San Mateo, CA: Save Mart Supermarkets, a leading food chain retailer, announces it
has renewed its subscription to the Deal Management software service by DemandTec Inc., a global leading provider of predictive merchandising, marketing, trade, and shopper analytics solutions for the retail value chain.
Leveraging DemandTec’s Deal Management software service, Save Mart is able to automate and streamline how it receives, negotiates, reconciles, and archives trade promotions with its vendors through a secure, Web-based environment. Using an automated workflow spanning the entire deal process, Save Mart boosts efficiency by eliminating manual processes and cutting the deal cycle time with suppliers, electronically sharing key information to maximize trade fund availability, and accelerating the reconciliation and audit process with an electronic document archive.
“We pride ourselves on our ability to run an efficient organization, and with DemandTec, we are able to streamline our deal management processes in a way that helps us work with our vendors more effectively and serve our shoppers with a robust promotion calendar,” says James Sims, CIO at Save Mart.
Deal Management is a component service of DemandTec End-to-End Promotion Management, a solution that includes related software services for managing the entire promotion process, from collaborative promotion planning and deal management to in-store execution and post-event analysis.
“For more than fifty years Save Mart has been finding cutting edge ways to achieve success,” says Dan Fishback, president and CEO of DemandTec. ”DemandTec’s Deal Management software service is yet another use of innovation that is helping Save Mart and other leading retailers create a more efficient trade network.”
All DemandTec software services, including Deal Management, are delivered through the DemandTec TradePoint Network, an Internet-based platform connecting all DemandTec software services used by retailers and their suppliers to collaborate on pricing, promotion, assortment, and other decisions. There are approximately 13,000 retailer and manufacturer end-users on the DemandTec TradePoint Network, who have collaborated on over 3.5 million trade deals to date.
