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Leverage Integrated Retail Management Technology to Enhance Omnichannel Strategy

June 17, 2019
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Connect every step of the omnichannel retail path-to-purchase with integrated retail management technology. Pairing Runit’s integrated inventory management and point-of-sale (POS) system with an omnichannel integration and streamlined fulfillment platform will ensure that retailers are able to meet customers’ demands quickly.

Streamline operations using best-in-breed and compatible platforms to handle retail management, online sales, and order fulfillment.

Grow Retail Sales with Integrated Systems

An integrated omnichannel retail system facilitates business growth for retailers. Customers who have the same experience across channels are more likely to complete purchases. In addition, shoppers who buy from a business both in-store and online have a 30 percent higher lifetime value than those who only use one channel.¹ Integration of inventory management, POS, and automated fulfillment technology enables brands to manage multiple store locations seamlessly, guaranteeing each is properly stocked and can fulfill online orders as they come in. A simplified and streamlined purchase process can lead to customer loyalty and greater revenues.

Improve Customer Experience with Omnichannel Retail

Omnichannel retail fosters brand loyalty with a unified customer experience across online and offline channels. Using technology to link the online and in-store shopping experiences paves the way for retailers to consider buy online, pick up in-store (BOPIS) as a purchase option to give consumers the convenience they crave. 70 percent of shoppers or nearly three out of every four have used BOPIS as their delivery method for purchases.1 Customers will favor retailers that provide convenience, ultimately leading to improvements in retention rates.

Optimize Order Fulfillment Across Channels

Retailers now have the necessary tools to optimize order fulfillment across channels. The cloud-based technology will give managers the ability to check inventory levels in real-time to ensure orders are fulfilled accurately and efficiently. Additionally, geo-routing and fulfillment automation guarantee the lowest shipping rates from multiple carriers, saving retailers and customers money.

Companies of all sizes from SMBs to enterprises will benefit from this modern solution. Expedited order fulfillment, improved inventory management, and streamlined checkout processes will improve the customer experience and result in business growth.

Runit RealTime, combined with SQQUID, provides real-time inventory management, POS, geo-routing, fulfillment automation, and drop shipping services to help retailers increase efficiency and ultimately their bottom line, while decreasing required labor.

Please visit our SQQUID omnichannel integration page to learn more about this partnership that will set the foundation for your business’ success in the years to come.

 


Sources

¹https://www.invespcro.com/blog/state-of-omnichannel-shopping/