Order management system

Retailers Must Navigate Major Data and Talent Barriers to Reap Full Benefits of AI, According to Research from Fluent Commerce

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 6, 2024 /PRNewswire-PRWeb/ -- Fluent Commerce, the leading provider of distributed Order Management System (OMS), Fluent Order Management, today released the findings of new research showing that while many retailers are eager to leverage artificial intelligence (AI) to improve mission-critical capabilities, they face significant barriers to capitalizing on its potential, with only 27% currently utilizing AI/ML to support inventory and order processes.

Key Points: 
  • However, retailers also share a range of significant barriers in adopting predictive AI/ML technologies, including:
    Data preparation challenges: Almost half (43%) of respondents highlighted the complexity of preparing data for AI/ML models.
  • Retail data often resides across disparate systems not originally designed for the nuanced demands of AI training, complicating the data preparation process.
  • In addition, the research also highlights a gap in historical data, crucial for training predictive AI models.
  • The process requires effort, but the benefits – ranging from better inventory management to enhanced delivery success – are potentially highly significant."

Grupo Éxito Improves Delivery Times by 50% and Improves Customer Satisfaction by Eight Points with Manhattan Active® Omni

Retrieved on: 
Tuesday, February 13, 2024

Manhattan Associates Inc. (NASDAQ: MANH) today announced that Grupo Éxito has successfully transformed its retail operations with Manhattan Active® Omni .

Key Points: 
  • Manhattan Associates Inc. (NASDAQ: MANH) today announced that Grupo Éxito has successfully transformed its retail operations with Manhattan Active® Omni .
  • As a result of this initiative, the retailer has cut its delivery times in half and significantly improved customer satisfaction.
  • In Store Order Capture capabilities will also allow Grupo Éxito to save sales in store and contribute to increased revenue and heightened customer satisfaction.
  • “We are proud to partner with Grupo Éxito and are thrilled to see this retailer cut delivery times in half and boost customer satisfaction with Manhattan Active Omni,” said Stewart Gantt, executive vice president, professional services.

KBFG Securities America Inc. Selects the Sterling Trading Tech Order Management System to Expand Access into US Equities Including 24x5 Trading via Blue Ocean Technologies

Retrieved on: 
Thursday, January 25, 2024

Sterling Trading Tech (STT), a leading provider of trading technology including a proprietary order management system, a risk and margin system, and trading platforms for the capital markets worldwide, is pleased to announce a significant benchmark in its international growth by offering the STT order management system to KBFG Securities America Inc.

Key Points: 
  • Sterling Trading Tech (STT), a leading provider of trading technology including a proprietary order management system, a risk and margin system, and trading platforms for the capital markets worldwide, is pleased to announce a significant benchmark in its international growth by offering the STT order management system to KBFG Securities America Inc.
  • KBFG will leverage STT's high-performance order management system to offer U.S. equities and access to Blue Ocean ATS trading to their clients.
  • Additionally, one of the key components for KBFG includes Blue Ocean ATS and the 24 x 5 trading model.
  • Sterling offered the API infrastructure and Order Management System to seamlessly integrate to make this possible, which led to a much faster time to market."

XY Retail Is Chosen as the Unified Commerce Platform for the Armani Group

Retrieved on: 
Friday, January 12, 2024

XY Retail has been chosen as the Unified Commerce Platform for the Armani Group, weaving the retail operations for the brands Giorgio Armani, Emporio Armani, Armani Exchange, and Armani Casa across over 20 countries and more than 700 stores.

Key Points: 
  • XY Retail has been chosen as the Unified Commerce Platform for the Armani Group, weaving the retail operations for the brands Giorgio Armani, Emporio Armani, Armani Exchange, and Armani Casa across over 20 countries and more than 700 stores.
  • View the full release here: https://www.businesswire.com/news/home/20240112666249/en/
    The implementation of XY Retail's unified commerce platform at Armani encompasses a comprehensive suite of solutions, including Point of Sale (POS), and Order Management System (OMS).
  • In a rapidly evolving omnichannel landscape, having a state-of-the-art commerce platform is crucial, and XY Retail perfectly aligns with our vision," stated a note from the Armani Group CIO office.
  • Susan Jeffers, CEO of XY Retail, emphasizes the significance of this collaboration, stating, "We are happy to be the chosen partner for Armani's global retail implementation.

Slowear Selects the XY Retail Unified Commerce Platform

Retrieved on: 
Tuesday, January 9, 2024

XY Retail, a leading provider of omnichannel retail solutions, has been selected as the unified commerce platform provider for Italian fashion house Slowear .

Key Points: 
  • XY Retail, a leading provider of omnichannel retail solutions, has been selected as the unified commerce platform provider for Italian fashion house Slowear .
  • In a strategic move, Slowear is set to enhance its retail operations by partnering with XY Retail, leveraging the full spectrum of XY Retail’s cutting-edge solutions.
  • By adopting XY Retail’s state-of-the-art technology, Slowear aims to create a unified commerce experience for both its valued customers and retailers.
  • Thanks to the partnership, Slowear customers can enjoy key benefits of the XY Retail platform including:
    Mobile-First Approach: Recognizing the increasing dominance of mobile shopping, XY empowers Slowear with a robust app-based experience.

XY Retail Introduces Cutting-Edge Order Management System for Luxury Retailers

Retrieved on: 
Monday, January 8, 2024

XY Retail, a leader in innovative retail solutions, today announces the launch of its latest product, an advanced Order Management System (OMS) that comes fully pre-integrated with the XY Point of Sale (POS) and Clienteling solutions.

Key Points: 
  • XY Retail, a leader in innovative retail solutions, today announces the launch of its latest product, an advanced Order Management System (OMS) that comes fully pre-integrated with the XY Point of Sale (POS) and Clienteling solutions.
  • The XY Retail OMS offers:
    End-to-End Integration: The XY OMS is intricately woven into the fabric of the XY POS and Clienteling systems, fostering a holistic retail ecosystem.
  • Effortless Order Processing: With a user-friendly interface, the OMS simplifies and accelerates order management, from initiation to fulfillment.
  • "We're excited to introduce our integrated Order Management System, marking a significant step in advancing retail operations,” said Susan Jeffers, CEO of XY Retail.

BJ's Wholesale Club Modernizes Omnichannel Inventory with Nextuple

Retrieved on: 
Thursday, December 14, 2023

ANDOVER, Mass., Dec. 14, 2023 /PRNewswire/ -- Nextuple , a pioneer in transforming retail and grocery fulfillment, today announced that BJ's Wholesale Club ("BJ's") has invested in a new Enterprise Inventory Service, leveraging the Nextuple OMS Studio to replace its legacy OMS inventory system.

Key Points: 
  • ANDOVER, Mass., Dec. 14, 2023 /PRNewswire/ -- Nextuple , a pioneer in transforming retail and grocery fulfillment, today announced that BJ's Wholesale Club ("BJ's") has invested in a new Enterprise Inventory Service, leveraging the Nextuple OMS Studio to replace its legacy OMS inventory system.
  • With over $19B in annual revenue and more than 230 clubs, BJ's selected Nextuple to help them move away from SaaS solutions and to modernize inventory operations.
  • BJ's Wholesale Club Modernizes Omnichannel Inventory with Nextuple.
  • Nextuple is working with a broad range of retail and grocery leaders throughout North America to improve performance and agility in these key areas.

Industry Survey: Retailers Reveal Impaired Inventory Visibility Jeopardizes Customer Trust

Retrieved on: 
Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 /PRNewswire-PRWeb/ -- Fluent Commerce, a leading provider of a cloud-native distributed Order Management System, today released the findings of the Global State of the Industry survey. The survey reveals retailers are struggling to maintain trust with customers because of persistent sales cancellations spurred by poor inventory visibility.

Key Points: 
  • The survey reveals retailers are struggling to maintain trust with customers because of persistent sales cancellations spurred by poor inventory visibility.
  • While customer trust used to center almost exclusively on payment security, customers today rely on retailers to communicate honestly and accurately on product descriptions, pricing, and availability.
  • Seventy-two percent of retailers and direct to consumer brands want to reduce cancellations but are challenged by inaccurate inventory data.
  • That's why retailers must maintain accurate inventory data to cultivate trust and an ongoing positive relationship with customers."

Exclusive Webinar: Pivotree, Fluent Commerce and Psycho Bunny Offer Expert Advice on Responding to Disruptions in Supply Chain

Retrieved on: 
Tuesday, October 10, 2023

Embracing the New Status Quo in Supply Chain.

Key Points: 
  • Embracing the New Status Quo in Supply Chain.
  • View the full release here: https://www.businesswire.com/news/home/20231010904089/en/
    Exclusive Webinar: Pivotree, Fluent Commerce and Psycho Bunny Offer Expert Advice on Responding to Disruptions in Supply Chain (Graphic: Business Wire)
    Hosted by Pivotree in partnership with Fluent Commerce , the leading provider of distributed Order Management System (OMS), the webinar will include integrated systems experts, including: John Vurdelja , Global Head of Partner Success, Fluent Commerce, Keith Gorney , Enterprise Architect, Pivotree, and Monica Provenza Director, Omnichannel & Experience, at Psycho Bunny.
  • “In today’s retail supply chain landscape, businesses face relentless challenges that demand they adapt and evolve quickly,” says Keith Gorney , Enterprise Architect, Pivotree.
  • The good news is that by incorporating new supply chain technologies, they can take advantage of transformative outcomes.

Operative and DanAds Streamline Self-Service Sales Workflow for Publishers and Media Owners in the Cloud

Retrieved on: 
Monday, September 11, 2023

DanAds will provide a suite of self-service sales tools, including automated media planning, billing, reconciliation and proposal automation.

Key Points: 
  • DanAds will provide a suite of self-service sales tools, including automated media planning, billing, reconciliation and proposal automation.
  • Through their self-serve platforms, DanAds connects advertisers and publishers in an automated ecosystem, eliminating manual processes and unlocking the full potential of user data monetization.
  • In order to truly achieve convergence, publishers need to unify their advertising operations, and streamline workflow.
  • Together with DanAds, they are dedicated to propelling the industry forward, delivering unmatched solutions, and empowering advertisers and publishers to achieve unparalleled success.