SMART SUPPLY CHAINS IN RETAIL

INTEGRATION OF SMALL PRODUCERS IN THE RETAILERS’ BUSINESS ECOSYSTEMS

Challenges

Building performance in partnership with Suppliers
  • Global threats to existing supply chain (i.e. pandemics) require development of alternative sources of goods
  • Market pressure on retailers to aggressively optimize their supply chain, to make it faster, cheaper, more reliable and more sustainable
  • CSRD and reporting requirements from EC require retailers to include sustainability criteria and KPIs into performance framework; reaching ESG targets, however, is dependent on the partners in the ecosystem.

Solution

Virtual Marketplaces with the future in mind
  • Freshya is designed as a marketplace where the demand meets the offer
  • Retailers may launch request for offers or receive unsolicited offers from suppliers, then filter them based on a defined set of criteria
  • The full supplier selection process is faster, safer and cheaper, with complete documentation made available (quality certificates, product sheets etc.) and with less impact on the environment.

Impact

A more sustainable and efficient Supply Chain
  • Reduction of supplier selection costs by 15% to 30%
  • Higher negotiation power based on comprehensive market data and behaviours
  • Higher quality of suppliers, due to increased selection pool and geographical matching
  • Higher predictability, reliability and sustainability of the supply chain