Gain the competitive edge for tomorrow
The mass merchant’s latest demand is pay-by-scan which allows suppliers to place more inventory at retail sites to reduce out-of-stocks. Pay-by-scan is similar to consignment sale, but better due to the accuracy of today’s point-of-sale technology. You maintain ownership and control of your goods until sold at the checkout. Once scanned, both the sales report and an invoice are created by their EDI system and sent to you for scrutinization and compensation.
Big names, such as Walmart and Home Depot, have driven the pay-by-scan technology and are requiring suppliers to make the switch to boost their competitive position. Most other merchants will soon require this too.
DCS can help you with the switch by:
1. Describing pay-by-scan benefits and pitfalls.
2. Importing point-of-sale data into a database from which sales activity reports can be created by you.
3. Receiving and printing debit memos that detail the quantity sold, cost, and retail for each store weekly.
4. Training users and the I.T. staff.
For more information contact us today or read Pay-By-Scan.