventory decisions with Scan Based Trading analytics means staying on top of trends and responding to customer demand in the moment.
Maximized route efficiency. Reporting on inventory and sales takes the guesswork out of managing DSD product on the shelf, eliminating check-in/check-out time and creating more efficient routes.
The leverage to grow your business. Scan Based Trading gives you an edge over competitors who still rely on traditional buy-sell relationships.
Scan Based Trading is the future of inventory management, and Nexxus Group is your connection to the technology and support that will make Scan Based Trading work for you. Contact us today to learn more.