Compare Wipro Promax vs. mPromo

For companies in the Consumer Packaged Goods (CPG) sector, trade spending typically ranks as the second highest cost, following the cost of goods sold. As consumer preferences and retail alliances evolve swiftly, these companies require enhanced capabilities to efficiently manage their trade promotion optimization efforts. The quest to optimize trade spending is complicated by various external elements, including fierce competition in the market, region-specific logistics, and compliance with regulations. Additionally, organizations encounter obstacles stemming from internal issues, such as fragmented data across multiple platforms (including ERP, POS systems, and syndicated data from sources like Nielsen), challenges in extracting insights from analyses conducted before and after promotions, and the common difficulties in fostering collaboration among teams in sales, marketing, finance, and demand planning. To tackle these challenges effectively, Wipro has developed its Promax® suite of solutions, which encompasses trade promotion management, optimization, and execution (TPM, TPO, and TPx), ensuring a comprehensive approach to trade spend management. By leveraging these solutions, CPG companies can navigate the complexities of trade spending with greater efficiency and effectiveness.

In the current rapidly evolving business landscape, it is crucial for your sales team to have immediate access to vital information in order to make important business choices while on the move. By integrating trade promotion management (TPM) with customer relationship management (CRM) systems, organizations can speed up decision-making processes, boost productivity, and improve customer service. mPromo (Mobile Trade Promotion Management) is a solution built on the SAP Mobile Platform that equips field personnel with the necessary tools to efficiently plan, execute, and monitor trade promotion activities. The advantages of mobility enable instant decision-making, facilitating the planning and negotiation of promotional events with clients. Additionally, mPromo allows for what-if analysis, ensures promotion compliance tracking, and provides feedback to management. Furthermore, negotiations between supplier sales teams and retail representatives often rely on outdated or irrelevant information, which can hinder effective decision-making. This highlights the necessity of a real-time data solution like mPromo to enhance promotional strategies and maximize outcomes.