3. Inventory Visibility
Inventory visibility has become a necessity for retailers interested in succeeding in an omnichannel strategy.
Omnichannel today is all about inventory optimization and technology. Inventory visibility across channels and stores is the main enabler.
Inventory visibility provides numerous benefits for both retailers and purchasers:
● Enables store inventory products to be available to fulfill online orders even when fulfillment centers inventories are vacant.
● Allows store associates to check system availability, find a product, and prepare it for delivery.
● Reduces markdown expenses by enabling some items to be sold (usually it is mislocated items).
Giving store associates a Point of Sale solution that provides you with inventory information across the business which can be used to inform the customer or to fulfill an order generated through online channels or in another store.
Adopting fulfillment strategies won’t be a problem anymore. Now you can focus on increasing sales, improving inventory turnover, and lowering markdowns.