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Regional independent Save Mart Supermarkets has renewed its subscription to its existing deal management software service, which it uses to streamline how it receives, negotiates, reconciles, and archives trade promotions with its vendors through a secure, Web-based environment.
The grocer is using San Mateo, Calif.-based DemandTec's Deal Management software service. By leveraging the system’s 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," said James Sims, CIO at Save Mart.
Deal Management is a component service of DemandTec End-to-End Promotion Management, a suite of software services for managing the entire promotion process, from collaborative promotion planning and deal management to in-store execution and post-event analysis.
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.
Modesto, Calif.-based Save Mart owns and operates more than 240 stores in Northern California and Northern Nevada under the Save Mart, S-Mart Foods, Lucky, and FoodMaxx banners.