With Scan Based Trading, retailers can benefit from streamlined inventory management, reduced overhead costs, and increased sales.
For retailers, collaboration with Nexxus for electronic data sharing just makes sense. Eliminate paper, enhance efficiencies and avoid the time-consuming process of obtaining vendor numbers, setting up EDI connections, and populating store lists and price books. Selling products via Scan Based Trading gives you a clear advantage over those in traditional buy/sell arrangements and allows you to focus on what you do best.
We’ve changed the way retailers buy products to put on their shelves and how they pay for those products. Imagine you walk into a store and decide to purchase an item. Once the clerk scans the product and the laser hits the bar code, the Nexxus magic happens – the retailer pays us and we pay the vendor responsible for product delivery. Retailers pay only when inventory is sold. The simple and efficient paperless process makes Nexxus responsible for coordinating with and reimbursing thousands of local and national vendors who deliver products to our clients across North America.
As a 100% turnkey solutions provider, you can be sure that we will respond to your e-mails and will answer the phone as we work with you to craft customer-specific solutions. Each one of our clients is serviced by a dedicated member of our Account Specialist team, whose focus is to provide you with expert assistance and support. We are with you every step of the way.
Inventory shrinkage has long plagued the retail industry. Our program addresses the issue of non-existent inventory that remains listed in accounting records. We eliminate errors that result from inaccurate paperwork and from the use of multiple inventory management systems that can lead to mistakes during data transfer. Our advanced reporting capabilities guarantee improved product visibility and movement.
Optimizing your inventory level in your stores and in your warehouses allows you to meet customer demand and avoid costly supply chain mistakes. With start-to-finish synchronization, we can assist you to increase market responsiveness, resolve delivery issues, and enhance your customer relationships.
Thanks to NexxHub™, adjusting prices across multiple retailers has never been easier. Our step-by-step price change request process utilizes data verification notices and error detection while providing price change work flow and status alerts. Price changes are not implemented until they are confirmed. Our customized reporting capabilities keep you ahead of the game.
Actionable real-time email notifications that identify store openings and re-openings, construction-related closings, and gaps in delivery provide an expedient method for retailers to both add products to new or existing stores and to identify new product placement opportunities.
Our consolidated sales reports are customized across time periods for multiple retailers. They provide you with clear product insight as well as actionable data presented by SKU, by store, and by day to support you in the decision-making process for your business. Clear and concise financial information tracks revenue for each product sold through Scan Based Trading.
Realize more efficient and effective product category management while enjoying increased sales and decreased supply chain costs.
For suppliers, our industry standard online platform provides state-of-the-art features and analysis needed to improve profitability.