- RSi's Managing Director of Asia to be Joined On-Stage by Wal-Mart and Kimberly-Clark to Discuss the Critical Role of Data Sharing and Collaboration.
GUANGZHOU, China, June 5, 2014 /PRNewswire/ -- Retail Solutions Inc. (RSi), a global provider of cloud-based, Big Data analytics and real-time intelligence for the consumer-products industry, today announced that David Sun, Managing Director of RSi Asia will share collaboration execution best practices as a presenter at the 12th Annual Efficient Consumer Response (ECR) China Conference taking place June 10-12 in Guangzhou China.
Mr. Sun will participate in two sessions during the event. The first, Parallel Session Two panel, "Consumer Demand and Innovation," Mr. Sun will be joined by Pinyou, a leading Internet advertising technology company in China to discuss new item digital acceleration programs that leverage daily downstream data combined with hyper-local digital information and assets to optimize new item consumer demand by individual store. With this newfound intelligence, manufacturers and retailers can better collaborate to accelerate new item sales as fast as possible in each store; drive awareness and sales for in-store promotions; manage store-level inventory issues; and maintain critical sales rates in priority stores.
Supporting the ECR organizational mission of working together to fulfill consumer wishes better, faster and at less cost, Mr. Sun will be joined by executives from Wal-Mart and Kimberly-Clark during Parallel Session Supply Chain Optimization. Here, executives from Kimberly-Clark will share elements of its award-winning collaboration program with Wal-Mart, leveraging technology from RSi. Attendees will learn why ECR China awarded Wal-Mart, Kimberly-Clark and RSi the Platinum Award for its positive results and explore the following key topics:
How to build trust and work together toward the common goal of improving supply chain efficiency;
How to increase logistic efficiencies, reduce excess inventory and drive down overall costs by encouraging collaboration and daily data sharing with trading partners; and
How to reduce out-of-stocks and increase on-shelf availability.
ECR China is an independent joint trade and industry body which is co-chaired by representatives from the retail and manufacturing sectors. It promotes the use of ECR techniques in Fast Moving Consumer Goods (FMCG) retailing to remove unnecessary costs from the supply chain and make the sector, as a whole, more responsive to consumer demand. Now in its 12th year, this unique forum was created to bring together retailers and manufacturers to establish collaborations that foster supply chain efficiency, reduce costs and improve the bottom line. Leading China retailers including Wal-Mart, CR Vanguard, Metro, SPAR, Amazon and 1 Hao Dian will be represented at the event, alongside international FMCG manufacturers like Coca-Cola, Nestle, Kimberly-Clark and Unilever.
"RSi's presence at ECR China underscores our commitment to helping transform how retailers and suppliers communicate and collaborate throughout the supply chain, turning daily downstream data into actionable insights that drive new efficiencies, improve supply chain performance and ensure products are on the store shelf, in every store -- every day," said David Sun, Managing Director of RSi China.
RSi has helped more than 500 consumer goods companies build better dialog and more effective partnerships with nearly 100 retailers across the globe. The RSi platform collects, cleanses, harmonizes, and enriches a daily stream of consumer-demand signals that simply are not available for any other source. With its industry-leading reporting and business intelligence capabilities, RSi transforms retailer Big Data it into actionable business intelligence to be shared with suppliers across their enterprise and throughout the value chain, helping to make smart decisions at the store and on the shelf. As a result, RSi customers experience on average a 7-10 percent lift in out-of-stocks.
To learn more about RSi and its data platform, visit booth #A6.
