Retalix, represented by StoreNext, is expected to supply the catalogue.
Super Sol (NYSE: SAE; TASE: SAE) is replacing its current inventory management system with an electronic catalogue. Retalix (Nasdaq: RTLX; TASE: RTLX), represented by StoreNext, is expected to supply the catalogue. Retalix and StoreNext have already begun offering Super-Sol’s suppliers the opportunity of participating in a joint information system for inventory and orders management.
When Amiaz Sagis was CEO of Super-Sol, the retail chain began considering the use of an electronic catalogue system to replace its electronic data interchange (EDI) inventory management system. Super-Sol first tested the viability of the system through a pilot project with six of its major suppliers.
During a logistics conference 18 months ago, Sagis said, “We’ll be pioneers in this field.” He noted that logistics in a network has become very complex, as a result of the increasing variety of products, especially in large stores, where the number of items can reach 80,000, compared with 30,000 in a neighborhood supermarket. The cost of the distribution chain is a key component in the cost of the network. Transportation accounts for 43% of distribution costs, collecting and loading 17%, reception and delivery 16%, storage 13%, and the inventory management system 11%.
Published by Globes [online] - www.globes.co.il - on January 27, 2004