Table of Contents
The global CPG giant streamlines their excess inventory and SLOB sales process
Unilever is a multinational company that sells fast-moving consumer goods. Their product verticals include food, health, personal care, and home care with 2.5 billion people using their products daily. The company operates in 190 countries with 149,000 employees and over $61 billion in annual revenue.
Inventory was being produced faster than it could be sold, resulting in rapid growth of slow-moving & obsolete inventory YoY.
The build-up of slow-moving and excess inventory resulted from:
Unilever partnered with INTURN to streamline processes in their sales cycle while digitizing their supply chain.
“We are working with the INTURN tool to sign deals directly in the platform and manage sales, not just inventory. We want to make the user experience better, with data mor readily available so we can pivot at an opportunity. Unilever also wants to measure the positive impact of selling slow-moving inventory on the environment by avoiding food waste, the landfilling of plastics, and the destruction of products.”
– Head of Channel & Customer Development
“What used to take one week-plus is taking significantly less time … We have decreased the time the average offer is out there by one-third”
– Head of Channel & Customer Development
Looking to digitize your supply chain to drive business process improvements and efficiencies? We can help. Discover vue.ai here.
We are excited to announce our new partnership with Decimal Technologies, a leader in the BFSI sector, to accelerate digital… Read More
Aug 26, 2024, San Francisco, CA - Vue.ai, a leader in Enterprise AI, is excited to share news that it… Read More
Vue.ai and Moative announce partnership to roll-out enterprise grade AI applications, redefining AI transformation efforts across industries. Vue.ai, a first-of-its-kind… Read More
Picture a grand orchestra performance, where each musician plays their part flawlessly, and the music flows seamlessly from the first… Read More
A whopping 75% of online shoppers rely on product photos when deciding on a potential purchase! It’s true: eCommerce experiences… Read More
Retailers are constantly looking at new ways to reduce eCommerce returns. Every guide, blog, and video on this subject, talks… Read More