Fluent Commerce wins ‘Fulfillment Innovation of the Year’ award for cutting-edge inventory management solution.
Fluent Big Inventory, one of Fluent Commerce‘s solutions, tackles the problem of accurate, real-time inventory visibility across all channels and locations in a retailer’s operation. It swiftly optimizes enormous amounts of inventory data to deliver precise inventory information that lowers online out-of-stock situations, canceled orders, and overselling.
The solution is capable of processing hundreds of millions of inventory position updates quickly, thanks to its special handling of delta feeds which delivers unprecedented speed and scale. It allows businesses to send large batch updates; however, it only updates the modified inventory positions and leaves the others alone, making it faster.
Fluent Big Inventory both converts data and also evaluates it to determine the best course of action for processing. This intelligent processing makes real-time data synchronization possible. Key features include the ability to manage inventory processing, safety stock, segmentation, and more. Customers can more easily increase their fill rate and optimize inventory processing by processing the most important updates first, such as fast-moving items.
“Thank you to Retail Breakthrough for this honor that solidifies our mission to provide retailers and brands with the right inventory visibility solutions so they are positioned to win a share of the hundreds of billions of dollars in business that their competitors are leaving on the table,” said Graham Jackson, CEO of Fluent Commerce. “We are so proud to offer a product that makes it possible for retailers to keep their promises since trust is an important pillar of the consumer experience. Thanks to unified, accurate real-time inventory data, some of our customers have seen a 20% increase in revenue.”
The mission of the annual RetailTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top companies, services and solutions in the retail technology industry today. This year’s program attracted thousands of nominations from over 12 different countries throughout the world.
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