MONTVALE, N.J. — A&P here, which operates 336 stores, has selected the Deal Management software service from DemandTec, San Carlos, Calif., to streamline its deal and allowance management capabilities.
Replacing its current paper-based approach, A&P will use the service to capture vendor-submitted deal information in a secure online setting, negotiate and manage each deal, establish control points for data accuracy, and store information for seven years, providing an electronic trail to help support regulatory compliance. The service will be integrated with A&P’s existing systems to leverage current automation for coupon, tag and sign production as well as automated billing and invoice reconciliation.
“Through A&P’s partnership with DemandTec, we expect to not only gain near-term benefits through a more streamlined, collaborative deal management workflow with our suppliers, but to also support a broader end-to-end promotion planning strategy that maps to our existing systems,” said Tom O’Boyle, executive vice president of merchandising, marketing and supply chain at A&P, in a statement.
