{"id":47507,"date":"2020-08-25T00:00:00","date_gmt":"2020-08-25T04:00:00","guid":{"rendered":"https:\/\/sticky-highjinx.flywheelsites.com\/uncategorized\/67-of-consumers-indicate-that-inventory-visibility-across-stores-online-and-mobile-is-an-important-service-to-offer\/"},"modified":"2024-06-03T10:37:00","modified_gmt":"2024-06-03T14:37:00","slug":"67-of-consumers-indicate-that-inventory-visibility-across-stores-online-and-mobile-is-an-important-service-to-offer","status":"publish","type":"post","link":"https:\/\/envistacorp.com\/en-au\/2020\/08\/25\/67-of-consumers-indicate-that-inventory-visibility-across-stores-online-and-mobile-is-an-important-service-to-offer\/","title":{"rendered":"67% of Consumers Indicate That Inventory Visibility Across Stores, Online, and Mobile is an Important Service to Offer"},"content":{"rendered":"Reading Time: <\/span> 3<\/span> minutes<\/span><\/span>

INDIANAPOLIS – In today\u2019s challenging market where supply, demand, and fulfilment variables are rapidly changing, retailers must continuously assess, adjust, and optimise their supply chains to reduce volatility, and improve agility and speed \u2013 all while continually balancing service and cost.<\/p>\n

Retailers must elevate supply chain capabilities to serve the needs of today’s consumers while increasing efficiencies, reducing costs, and continuing to improve the customer experience. According to enVista\u2019s 2020 Supply Chain Survey, as retailers evolve their supply chain to meet short- and long-term requirements, the top three challenges they are encountering are the need to balance increased e-commerce demand with store demand (34%), demand planning and forecasting<\/a> (33%), and improving efficiencies (30%).<\/p>\n

enVista CEO Jim Barnes said, \u201cWe are proud to partner with K\u00f6rber to provide the most comprehensive digital supply chain survey in the industry. The right digital supply chain strategy takes a holistic approach to optimise processes, technology, inventory, labor, and facilities. Advancing supply chain capabilities and control while leveraging next-generation, agile solutions remain imperatives for retailers\u2019 omnichannel transformation strategies and profitability. enVista is helping hundreds of retail brands rapidly optimise and transform both physical and digital commerce end-to-end, from source to consumption and from order capture through fulfilment. Our software and consulting solutions improve the customer experience, optimise omnichannel order orchestration and fulfilment, improve gross margin return on inventory investment (GMROI), and accelerate omnichannel profitability.\u201d<\/p>\n

\u201cToday\u2019s retailers\u2019 reputations rest on how well they can adapt to consumer demands \u2013 that means managing a wide variety orders delivered when, where and how their customers expect,\u201d said Bill Ryan, chief executive officer, North America for K\u04e7rber Supply Chain \u2013 Software. \u201cAt K\u04e7rber, we\u2019re dedicated to providing the software, automation technology and global team of experts, including partners like enVista, to assure retailers are empowered with the right solutions to conquer today\u2019s supply chain complexities and meet heightening consumer expectations.\u201d<\/p>\n

With today\u2019s immense challenges due to the COVID-19 pandemic disrupting and debilitating the traditional retail model, plus the extreme volatility in supply and demand experienced by so many omnichannel organisations, the need for an efficient and agile supply chain has become ever more apparent. A not only resilient, but optimised supply chain is imperative to success, directly impacting sales, customer service, brand loyalty, and competitive advantage. According to enVista\u2019s 2019 Consumer Study, consumers expectations include researching, purchasing and obtaining products wherever and however they desire as validated by these findings:<\/p>\n