OneView Group PLC Integration of IM capabilities with IBM solutions
16 January 2017 - 8:00PM
RNS Non-Regulatory
TIDMONEV
OneView Group PLC
16 January 2017
OneView Integrates Powerful Inventory Management Capabilities
with IBM Watson Commerce Insights
LONDON -Jan. 16, 2017-OneView Commerce (AIM: ONEV), the retail
industry's leader of digital transformation in the store, today
announces that as part of its partnership with IBM, the company has
integrated its Inventory Management solution with IBM's Watson
Commerce Insights. The integration provides retailers with
real-time, actionable analytics about product performance,
inventory availability, prices, and promotions across e-commerce
and store channels.
The OneView-IBM Watson Commerce Insights integration allows
retailers to interpret and act on changes in customer demand within
a unified commerce experience. Through the integration with IBM's
Watson Commerce Insights, OneView's valuable real-time information
is now expanded to include the full 360-degree view of stock,
order, and inventory information from all channels to facilitate
quick, direct action that ensures timely order fulfilment. OneView
will now leverage the powerful Commerce Insights capabilities to
show key metrics such as fastest and slowest moving products by
store or region, allowing for immediate action and decisions about
how price, promotion or goods movement can improve overall store
and retail operations.
Linda Palanza, Chief Operating Officer of OneView commented:
"Real-time inventory visibility across the entire supply chain
is critical to omnichannel success. It enables merchandisers,
product managers, and marketers to meet changing customer
behaviours and demand by nimbly managing and adjusting inventory
levels and replenishment.
The biggest challenge has been store visibility of inventory in
real-time as product is being sold. Retailers want to provide
services such as click and collect, 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 take their business elsewhere or
don't buy at all."
Steve Mello, Vice President of IBM Watson Commerce Solutions and
Strategy commented:
"Shoppers today seek out brands that can meet their expectation
for convenience, price and seamless experiences across channels.
Together, OneView and IBM give online merchandisers the real-time
customer and business insight they need to predict and exceed
shopper expectations while also maximizing revenue and profit for
the brand."
Further Details:
OneView Group plc Tel: 01634 673172
Stuart Mitchell, CEO
Linda Palanza, COO
Mark Wilson, Finance Director
finnCap Limited Tel: 020 7220 0500
Geoff Nash
Kate Bannatyne
Stephen Norcross (Broking)
Hybridan Tel: 020 3764 2341
Claire Noyce (Broking)
Newgate Communications Tel: 020 7653 9848
Bob Huxford
Lydia Thompson
About OneView Commerce
OneView Commerce is a pioneer in digital store transformation,
helping global retailers implement successful unified commerce
strategies that centre on the critical engagement in store. The
company's cloud-based Digital Store Platform combines digital-ready
point of sale, line busting, and end-to-end unified commerce
capabilities, with the ability to capture and deliver the rich
content from these store interactions across the retail enterprise.
OneView enables the exchange of this powerful store information to
immediately impact sales, business operations and the customer
experience. Travis Perkins plc, Wickes, and Discount Tire
Corporation are among the global retailers revolutionizing their
stores with OneView Commerce. For more information, visit
www.oneviewcommerce.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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