By leveraging Scan Based Trading, suppliers and vendors can simplify their operations, reduce the risk of overstocking, and increase sales with minimal effort.
Collaborating with Nexxus for electronic data sharing just makes sense for suppliers. Eliminate paper, enhance efficiencies and avoid the time-consuming process of setting up EDI connections, auditing data, monitoring data feeds and populating store lists and price books. Reducing the delivery time of products and selling them via Scan Based Trading gives you a distinct advantage over those in traditional buy/sell arrangements.
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 specific solutions. Our dedicated Account Specialist team’s sole focus is to provide you with expert assistance and support. We are with you every step of the way.
Our program addresses the issue of non-existent inventory that remains listed in accounting records. We eliminate errors resulting from inaccurate paperwork and we eliminate the need for multiple inventory management systems, thereby reducing mistakes during data transfer. Our advanced reporting capabilities are guaranteed to improve product visibility and movement.
Utilizing Scan Based Trading enables vendors of goods and products to maintain ownership of inventory housed within retailers’ stores or warehouses until those items are scanned at point of sale. Benefits include reduced invoice discrepancies, improved data management, tighter shrink control, enhanced supplier-retailer relationships, increased sales, lower inventory cost, shorter time to market and greater customer satisfaction.
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 have been confirmed. Our customized reporting capabilities keep you ahead of the game.
Actionable real-time email notifications for suppliers that identify store openings and re-openings, construction-related closings, and gaps in delivery provide you with an excellent opportunity to add products to new or existing stores and to identify new product placement opportunities.
Our consolidated sales customized across time periods for multiple retailers 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.
As part of our program we will alert you to new store openings and new client opportunities and provide an expedient online new store request process. We will provide sales opportunity reports for stores with no sales, advise you of delivery concerns, provide consolidated check reports across custom time periods, and assist with payment issue resolution.
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.