Stocking the Shelves: How Retailers Tackle P2P Challenges

The retail business is cutthroat. Many products that retailers sell have razor-thin margins. As a result, these businesses must be pros at managing their supply chains. Retailers often structure terms to avoid paying suppliers for merchandise until they have a chance to sell it to their own customers. Ideally, retailers pay vendors for product out of the money they collect from selling it. They also have mature systems in place to manage the procure-to-pay process for merchandise purchases…