Retail Commerce
Order Management & Inventory Management for grocery
Today, despite the existing multiple POS solution providers in the market, grocery sellers are not able to easily manage their inventory in real-time, which is a necessity for digital trade. This can lead to the seller having lower order volumes which in turn can lead to a lower ROI and ultimately lead to the seller abandoning the digital medium altogether.
The reasons can be manifold like -
Lack of a mobile-friendly product (i.e. requiring a computer)
Vernacular language problem/Non-availability of alternate interfaces such as voice-based controls,
High SKU count, highly volatile inventory and highly dynamic environment in a grocery store, which can make it difficult to manage a POS,
Lack of reliable internet connectivity and
Lack of education/ awareness about the optimum use of a POS system. For a grocery seller to succeed online, having a system enabled to manage inventory and demand is critical and hence the solution should address these problems.
Build an order and inventory management system that enables grocery sellers to update their inventory, create a digital catalogue, provide demand estimation, and enable discounts. The system should also have one or more of the following features:
be simple and mobile-based
work without an active internet connection,
have support for voice controls or other alternative accessibility features,
have vernacular language support,
enable a seller to easily manage a high SKU count, volatile inventory and an environment with potentially less space,