Infor, a provider of industry-specific cloud applications, has unveiled Networked Order Management, leveraging the platform provider’s GT Nexus Commerce Network. The solution is designed to help brands and retailers improve omnichannel shopping experiences by enabling a networked approach to order management.
With Networked Order Management, retailers can:
- Provide customers with more complex buying options within a single transaction;
- Share the same UX that other Infor in-store products use for point of sale, clienteling and store inventory management;
- Reduce out-of-stocks, save the sale, and shorten delivery lead times; and
- Reduce the cost and complexity experienced with legacy distributed order management systems.
The Infor AI platform, Coleman, will leverage the new solution and determine how best to manage fulfillment options at scale for retailers. For example, if limited inventory exists, the solution is designed to allocate available products first to customers, or to support the acquisition of new customers and markets.
Advertisement
Additionally, the Infor Product Configuration solution will integrate with Networked Order Management, enabling customers to create their own unique products and express themselves while potentially increasing e-Commerce conversion rates, revenue per order and brand loyalty.
