OneView Integrates Powerful Inventory Management Capabilities, IBM Watson Commerce Insights #NRF17

Real-time inventory analytics make it easy to adjustinventory on the fly based on customer behaviors and demand, optimizing omnichannel sales and margins

NEW YORK and BOSTON—Jan. 16, 2017OneView Commerce (AIM:ONEV), the retail industry’sleader of digital transformation in the store, today announced that as part of itspartnership with IBM, the company has integrated its InventoryManagement solutionwith IBM’s Watson CommerceInsights.The integration provides retailers with real-time, actionable analyticsabout product performance, inventory availability, prices, and promotionsacross e-commerce and store channels. OneView made the announcement at the National RetailFederation’s (NRF) annual Big Show, taking place in NYC at theJacob Javits Center from Jan. 15-17. Attendees can experience the easy-to-use, data-richapplication firsthand in booth #1403.

“Real-time inventory visibility across theentire supply chain is critical to omnichannel success. It enables merchandisers,product managers, and marketers to meet changing customer behaviors and demandby nimbly managing and adjusting inventory levels and replenishment,” saidOneView Chief Operating Officer, LindaPalanza.“The biggest challenge has been store visibility of inventory in real-time asproduct is being sold. Retailers want to provide services such as click andcollect, yet prevent lost sales due to stock-outs.Real-time inventory is key to optimizing sales opportunities and margins since approximately two-thirds of shoppers who experience stock-outs taketheir business elsewhere or don’t buy at all.”

TheOneView-IBM Watson Commerce Insights integration allows retailers to interpretand act on changes in customer demand within a unified commerce experience. “Shoppers today seek out brands that canmeet their expectation for convenience, price and seamless experiences acrosschannels,” said Vice President, IBM Watson Commerce Solutions and Strategy,Steve Mello. “Together, OneView and IBM give online merchandisers thereal-time customer and business insight they need to predict and exceed shopperexpectations while also maximizing revenue and profit for the brand.”

Through the integration with IBM’s Watson CommerceInsights, OneView’s valuable real-time information is now expanded toinclude the full 360-degree view of stock, order, and inventory informationfrom all channels to facilitate quick, direct action that ensures timely orderfulfillment. OneView will now leveragethe powerful Commerce Insights capabilities to show key metrics such as fastestand slowest moving products by store or region, allowing for immediate actionand decisions about how price, promotion or goods movement can improve overall storeand retail operations.

About OneView Commerce

OneView Commerce is a pioneer in digital storetransformation, helping global retailers implement successful unified commercestrategies that center on the critical engagement in store. The company’scloud-based Digital Store Platform combines digital-ready point of sale, linebusting, and end-to-end unified commerce capabilities, with the ability tocapture and deliver the rich content from these store interactions across theretail enterprise. OneView enables the exchange of this powerful storeinformation to immediately impact sales, business operations and the customerexperience. Travis Perkins plc, Wickes, and Discount Tire Corporation are amongthe global retailers revolutionizing their stores with OneView Commerce. Formore information, visit @oneviewcommerce.

Other Point of Sale blogs of interest: