TradeEdge DMS

TradeEdge DMS, developed by EdgeVerve Systems Limited, is an intelligent supply chain management platform designed to optimize operations, improve retail execution, and enhance channel visibility for brands. This solution caters to medium to large-sized enterprises, as well as government and public sector organizations of all sizes. TradeEdge DMS is utilized by professionals and industries including consumer goods manufacturers, retailers, distributors, supply chain managers, sales and marketing professionals, government agencies, non-profit organizations, social service providers, and procurement professionals in the social services sector.

Key Features

Demand Sensing: According to the vendor, TradeEdge DMS provides granular visibility and actionable insights by aggregating real-time data on product sales and inventory across multiple channels. It offers advanced analytics and simulation tools to enhance forecast accuracy and reduce out-of-stocks.

Suggested Ordering & Replenishment: The vendor claims that TradeEdge DMS leverages AI to suggest optimal product assortments based on comparable reference points of sale. It aims to reduce manual order touches by 80% and improve delivery planning and shipment accuracy. The solution also enables efficient inventory management and onboarding with self-service apps.

Order Management: TradeEdge DMS streamlines and simplifies order management processes on both the buy and sell sides. It provides real-time ordering information and enables self-service for customers. The vendor states that the platform seamlessly integrates with external third-party systems and can enhance salesforce productivity by over 10%.

Route Planning: According to the vendor, TradeEdge DMS dynamically identifies stores to visit based on expected order value and current sales targets. It aims to optimize salesforce routes, increase productivity, and allocate resources efficiently. The solution is designed to improve retail execution and reduce costs through prioritized store visits.

Product Traceability: TradeEdge DMS is said to drive targeted recalls swiftly across the value chain. It enables granular tracking of product movement to ensure statutory compliance. The vendor claims that real-time inventory tracking helps minimize liability and loss, while maintaining product safety and quality through swift recall actions.

Spend Data Management: According to the vendor, TradeEdge DMS unifies data from multiple sources and structures, creating a single source of truth for spend data. The solution offers AI/ML-based techniques to cleanse, enrich, and standardize data.

Spend Visibility and Analysis: TradeEdge DMS aims to classify spend to a common taxonomy using machine learning, fuzzy matching, and rule-based classification. It provides visibility into spend patterns and trends, enabling robust procurement process compliance.

Supplier Management: The vendor claims that TradeEdge DMS helps consolidate and rationalize suppliers, identifying price variations and optimizing contracts. The solution aims to address root causes for non-contract spend and standardize payment terms, enhancing supplier management efficiency.

Contract Management: TradeEdge DMS streamlines complex and time-consuming contract management processes. It automates acquittal and payment scheduling, provides due date reminders and notifications, and enables integrated contract performance monitoring.

Payment Management: According to the vendor, TradeEdge DMS efficiently manages online and offline payments, including split and recommended payments. It aims to reduce errors and exceptions through automated payment reconciliation, enhancing payment accuracy and reducing manual effort.