Unified commerce is a means to aggregate together all channels and sources of orders, of products, of inventory, and of fulfillment capabilities. It allows retailers and vendors to accept and process orders regardless of their source or original format using a centralised information hub.
In our experience, businesses who deal with small independent suppliers or Self-Employed Professionals (SEPs), ranging from gym instructors to cleaners, and everything in-between, can find it difficult to manage these relationships efficiently.
The omnichannel explosion has created enormous pressure on retailers to reduce inventory and cut carrying costs, while still offering high in-stock levels and product variety. Increasing numbers of retailers are consequently turning to consignment stock, also known as scan based trading, to stay competitive.