OKLAHOMA CITY -- Love's Travel Stops has selected a cloud-based technology to address supply chain challenges, picking Manthan Systems, a supplier of business intelligence and analytics solutions.
Manthan Systems, with its U.S. offices in Scottsdale, Ariz., said that Love's has chosen its ARC Vendor Link for improved control over procurement processes, including new-product launch, cost and promotions data management and to support vendor "on-boarding."
ARC Vendor Link will help Love's provide improved visibility and process automation with form-based templates and a workflow engine for supplier management, merchandising, marketing and supplier-related financial transactions.
Manthan officials said benefits of the solution include the following:
- Decreased time spent managing vendor transactions with collaboration automation including vendor onboarding, vendor agreements, new-product introductions and pricebook data automation.
- Reduced out-of-stocks and faster promotion chargeback with better internal visibility.
- Enhanced vendor relationship management with vendor score-carding and performance tracking.
- Improved category performance with smarter purchasing decisions.
"We selected ARC Vendor Link because of its wide array of strategic benefits and quick time-to-value," said Jay Dempsey, manager of merchandise technology and development at Love's. "Manthan has proven the business value of the ARC solution suite time and time again. This solution has become a strategic platform for all retail analytics at Love's, including supply chain and vendor analytics."
With more than 12,000 employees, the Oklahoma City-based Love's Travel Centers & Country Stores Inc. operates more than 310 stores in 39 states across the country under the brands Love's Travel Stops, Love's Country Stores and Love's Truck Tire Center.
"We are excited to partner with Love's at a much deeper level with their analytics initiative by leveraging the ARC portfolio of business solutions to support and improve collaboration and problem-solving across their merchandising, marketing, finance, operations and supply-chain teams," said Kevin J. Walker, general manager of Manthan Americas.
With its portfolio of analytics products and solutions, Manthan helps its customers reach data-driven decisions. More than 100 retailers in 18 countries use Manthan's predictive and guided analytics, pre-built and flexible dashboards and mobile-enabled reporting.
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