Leading Australian retailer Coles Group has selected Infor Nexus for its global trade platform. This forms part of a wider IT transformation project by Coles, which has also involved the adoption of SAP S/4HANA and SAP Ariba for finance and procurement systems improvement.
Real-time international stock visibility
Infor Nexus will provide the following benefits to Coles:
- Real time visibility of international stock
- Reduced working capital through lower stock in transit and distribution centre stock holding
- Reduced transport costs, including freight, demurrage and customs clearance
- Simplified transactions with freight service providers.
Better availability for customers
Coles Executive General Manager Operations and Transformation, Kevin Gunn, said: “Availability is a key issue for customers and some popular items, such as light globes, herbs and spices and kitchen essentials like foil and garbage bags, cannot be sourced domestically so we need to look to international suppliers.”
“By understanding where our stock is while in transit, we can better plan our stock movements to enhance availability for customers and reduce the time taken to move products into our stores, improving our use of working capital by reducing the time inventory spends in our supply chain.”
“It will also support improved efficiencies through the supply chain by minimising the need to move stock between states, resulting in fewer truck movements which will also improve road safety and reduce carbon emissions.”
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