GreyOrange, a robotics and warehouse automation company, has launched a new application for retail inventory management.
The software-as-a-service mobile app “transforms stores into personalized, technology-enabled experience centers and online fulfillment centers using in-store inventory,” GreyOrange claims.
Retailers know they need to harmonize digital and physical experiences in their stores, but struggle to find a quick and easy way to do it.
GreyOrange says its gStore app addresses this need by creating personalized, technology-enabled store experiences while using in-store inventory to fulfill online orders.
GreyOrange has brought its AI innovation into an intuitive app for store managers and associates that can be implemented in as little as two weeks with low upfront costs.
Retailers can use gStore to improve in-store inventory location and count accuracy, as well as optimize how their stores serve in omnichannel distribution networks, while delivering exceptional technology-enabled personalized experiences for consumers. in-store shoppers.
gStore improves both in-store and online sales as well as in-store efficiency. Higher online sales conversion rates result from the increased same-day and next-day delivery promises retailers can make by using in-store inventory to fulfill online orders.
Fulfilling orders through in-store pickup options or shipping from stores close to customers reduces shipping and transportation costs.
In stores, retailers can accelerate inventory turns and avoid discounts and stock-outs with real-time information on inventory position, store traffic patterns, top sellers, trending items, restocking needs and digital tips that help shoppers style and locate coordinating items.
gStore is debuting at the Retail Industry Leaders Association (RILA) LINK 2022 Retail Supply Chain Conference February 20-23 in Dallas, Texas, Booth #1329.
Akash Gupta, co-founder and CTO of GreyOrange, will be on hand to help merchants discover the benefits of gStore. gStore will also be noted in Creating customer-centric execution: 3 lessons from H&MMonday, February 21 from 1:45 p.m. to 2:30 p.m. in Salle Grapevine D.
“We agree with Gartner’s research that ‘the digital enterprise battle is clearly being fought and won through the digital transformation of physical stores,'” Gupta says, citing Gartner’s research. Introduction to Digital Transformation and Retail Innovation for 2022published on February 4, 2022 by Kelsie Marian, Gartner Retail Senior Director Analyst.
“With gStore, we’ve put the future of stores in an app,” says Gupta. “Working with store operators, we realized they were juggling between five and six apps to get the day’s work done. gStore eliminates that problem.
“It works with existing retail systems to organize real-time inventory and order data and to orchestrate work processes that serve shoppers in-store as well as online fulfillment. It’s intuitive and mobile-friendly. , and puts everything for the workday at the store associate’s fingertips. Cloud-based, AI-powered software assigns and directs work in real time based on many variables.”
gStore supports Android and iOS platforms. It includes a tablet-based store operations app for store and area managers that provides a real-time view of inventory, omnichannel tasks, and main store activities.
It provides a smartphone app for store associates to perform back-end in-store operations such as restocking, omnichannel order fulfillment, managing in-store pickups, and walk-in customer support.
It enables them to respond immediately to customer needs by giving them real-time access to inventory across all channels, allowing them to quickly locate items on the sales floor, in the back room or in other stores nearby. It can be deployed across multiple stores to give retailers and customers a single view of in-store inventory.
A critical capability of the gStore backend is the ability to easily integrate and act on real-time data from IoT devices such as overhead RFID readers, digital tags, overhead cameras, and mirrors. smart. gStore also easily integrates data from existing retail systems to improve day-to-day work and inventory decisions in stores.
Pricing for software as a gStore subscription service is designed to scale seamlessly and is based on the number of users served, and requires minimal upfront investment. Deployments can take as little as two weeks, depending on factors such as the number of stores, items, and users.
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