VendorPal™ is a unique tool that assists the vendor in taking product performance tracking to the next level, allowing the vendor to track retailers' metrics in real-time, based on the product's or business' unique characteristics.
The key characteristics that make individual items successful or unsuccessful can be identified, in order to repeat or avoid them in the future. Vendors can pass on the information to their new product development department, increasing the chances of developing winning products from the beginning. By communicating throughout the product development process, vendors can make valuable product modifications based on any team member's insight.
Improved overall vendor performance is a direct result of vendors and retailers focusing on the same quantifiable goals. VendorPal™ ensures that all team members remain focused on the same goals, by allowing vendors to evaluate their products' performance in a collaborative environment.