AutoZone Adopts viaLink Services for Pay-on-Scan
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viaLink Brings New Visibility to Automotive Aftermarket Supply Chain
The viaLink Company (OTCBB: VLNK) announced today that AutoZone (NYSE: AZO), the nation’s number one retailer for the growing do-it-yourself automotive maintenance and repairs market, will use viaLink’s services to enhance supply chain visibility and enable Pay-on-Scan /Scan Based Trading with its suppliers.
“We see this as a key opportunity to engage our suppliers more actively in our primary business goal of serving our customers in our stores,” said Brett Easley, Sr. VP of Merchandising at AutoZone. “viaLink’s services will help make this a win-win for AutoZone and our suppliers. First, this will give our suppliers actionable consumer sales visibility. Second, viaLink will help us enable the full range of our suppliers to move quickly to adopt this new business process, regardless of their technical capabilities. Also, our agreement with viaLink will enable AutoZone to implement this initiative consistent with the recommendations of the recent study sponsored by the Automotive Aftermarket Industry Association (AAIA).”
viaLink’s services will provide data synchronization and visibility to consumer demand at the store level as a solid foundation for the collaborative processes designed to increase sales and customer satisfaction for both AutoZone and its suppliers. Suppliers participating in the program will have access to perpetual inventory and product flow reporting, as well as a clear picture of new product status and distribution. Various exception reports will support suppliers in assuring the ongoing accuracy of pricing and the ability to identify and act on potential out-of-stock and overstock situations.
“This is an exciting development for the automotive aftermarket industry,” said Doug Adams, Vice President and founder of Prime Consulting Group, inc. “As we underscored in the study we conducted for AAIA, Pay-on-Scan is a very promising opportunity for the industry using a process that establishes the foundational collaborative building blocks. viaLink as a third party supports the trust, openness and visibility that are needed to increase efficiency and sales for everyone in this industry.”
“We are extremely pleased to be working with AutoZone, the leading retailer in this market,” said Bob Noe, CEO of viaLink. “There is great potential for our service to help eliminate costs in the total automotive aftermarket supply chain. The tools we provide for improved collaboration between AutoZone and its suppliers support the ultimate goal of meeting and exceeding customer expectations.”
The AutoZone program based on viaLink services is designed to be easy for suppliers to implement.
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