Retail Inventory Management
When you have dozens of channels you are selling stock through ( stores, eCommerce platforms, marketplaces etc) and multiple locations you ship inventory from (3PL warehouses, suppliers, stores, drop-ship locations) it is critical there is visibility of all stock, and that smart automated decisions can be made about how you manage your inventory.
Specialists in inventory management
Inventory management is the area that has increased the most in importance and complexity over the past few years. As channels multiply exponentially, and customer expectations grow at the same speed, retailers have a complex array of constraints and considerations for managing inventory:
- Stock sourced from multiple locations warehouses (your own and 3PL), stores, supplier locations
- Dozens of channels you sell from – eCommerce and marketplaces, stores,
- Prioritisation and reservation of stock for different channels and customer categories
- Balancing quality customer service with business requirements
Keep inventory management close to your users
Your systems can only achieve so much. At the end of the day if the information about physical stock levels is not accurate, this will flow through the system. To achieve that single record of truth you need to have inventory management systems close to the people who recording stock levels. So, for retailers where stock is managed primarily from store locations, your POS should be the centre of your inventory management focus. If, on the other hand, you are an end-to-end retailer, you also need to focus on your ERP’s or Warehouse Management System’s inventory management capabilities.
Partnership and focus
GOC Retail knows that you need to focus on your core purpose and we understand the business behind retail technology. We help our clients know what technology is fit for the right purpose. Our clients say they love the relationships we build with them, and the way we enable them to focus on their core business.
Supporting your digital transformation
Retailers are all on a journey towards digital transformation, and you need to know that all parts of your retail ecosystem works seamlessly together and give your customer that single, quality brand experience, no matter what their touchpoint. GOC Retail understands how the pieces connect together and will work with you to find the right fit for your business. We are experts in this, and can help you identify where to focus and what will bring you the most value.
The integration experts
A successful unified commerce solution relies on seamless integration across all your retail technology. GOC Retail has pre-built connectors and integration solutions that make integration a breeze – whether it’s to your ERP, your sales channels, your payment providers and more.