Wouldn’t it be a dream come true to have one solution that would drive a net revenue gain across the supply chain? Based upon your sophistication level, you already know what type of data and tools you have. Typically, your TPM tool manages trade planning to the distribution level but not to the store level. Your POS data will provide store level data and you’ll want to avoid manual entries to align stores to distribution level.
Do you utilize a separate solution to map all of your store POS data and predict lift? You may also have to export this data through an interface and push it to your TPM tool which in turn talks to your ERP. That’s a lot! And with every change, it’s a rinse, wash and repeat process. This will eventually lead to a data collision where each system says something different will occur.
Vistex solutions can take data science, embed it in your tool and provide you with the ability to do optimization modeling and TPM in one application. You can keep your POS data in one solution and run it through your optimization tool, providing trade efficiency and forecast accuracy across the supply chain. With embedded optimization, you can finally eliminate the swivel chair.
Data science/optimization with our accurate models/equations =
superior forecast accuracy to: