Lightspeed inventory management7/30/2023 Lightspeed acquired NuORDER in 2021.įor more information, see About Lightspeed Today, more than 3,000 brands and more than 100,000 retailers use NuORDER by Lightspeed to streamline the wholesale buying and selling process. The platform includes virtual showroom technology, visual assortment and merchandising tools, and integrated payments solutions. NuORDER by Lightspeed is a leading B2B platform powering commerce and discovery for the world’s best brands and retailers. To learn more about how to empower your team with time saving tools that enable them to visualize, collaborate, and build better assortments, click here. Now, brands can transform their planning process, gain valuable insights, and drive more efficient and profitable assortments.” NuORDER Assortments is our first solution that streamlines the direct-to-consumer retailing process, expanding our product offering to revolutionize the way brands merchandise their own stores. “To date, the NuORDER by Lightspeed product offering has focused on developing innovative technology to streamline the wholesale buying and selling process. “We are thrilled to introduce NuORDER Assortments to the market,” added Wells. Robust ERP and backend integrations feed up-to-date product data into the platform. Boost Productivity: Spend less time on manual data entry.Streamline Product Allocation: Use pre-set size curves and bulk distribution to more accurately allocate products across stores.Improve Internal Collaboration: Buying, planning, and allocation teams can share and edit assortments in real-time.Roll-up and review plans by store or any product attribute. Identify & Fill Merchandising Gaps: Conduct visual style-outs with increased visibility.The tool has replaced all manual processes and has become essential to our buying process.” The tool has improved collaboration between the merchandising and planning teams, they are now able to analyze and pull live data throughout the writing process. “We now get an immediate visual of the assortment thus making it much easier to analyze and review. “Implementing NuORDER Assortments meant more accurate roll ups and a clear process to write smarter buys,” said Stephanie Gin, Director of Buying, Brunello Cucinelli. Early adopters of the solution have reported a 55% reduction in time spent on fixing errors, a 40% reduction in time spent on sizing, and an impressive 60% reduction in time spent on manual data entry. NuORDER Assortments offers tangible benefits to brands that own and operate their own retail locations, streamlining the pre-season assortment planning process and leading to significant time savings. This advertisement has not loaded yet, but your article continues below.
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