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New research on pos data sharing shows vendors interest is strong

According to an article written by Lynne Cooke titled "Efficient Communication Needed to Improve Trade Collaboration," in the most recent CPGmatters shows interest by retailers and vendors insharing POS data continues to be strong.

"Retailers have traditionally been reluctant to share POS (point of sale) data with trading partners in a collaborative spirit. But the survey results suggest a change of attitude. Only 14% of independents were less than interested in sharing POS data with one or more key supplier partners for the purpose of evaluating and improving category performance. At the same time, only one of ten (10%) of manufactures had a below average interest in receiving the POS data for the same purpose. Three of ten (28%) of wholesalers felt the same way." Read the full article

Vendor interest in POS data continues to be high. The tools necessary to take advantage of POS and EDI 852 data continue to be the challenge.

 

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