German discounter KiK taps TradeBeyond technology for end-to-end supply chain digitalisation push
KiK, a German discount retailer with more than 4,100 locations across Europe, has adopted TradeBeyond as its multi-enterprise platform to digitalise its supply chain operations.
KiK will use TradeBeyond’s CBX platform to optimise its supply chain end-to-end, starting with its sourcing, tendering, order collaboration, and inspection processes.
TradeBeyond will replace KiK’s existing analogye systems with cloud-based solutions that introduce real-time data sharing, empowering the company to bring new products to market faster and more efficiently.
The platform will assist KiK as it brings its sourcing operations in-house, streamlining its supply chain processes and easing its reliance on outside sourcing partners to realise major efficiency gains and cost savings.
"TradeBeyond's unrivalled expertise in sourcing and supply chain management, coupled with the company’s strong Asian presence, make them the ideal partner for us,” says Dirk Ankenbrand, CMO at KiK.
“No other platform on the market offered us the same breadth and depth of functionality. The tool and the partnership will support KiK’s future vision of collaboration and growth plans.
“For companies that haven’t yet started digitalising their supply chain processes, the benefits of implementing a multi-enterprise platform are especially profound,” says Tim Chiu, Senior Vice President at TradeBeyond.
“KiK will experience immediate and dramatic efficiencies with our platform. We are committed to supporting them with the change management necessary as they embark on this digitalisation initiative so that they can accelerate adoption and see rapid benefits."
The project will be executed in four phases over the next two years, with an initial go live date set for early next year.
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