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Euforik

Retail

Retail buys to a calendar. A range is fixed months before it sells, an own-brand product carries your name and therefore your answer for it, and the factory that raised its price in March is the one you need a second quote for by June. Meanwhile everything that never reaches a shelf, from store fit-out to cleaning, is bought site by site and never as one thing.

Euforik works across both: finding and qualifying own-brand manufacturers, sourcing the spend nobody has tendered, and keeping one record per supplier behind all of it.

retail

From the need to the supplier you keep

From identifying a sourcing need to managing the supplier relationship that follows. Euforik brings the entire journey together, helping teams move from sourcing to long-term supplier management.

Demand identification

See what you are already buying: spend, prices and renewal dates from your ERP, so the categories worth sourcing and the contracts about to lapse show up early.

Discovery

One search for direct and indirect suppliers anywhere in the world. Describe what you need in plain language and get suppliers that fit, with the reason each one matched.

Validation

Every supplier checked against your requirements, from capability and quality to finance and compliance, with the evidence to back it up.

Outreach

RFIs, RFQs and RFPs written and sent for you. Suppliers answer through a link, Euforik follows up, and the replies come back in one place.

Negotiation

The agent shows where your leverage is, from your own history with a supplier and what the market is doing right now.

Contract

The agreement drafted in your own template, with everything the supplier committed to already in it.

Spend

What you spend with a supplier, read straight off your ERP data. Per category, per period, next to the unit price that moved it.

History

Every purchase line and every delivery booked against them. A price that drifted upward over two years is a chart, and the on-time rate is a figure rather than an impression.

Files and dates

Agreements, certificates and insurance in one place, each with the date it lapses. You hear before it does, not when somebody needs it.

Relationship

Who you deal with there and who owns it here, with the notes your team left on the account beside them.

Monitor

Rules you write yourself, checked every night against spend, delivery, expiry dates and the news. You hear when one is crossed.

Projects

The work in flight on a board your team shares. Each project carries what it is for, who owns it, what it is worth and the date it is due.

What Euforik helps you manage

  1. 01

    Own-brand food

    Your name on the product makes the labelling, shelf life and factory certification yours to defend. Artwork, certificates and their expiry dates stay on each factory's record.

  2. 02

    Textiles and apparel

    Sampling rounds and approvals take longer than the range plan allowed. Euforik keeps them in a project your buying and quality teams share.

  3. 03

    Hardlines and electricals

    A kettle, a lamp or a toy is bought on a specification, a test report and a factory audit. Euforik checks every factory for all three before it quotes.

  4. 04

    Beauty and personal care

    Own-brand cosmetics make the retailer responsible for the product file. The agreement says who holds it and what happens if you change manufacturer.

  5. 05

    Freight, duty and landed cost

    The delivery term and the origin decide what a product really costs. Euforik puts landed cost next to every quote.

  6. 06

    Goods not for resale

    Store fit-out, uniforms, cleaning and security are bought site by site. Euforik shows what they add up to and which local agreements are worth replacing with one.

  7. 07

    Seasonal and promotional buys

    A factory that says yes in March may have nothing free in September. Euforik gets capacity for your window confirmed before you commit.

Bringing a second factory into a range

Range work runs backwards from a date on shelf. Euforik shows which factories have raised prices, when and what it has cost you, then finds manufacturers you have not bought from yet, in the countries you name.

Every factory is measured against the product's requirement, from specification and test reports to the audit you expect and the date it can be ready. A second quote next to what you pay today either moves the incumbent or replaces it, and once the agreement is signed, the artwork, certificates and dates live on the factory's page.

From a product specification to a shortlist

Give the agent the specification for an own-brand product, the last quote and your quality manual, and it drafts the requirement a factory will be measured on. Then it finds manufacturers in the countries you name, runs the RFQ, and shows where your current factory's price has drifted since the last negotiation.

Once the range is on shelf

After launch the questions turn to price, delivery and the next audit. Each factory's record holds its unit prices, deliveries, test reports and audits, with your team's notes beside them, which matters in a business where buyers move between categories. You hear before an audit falls out of date or when a price rises more than you allow.

Frequently asked questions

No. Euforik does not visit or rate factories. It checks every factory against the audit you require, shows which audits are confirmed, and asks for anything missing.

Yes. Euforik shows unit prices per supplier and per category from your ERP, with the month each rise started, and lists the suppliers priced above your benchmark before a negotiation.

Yes, and it is often where the quickest savings are. Euforik shows what is bought site by site and which local agreements are worth replacing with one, then runs the sourcing.

No. Orders, stock and payment stay in your ERP. Euforik handles the sourcing and the supplier record: finding and checking suppliers, contracts, prices and delivery performance.

What the change is worth

Measured over one buyer's year, whichever way you come at it.

12M+

Suppliers within reach, across 190 countries

80%

Less of the manual assessment work a buyer does today

25 hrs

Saved a month per buyer, on research, analysis and drafting

€400k

Saved a year per buyer, on €20m of sourced spend

Already trusted and used by small to big companies and sourcing teams

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Sync all your data

Euforik reads from the systems you already run. Purchase lines and spend out of the ERP, agreements and certificates out of the drive, and the models and inboxes your team works in on the other side of it.

Explore Euforik for Retail

Bring a requirement you are working on or a supplier you already use. We will run it through Euforik with you, on your own data, and you can judge it from there.

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