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Retail Solutions Receives Platinum Award at ECR China Conference

- RSi and Mengniu Acknowledged for their Collaboration, Omni-Channel Strategy and Business Transformation
Retail Solutions Inc.
2015-06-01 09:00 2706

CHENGDU, China, June 1, 2015 /PRNewswire/ -- Global retail analytics leader, Retail Solutions Inc. (RSi), today announced that its work with Mengniu, a leading dairy company in China, has been recognized by the industry trade group Efficient Consumer Response (ECR) for excellence in data sharing and collaboration.  RSi will receive this top honor during an awards reception at the 13th Annual ECR China Conference taking place June 3-5 in Chengdu China.  Executives from RSi and Mengniu will also present the award-winning case study, "Retail Big Data Management in Distribution Channel" during the conference's Consumer Demand and Innovation panel. 

"It's a great honor to win the Platinum Award together with Mengniu," said Charles Wu, Key Account Business Director at RSi Asia.  "Efficient consumer response has always been a challenge for CPG companies, especially for companies that sell through distributors like Mengniu.  By helping Mengniu build the KA-ePOS platform, their field sales team can now track sales status whenever and wherever and the management team can make quick, informed decisions in near real-time with the latest analytics."

In addition to joining Guo Zhigang, National KA Director for Mengniu during the Consumer Demand and Innovation panel, David Sun, Managing Director of RSi Asia will share retailer collaboration execution best practices on the Supply Chain Optimization panel.  Supporting the ECR organizational mission of working together to fulfill consumer wishes better, faster and at less cost, Mr. Sun will share with audience members how RSi is helping take collaboration programs to even greater heights through its work with Ahold, ASDA, Family Dollar and major retailers throughout China.

Mr. Sun will touch on key topics including:

  • 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 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 13th 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 Chinese retailers both online and brick-and-mortar, including Wal-Mart, CR Vanguard, Metro, Tmall and JD will be represented at the event, alongside international FMCG manufacturers like P&G, Coca-Cola, Nestle 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

To learn more about RSi and its data platform, visit booth A10.

About Retail Solutions Inc.
Retail Solutions Inc. (RSi) turns retailer data into opportunity – in the store, on the shelf, and with shoppers worldwide.  Designed to automate the path to purchase and drive value across the supply chain, RSi's proprietary algorithms, business processes and suite of intelligent, cloud-based applications help the world's leading consumer goods manufacturers listen and respond quickly to consumer demand – ensuring the right product, is in the right store, at the right time. Each day, the RSi platform processes billions of records from nearly 120 major retailers in more than 150,000 locations throughout the world and turns the data into actionable insights for immediate decision making.  From solving out-of-stocks, to identifying inaccuracies in the supply chain, to optimizing digital marketing efforts, RSi maximizes product availability, uncovers new business opportunities and drives sales. The RSi platform is trusted by more than 500 global CPG companies including such household names as Colgate-Palmolive, Nestlé and Procter & Gamble. To learn more about the company, visit: http://www.retailsolutions.com/

Media Contacts:
Juicy Liu
Retail Solutions Shanghai Inc. (Asia HQ)
Juicy.liu@retailsolutions.com
+ (86) 21.3397.3738

Source: Retail Solutions Inc.
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