September 18, 2013
SARASOTA, Fla. – Living Naturally, a leading provider of technology and marketing solutions for retailers through its platform GeniusCentral™ today announced that it has signed an agreement with Sprouts Farmers Market to enhance order system efficiency while streamlining the supply-chain processes.
The GeniusCentral platform includes the BuyingGenius™ procurement program and the SupplierGenius™ management console, and provides the retail industry with the standardization of product data, taxonomy, pack size and order unit consistency.
Sprouts’ vendors will begin using the SupplierGenius website for catalog uploads and purchase order management by Nov. 1. Sprouts will use the BuyingGenius solution for all ordering, as an upgrade from various other ordering methods. The new program will enable role-based order management that provides transparency across retailers and brokers for all ordering.
The GeniusCentral platform will offer advanced capabilities to Sprouts buyers and merchandisers, including centralized new product selection with vendors, coordinated promotional buying and consumer-facing promotional campaign execution. It also provides many tools for Sprouts’ supplier partners, including standardized purchase order submission, online catalog, deal management, data quality and performance metrics.
“We selected Living Naturally because the company has shown commitment to creating a better shopping experience at Sprouts,” said Doug Sanders, CEO of Sprouts. “The GeniusCentral products will help us increase our accuracy, so we can keep the shelves stocked with what our health-conscious customers need most.”
Living Naturally CEO Dan Clarke highlighted the value of SupplierGenius and BuyingGenius solution for Sprouts.
“We are pleased to be working with such an influential, impactful and progressive company such as Sprouts on this upcoming procurement rollout, as well as partnering with them on a strategic basis to develop state-of-the-art solutions for business analytics and computer-assisted ordering such as quantity recommendations,” Clarke said. “I believe that this is where the real opportunity to transform the industry is.”
Nature’s Best, the leading supplier for Sprouts, is anticipating positive changes with these new programs from Living Naturally.
CEO Jim Beck said, “We look forward to working closely with Living Naturally to deliver a state-of-the-art procurement and supply chain management solution to Sprouts. Living Naturally is at the forefront of innovation in the industry in these areas, and their solutions will create great efficiencies up and down the supply chain for retailers and suppliers alike.”
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