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Title:
IBM Vendor Trade Fund Management Solution for Retail
Stream:
131
Speakers:
Lee Gavin, Paul Smith
Abstract:
The Vendor Trade Fund Management Solution provides retailers a comprehensive set of capabilities to seamlessly interact with vendors, manage the life-cycle of trade agreements and automate complex reconciliation processes. It enables multiple LOBs (finance, legal, retail buyers, advertising) within the retailer’s organization to collaborate effectively and manage accurate agreement information using a single version across the enterprise. The business can monitor, receive alerts, and take action pro-actively on -- expiring contracts, ongoing performance of agreements, compliance of agreements during execution, delays in reconciliation, missed seasonal contracts – resulting in timely receipt of promotional funds from vendors and higher cash flow providing seamless integration with existing vendor on-boarding solutions and a framework that can be easily configured to meet individual requirements and expand the solution to include other capabilities such as promotion execution and invoicing. This is a WebSphere Lombardi Edition and ILOG BRMS solution developed in conjunction with IBM customers and showcases IBM's capabilities within the retail industry.
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