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Retail
Arteli.
Taking On the World’s Biggest Retailer...
and Winning
A regional grocery chain that competes in a dozen or so markets with WalMart, used
Bitam to create a unique shared cash flow system with suppliers to reduce inventory
days, achieve near perfect orders, and eliminate liabilities. Same store sales increased 9% versus Wal-Mart’s 7.5%. |
Case Study: Many retailers who try to take on WalMart meet an ignominious end that usually
includes bankruptcy court proceedings. However, a regional grocery chain that competes
in a dozen or so markets with WalMart was ready to fight with Bitam’s help. In addition
to their competitive sales challenge, the retailer was facing issues with increasing
liabilities. Bitam created a unique shared cash flow system with suppliers to reduce inventory days, achieve near perfect orders, and eliminate liabilities.
Issues |
Bitam Solution |
Results |
How to compete against the
world’s most powerful
retailer: WalMart
Ballooning liabilities from
inefficient inventory
management, Accounts
Payable and Accounts
Receivable
|
Creation of a supplier-shared, cash-flow system with real-time inventory monitoring and ordering capabilities. |
Shorter frequency orders
Inventory days reduced
20%.
Same store sales increase
of 9% vs. WalMart’s 7.5%
Efficient AR/AP: liabilities
eliminated
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