Retail and consumer-driven business faces an increasingly competitive environment driven by the online market. Through its global reach, it's not just competitors around the corner who challenge you about customers.
Today's customers are well-informed, promiscuous and places high demands on its suppliers. It is not enough to only streamline your major information and product flows. The new competition will drive the need to deal with smaller local suppliers, prioritize CSR issues, increase pace of innovation and work with continuous improvement.
Make the customer happy at once, and handle the complaint through the whole company by involving purchasing, customer service and the quality department
Manage suppliers without EDI, perfect for small or occasional suppliers as you want to be able to manage efficiently and with better delivery precision.
Set up routines and create processes and business support to carry out checks and inspections with or without external resources.
Increase the pace of innovation with seamless management of new product ideas, development of existing product range, as well as item management of new or existing products.
Create your process-based quality management system to support CSR policies, working environment and quality work of your company and your suppliers. Invite external users and suppliers to take part of your specific information.
Improve the movement of goods, and manage administration concerning the the movement of stocks, volumes or information.
IKEA, a global retailer with 350+ retail stores in 43 countries with a total sales volume of about 28 billion Euros, has implemented Barium Live to support several processes. One of the implemented solutions is the Investment Approval process. The major benefits were increased efficiency by 70%, full transparency and 100% process compliance. The solution required less than five weeks consulting work and in the time-frame, 3 step-wise, improved solutions were developed. The implementation was faster than the time it took for an investment to pass all the necessary steps prior to implementation.
70% increased efficiency
100% process adherence
3 improvement cycles
5 weeks implementation time
A retail company with operations in Sweden and the Baltics implemented Barium Live to manage Order confirmation and Order approval for a number of their private label vendors. The solution is primarily used for vendors that are small or where there is high degree in seasonality/trend, which means that the vendors might be replaced more frequent. Prior to the implementation, the process was managed manually with a high workload, low transparency and quality issues which all lead to a need of additional stock to avoid the risk of shortage. The implementation took no more than 3 weeks of consulting work. Transparency, efficiency and delivery precision was gained, and the client has been able to lower tied up capital in stock.
3 weeks implementation