Tokmanni and Europris expand supply chain management and sustainability tie up with TradeBeyond
Finnish discount retail chain Tokmanni and its Norwegian counterpart Europris report significant advancements in their supply chain management and sustainability initiatives through a partnership with TradeBeyond.
Tokmanni-Europris previously managed its various private brand products using manual processes, spreadsheets, and emails. Recognising the need for digitalisation to enhance tracking, tracing, and low unit costs, the companies turned to TradeBeyond.
Having benefited from its phase one implementation, Tokmanni-Europris is now taking advantage of the platform’s expanded capabilities, leveraging its real-time integrations with quality partners SGS and Bureau Veritas and amfori BSCI social sustainability database.
These integrations provide it with digital data directly from quality partners and certified audit reports transferred digitally to their systems in real-time, ensuring all supplier partners are certified and compliant with the high standards that consumers increasingly expect from retailers.
"When we first chose TradeBeyond three years ago, the extensibility of its solutions was key; we needed a platform that we could continue to grow and improve our operations with over time,” says SzeWan Cheng, Managing Director at Tokmanni-Europris Buying Office.
"By centralising critical ESG information, these new integrations have further empowered us to maintain the highest standards of quality and social responsibility across our supply chain, reinforcing our commitment to our customers and social sustainability.”
“We are delighted to continue on this journey of supply chain optimisation with TradeBeyond, and will continue to leverage their latest innovations.”
These recent enhancements have enabled Tokmanni-Europris's sourcing operations to increase its On Time In Full (OTIF) performance, a key indicator of supply chain efficiency and accuracy.
“We are committed to continuously working with our partners to add value and improvements to our system," says TradeBeyond CEO Michael Hung.
"Our integrations with SGS, Bureau Veritas, amfori BSCI, and others exemplify our dedication to continuous innovation and helping retail brands like Tokmanni-Europris adopt best practices and stay ahead in a competitive market."
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