Better management, more sales,
Realize more efficient and effective product category management while enjoying increased sales and decreased supply chain costs. For retailers, our industry standard NexxHub™ online platform provides you with the state-of-the-art features and analysis needed to improve profitability and transparency as you manage your Scan Based Trading Business.
We service Top 5 market leaders in the convenience, grocery, mass merchant, discount, coffee, airport and specialty retailer industries as well as National CPG Suppliers. Our clients realize more efficient and effective category management while enjoying increased sales and decreased supply chain costs.
For retailers, collaboration with Nexxus for electronic data sharing just makes sense. Eliminate paper, enhance efficiencies and avoid the time-consuming process of obtaining vendor numbers, setting up EDI connections, and populating store lists and price books. Selling products via SBT gives you a clear advantage over those in traditional buy/sell arrangements and allows you to focus on what you do best.
Price book synchronization
Is your price book out of date and in disarray? Let us help. Eliminating the labor-intensive practice of manual entry in favor of fully-integrated automation improves accuracy, provides needed information and insight in a more timely fashion, and creates a cleaner process from start to finish. Transparency is enhanced when items and costs are approved before being imported.
We’ve changed the way retailers buy products to put on their shelves and how they pay for those products. Imagine you walk into a store and decide to purchase an item. Once the clerk scans the product and the laser hits the bar code, the Nexxus magic happens – the retailer pays us and we pay the vendor responsible for product delivery. Retailers pay only when inventory is sold.
The simple and efficient paperless process makes Nexxus responsible for coordinating with and reimbursing thousands of local and national vendors who deliver products to our clients across North America.
Management of price changes and margin maintenance
Thanks to NexxHub™, adjusting prices across multiple retailers has never been easier. Our step-by-step price change request process utilizes data verification notices and error detection while providing price change work flow and status alerts. Price changes are not implemented until they have been confirmed. Our customized reporting capabilities keep you ahead of the game.
Handling vendor inquiries
As a 100% turnkey solutions provider, we are with you every step of the way. You can be assured that we will respond to your e-mails and will answer the phone as we work with you to craft customer-specific solutions. Each one of our clients is serviced by a dedicated member of our Account Specialist team, whose focus is to provide you with expert assistance and support.
Store openings, renovations and closings
Actionable real-time email notifications that identify store openings and re-openings, construction-related closings, and gaps in delivery will provide an expedient method for retailers to both add products to new or existing stores and to identify new product placement opportunities.
Inventory shrinkage has long plagued the retail industry. Our program addresses the issue of non-existent inventory that remains listed in accounting records. We eliminate errors that result from inaccurate paperwork and from the use of multiple inventory management systems that can lead to mistakes during data transfer. Our advanced reporting capabilities guarantee improved product visibility and movement.
Our consolidated sales reports are customized across time periods for multiple retailers. They provide you with clear product insight as well as actionable data presented by SKU, by store, and by day to support you in the decision-making process for your business. Clear and concise financial information tracks revenue for each product sold through SBT.
Optimizing your inventory level in your stores and in your warehouses allows you to meet customer demand and avoid costly supply chain mistakes. With start-to-finish synchronization, we can assist you to increase market responsiveness, resolve delivery issues, and enhance your customer relationships.