Wednesday, May 16, 2012

Fujitsu Launches Vendor Collaboration Suite for Retail


Fujitsu, the third largest IT services company in the world, today announced the launch of a one of its kind Vendor Collaboration Suite, (VCS) for the retail industry. Fujitsu Vendor Collaboration Suite provides a collaborative approach to managing all interactions in a retailer-vendor relationship. The solution uses the capabilities of a unique, robust technology framework combined with retail business features to provide collaboration, visibility, accountability and consistency in interactions between retailers and their vendors. The highly cost effective solution provides flexibility to accommodate present business needs and offers scalability to address future business complexities and demands.

“Fujitsu is committed to leveraging its 30 year global retail expertise at over 500 retailers to bring innovative solutions to the Indian retail sector, said Mr. Rajeev Gupta, President, Fujitsu Consulting India. He added that “the best of breed technology framework of the VCS solution, offers retailers lower total cost of Ownership (TCO) and an opportunity to convert capital to operating expenditure in the investment phase.”

Fujitsu VCS solution addresses the unique nature of retailer-vendor interactions by providing a visual development platform which allows rapid automation and integration of complex business processes and workflows. Retailers have the flexibility to host Fujitsu VCS as Software-as-a-Service (SaaS) either on Public clouds or on an On-premise Java platform. Fujitsu VCS can be switched between cloud and on-premise with ‘zero’ impact or change. The retail ready features of the solution combined with a user based pricing model, will lead to retailers realizing cost savings as their vendor base and number of business process grow.  Retailers who are already using portal ware or Business Process Management (BPM) can look towards extending their future needs through a seamless integration with the Fujitsu VCS solution.

Sunil Bhave, Vice President at Fujitsu Consulting India, said “In a highly competitive Retail Industry vendor collaboration is an important aspect. Fujitsu’s scalable VCS provides an economical approach to holistically enable retail-vendor collaboration by allowing integration of complex business processes. Retailers can deploy this solution with no or minimal disturbance to their technology framework. The extent of vendor collaboration in various areas of the retail value chain goes beyond just the automation of transactions and VCS helps achieve this definite business objective”.

Retailer interactions with its vendor base is evolving significantly over the years from being earlier confined to the purchasing function to now moving towards collaboration in the areas of new product introductions, store sales and stock visibility, shopper marketing and space planning. Retailers have adopted various hues of technology such as portals, ERP extensions and BPM to manage these interactions. These have met with limited successes due to cost implications when processes, organization structure and IT systems change in a retail organization.

Fujitsu VCS solution can be used for vendor interactions in the areas of planning, onboarding, purchasing, vendor contract, shopper promotions, payables and store reporting. Fujitsu will also handhold the customer through the collaboration process through a pilot for key vendors and then a rollout to the entire vendor base. Key features of Fujitsu’s VCS solution include a plethora of features such as – retail organization structure with role based permissions, product category based visibility and execution, audit trails, secure vendor access, ERP integration, SLA based execution, email integration, dashboards etc.

About FUJITSU:

Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Over 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.5 trillion yen (US$55 billion) for the fiscal year ended March 31, 2011. For more information, please see http://www.fujitsu.com

Fujitsu in India through its subsidiary Fujitsu Consulting India Pvt. Ltd. addresses the IT Services and Software market in India and also operates Fujitsu’s largest Global Delivery Center in the world from India. Fujitsu is enabling its customers to realize their growth objectives by leveraging information technology through its integrated services and software portfolio. This includes Business Services, Infrastructure Management Services, Application Services and Software in industry verticals such as Energy & Utilities, Retail, Logistics, Consumer Packaged Goods, Infrastructure, Life Sciences & Healthcare, Agriculture & Allied, Government, Automotive and Financial Services. For more information, please see: http://www.fujitsu.com/in/  

Sourced From:Corporate Voice I Weber Shandwick