Canadian Tire adopts Vendor Management System

Toronto-based Canadian Tire Corp. has implemented a Vendor Management program from Soft Solutions, a provider of global intelligent retail systems.

The deployment of the ibs Referential Vendor Management solution started with ibs pricing and ibs promotions, followed by the deployment of the full version of ibs referential for retail organizations and product management (PIM, MDM).

The project will continue during the first quarter of 2012 with the deployment of ibs datasync to optimize electronic data exchange with their vendors.

The retailer’s goals are to guarantee purchasing system transparency, optimize daily cost management and simplify vendor contract management.

Soft Solutions is based in San Bruno, Calif.