KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd today unveiled its collaboration with Radiant Globaltech Bhd with the adoption of the retail technology solutions provider’s AX Retail B2B portal for 7-Eleven’s 2,323 outlets nationwide.
The B2B portal adoption is expected to streamline the convenience chain store operator’s procurement process and reduces errors in deliveries, invoices and payments.
“With the B2B portal everything will be done electronically, we foresee quite a lot of savings in the back office, particularly the accounts processing center,” said 7-Eleven CEO Colin Harvey to media at a signing ceremony.
Currently, the AX Retail B2B portal is scheduled to be implemented in 7-Eleven outlets next month for a duration of three years with a yearly renewal option once the initial agreement has expired.
He envisioned the retail solution technology will be adopted by all of its suppliers within 12 months.