NCR supply chain and merchandising suite will help improve operations
and profitability of one of the largest domestic food retailer in the
region
BANJA LUKA, Bosnia and Herzegovina--(BUSINESS WIRE)--Nov. 2, 2015--
NCR Corporation (NYSE: NCR), the global leader in consumer transaction
technologies, announced today that Tropic Supermarkets has chosen NCR
and its partner M.A.I. Trade to optimize inventory, and streamline
supply chain management as well as store operations across its network
in Bosnia Herzegovina and Serbia. By deploying NCR’s Power
HQ, Power
DAX, and Advanced
Retail Solution, Tropic Supermarkets will be able to better manage
its product portfolio and pricing, as well as optimize forecasting and
inventory replenishment, thus helping to boost overall operational
efficiency and profitability.
As one of the few domestic food retailers in Bosnia Herzegovina and
Serbia, Tropic is committed to partnering with local food manufacturers
to offer their customers a broad assortment of high quality, fresh
produce from the region. Tropic was looking for a powerful and modular
software platform to help manage the supply chain with their local
vendors, and to support its growth while streamlining processes across
the whole enterprise and providing the management team with visibility
to support informed decisions.
“When we started the selection process, we had a very clear notion of
what we wanted from the software platform,” said Bojan Risovic, CEO and
owner of Tropic Group. “Among the vendors we considered, NCR stood out
with their expertise in managing perishable inventory and fast moving
consumer goods. Their experience and the broad portfolio of solutions
tailored to food retailing, combined with the local presence and support
through M.A.I. Trade, enabled us to move ahead quickly with this
project.”
Initially, Tropic will roll out Advance Retail Solution as their
point-of-sale (POS) system and implement Power HQ and Power DAX to
consolidate business information across the entire supermarket chain
into a single, centralized repository. This will improve item
assortment, pricing accuracy, margin control and inventory management.
NCR Power HQ will help Tropic simplify item assortment planning across
their locations, and define pricing strategies to increase revenues
while preventing margin erosion. With Power DAX, Tropic will use
demand-driven forecasting and replenishment to optimize its inventory
levels to match consumer demand. In similar implementations, Power DAX
was able to increase the availability of products by 60 to 90 percent
and reduce the spoilage of food by up to 50 percent.
In a second phase, Tropic will implement Power HQ Category Analyzer, a
powerful analytical solution that assesses the financial impact of every
item and every category in each store over time. This will provide
Tropic with relevant data to make strategic business decisions about its
product portfolio that help drive profits.
“We are delighted to be working with Tropic Supermarkets on this
project. Tropic is an innovative, growing supermarket chain and its
management understands the benefits of using sophisticated solutions,
adopted by global food retailers, to support their growth and enhance
their customers’ satisfaction and brand perception,” said Mana Yellin,
Vice President International Sales for Global Enterprise, Merchandising
and Supply Chain (GEMS) solutions at NCR. “Using our well proven
merchandising suite, retailers, such as Tropic, were able to reduce
inventory costs by 10 to 15 percent while improving shelf availability
by 60 to 90 percent. Effectively replenished shelves stocked with the
right items at the right prices across all stores can increase sales,
margins and customer loyalty.”
M.A.I. Trade, NCR’s partner in the region, has been working closely with
NCR to ensure that Tropic delivers an optimal shopping experience to its
customers through this implementation.
“Food retailers across Europe are operating under very tight margins, so
it’s important to use the right tools to enhance profits, cut costs and
streamline processes,” said Mario Malinar, Business Development Manager
at M.A.I. Trade. “Combining NCR’s deep understanding of the food retail
industry with our expertise in the development, installation and
implementation of front and back office solutions for retailers, enabled
us to provide Tropic with the best possible service and software
solution to support their future growth.”
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into
exceptional experiences. With its software, hardware, and portfolio of
services, NCR enables more than 550 million transactions daily across
retail, financial, travel, hospitality, telecom and technology, and
small business. NCR solutions run the everyday transactions that make
your life easier.
NCR is headquartered in Duluth, Georgia with over 30,000 employees and
does business in 180 countries. NCR is a trademark of NCR Corporation in
the United States and other countries.
Web sites: www.ncr.com
Twitter:
@NCRCorporation
Facebook:
www.facebook.com/ncrcorp
LinkedIn:
www.linkedin.com/company/ncr-corporation
YouTube:
www.youtube.com/user/ncrcorporation
View source version on businesswire.com: http://www.businesswire.com/news/home/20151102005983/en/
Source: NCR Corporation
NCR Public Relations
Ortrud Wenzel, +49 821 405 8191
ortrud.wenzel@ncr.com
