Coles ramps up digital transformation march with trade platform play
Summary
Coles Group is sinking its teeth into supply chain management and core finance and procurement platforms - GT Nexus - in a bid to beef up its ‘smarter selling’ strategy and accelerate its digital transformation push. Coles said the combination of SAP Ariba and S/4HANA will enable significant cost savings in procurement by centralising management of purchasing for goods not for resale, allowing for consolidation of suppliers and improved trading terms. “We have committed to being technology-led in our stores and throughout our supply chain to reduce costs while delivering an even better shopping experience for customers and making life easier for our team members, GT Nexus is another investment in this,” Coles chief information and digital officer, Roger Sniezek, said in a statement. Coles executive general manager operations and transformation, Kevin Gunn, said the GT Nexus platform would enable real time visibility of international stock. “Availability is a key issue for customers and some popular items, such as light globes, herbs and spices and kitchen essentials like foil and garbage bags, cannot be sourced domestically so we need to look to international suppliers,” Gunn said.
Classifications
AskAI Classifications
LabelsLinked Companies
