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INVENTORY VISIBILITY
We make inventory visibility your competitive advantage by optimally connecting your two biggest assets – your inventory and your customer.
enVista’s omnichannel order management system (OMS) provides visibility to where inventory is located across your enterprise, including stores, distribution centers (DCs)/warehouses, suppliers (dropship) and third-party logistics providers (3PLs) to optimally route and fulfill orders with customized rules that balance customer service, fulfillment speed and cost.
enVista’s functionally rich order management system delivers the inventory level visibility required to unify commerce and meet customer expectations.
Inventory visibility across the supply chain is key to delivering exceptional consumer experiences and enabling buy, fulfill, track and return anywhere commerce. Let improved inventory visibility take your company to the next step.
Create more sales opportunities and instill customer confidence by allowing consumers to view real-time stock levels on hand across your enterprise.
Empower store and customer care associates to source inventory and place orders at the time of demand with accurate inventory visibility, improving customer engagement and service.
Use store inventory to fulfill increasing ecommerce orders, increasing efficiency.
Strategically leverage dropshipping solutions to increase inventory assortment without taking on added capital expenditure.
Reduce inventory waste and item markdowns throughout your enterprise with improved inventory visibility.
Meet demand and deliver the fulfillment experience your customers want and expect. enVista’s omnichannel OMS delivers the inventory requisite to stand up and scale omnichannel fulfillment options
Reduce delivery time and costs by utilizing store inventory to fulfill ecommerce orders and drive customer satisfaction.
Create a competitive differentiation and increase sales by expanding the breadth and reach of your product offerings with better delivery speeds.
Our end-to-end commerce and supply chain management solutions expertise offers our customers the unmatched retail domain expertise necessary to bridge digital and physical commerce.
Inventory visibility refers to a company’s ability to view, track and monitor inventory in real-time throughout the supply chain. It allows organizations to understand the type and quantity of inventory stored at a warehouse or fulfillment center, located in a store or in-transit at any given time.
With an increased need for fulfillment speed and accuracy, inventory visibility is important to improve supply chain velocity, enhance fulfillment operations, increase efficiency and exceed customer demand. The benefits of improved inventory visibility include:
1. Operation efficiency
The more automated your inventory visibility process becomes, the more labor hours you save, allowing you to allocate your resources to other important tasks.
2. Better quality control
Inventory visibility is primarily used to determine how much and what inventory is located at any step along the supply chain. However, it also allows industries with strict regulations, such as grocery or pharmaceuticals, to better track products from point to point.
Inventory tracking and visibility are especially important in the case of a recall, when products must be quickly tracked down and pulled out of market before causing damage.
3. Improved forecasting and predictability
One of the main benefits of inventory visibility is that it provides accurate information to help companies improve their demand forecasting and understand how current inventory levels reconcile with expected consumer demand. This customized data allows for fewer stockouts and better inventory optimization and replenishment.
4. Better resource allocation
Inventory is often a company’s largest expense. Each product represents a portion of company money that is tied up on a shelf in a warehouse or DC. Companies should strive to have the lowest possible amounts of inventory available while still meeting consumer demand. This frees capital to put towards other goals, such as growing the business, but it can be a delicate balance to maintain as companies want to ensure they meet customer demands. Inventory visibility provides the information needed to maintain this inventory control balance and maximize company profits.
Tracking inventory manually can be time-consuming and prone to human error. Unless your organization is extremely small with limited operations, you will likely want to invest in a solution to manage your inventory. An order management system helps to automate the inventory management process, allowing you to see everything on one single platform. This gives you insight into your real-time inventory numbers any time you need them, setting you up to maximize GMROI by reducing inventory carrying costs and minimizing safety stock.
enVista is well positioned to continue their growth... we believe they will continue to be even more disruptive against some of the more established vendors they compete with.
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enVista’s Unified Commerce Platform & order management system (OMS) was recently acquired by Körber—the leading supply chain software provider. Learn more about the acquisition and get in touch with the team to see how these solutions can help your business.
