ARCUS® SIM is a central platform for collecting, storing and managing supplier data, that helps reduce the risk to brand and ensure supplier compliance.
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Companies in the retail sector have large and often complex supply chains, meaning that managing these and ensuring compliance throughout the supply base can be a difficult and time-consuming process. By the very nature of their business, retail companies source products and services from across the globe to ensure best value and quality to customers from numerous suppliers, often operating in countries with different legislation to their own operations. This can result in a substantial amount of administration, including paperwork, telephone calls and emails to suppliers to highlight and verify supply chain risks.
Trade Interchange’s ARCUS® supplier management software enables sustainability professionals within the retail sector to request and collect large amounts of information to verify the evidence of sustainable practices and certifications from potential suppliers and the products they supply. Examples of information include sustainability policies, environmental policies and certificates, evidence of membership of organisations such as the Roundtable for Sustainable Palm Oil (RSPO), Global Organic Textile Standard, Fairtrade and Forest Stewardship Council (FSC), or suppliers’ policies on sustainable cotton and recycled plastic.
- Automate supplier on-boarding with no re-keying of data required.
- Software as a Service platform removing the need for onsite servers and equipment.
- ARCUS® enables electronic signatures reducing the need to paper copies and reducing contract signature time.
- Protect brand reputation and manage supplier risk.
- Full visibility across sourcing, supplier relationships and products in a single platform.
- Artificial intelligence and machine-learning verify suppliers’ key documentation and certificates at the point of upload.
ARCUS® SCM centralises contract data, standardises processes and automates tasks to improve the efficiency of managing, approving and renewing contracts.
ARCUS® SSM maps the various stages of your current or planned strategic purchasing processes, improving efficiency, increasing visibility, reducing bottlenecks and ensuring best practice.
ARCUS® eRFX is an online tendering tool used to pre-qualify current or potential suppliers, ensuring selected suppliers are qualified and able to deliver the necessary products or services.
ARCUS® PIM automates the process for collecting detailed information about supplier products, while providing a shared view and process for all departments. This ensures product data is accurate and approved by all relevant stakeholders.
Take a look at these resources to find out how ARCUS® supplier management software has benefited sustainability professionals in the retail industry.
"We have been using the ARCUS® eRFX module for a number of years, and alongside the impeccable service we receive from Trade Interchange’s eSourcing Consultants, it is now an integral part of Morrisons’ eSourcing strategy."Rachael Dennis, Procurement Manager, Morrisons
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Morrisons, one of the largest supermarket chains in the United Kingdom, used to run their tenders using a combination of multiple spreadsheets and paper-based systems.
To increase confidence in their tendering process, Morrisons implemented ARCUS® eRFX, a powerful cloud-based tender and quotation solution that gives procurement professionals the ability to easily issue and manage online requests for information, proposals and quotations.
Using the workflow-driven process and close co-ordination with Trade Interchange’s eSourcing Consultants, Morrisons’ procurement department now have full visibility over eRFXs that have been built to meet their specific requirements.