Retailgear Value Network Now Available to Retail Industry

NEW YORK - May 24, 2022 - PRLog -- With their new software, Retailgear offers collaboration opportunities to the retail industry. Retailers operating in the same industry will have the opportunity to join a value network. In this industry system, every company works in the same product database. With this, Retailgear makes it possible for retailers to collaborate more intensively with suppliers in the field of inventory management and sales.

Expansion after successful case study
In recent years, the software has proven itself in the jewelry industry. Brand product information is shared with physical stores in the central database. This allows retailers to easily add the products to their POS system and display them directly on their webshop. If the product is sold, it is automatically removed from the webshop. In addition, the retailer can share its stock and sales data with the relevant supplier in real time. This opens up new possibilities for jointly serving the consumer better and increasing efficiency in the chain.

Therefore, the solution is now also available for other niche markets. Within a few days, a central system can be set up per sector. Industry-specific product properties can easily be set via an admin portal. Each supplier then gets access to its own dashboard to easily integrate with the dealer network.

In addition, every retailer has direct access to an automatic web shop link to the stock management system. The current POS system can be integrated or the standard POS system can be used. Learn more at https://www.retailgear.com

Communication and collaboration automation
Physical stores have been under pressure for some years now due to the shift to online. Many retailers need a complete, affordable solution to combine online and offline. Most want to continue to focus on the offline experience. Also because online a price fight is going on. This offers opportunities to collaborate online in the field of marketing and sales.

With Retailgear's new platform, brands and retailers can focus on the automation of communication and collaboration. Consider, for example, outsourcing stock management to the supplier with automatic orders based on sales and minimum stock.

The chain can also easily integrate with the software in the field of aftersales. When a retailer receives a new service request from a consumer, it is also directly in the system of the relevant supplier. This allows for a faster response with parts and also shortens the reaction time.

From value chain to value network
Retailgear now provides the engine for retailers and suppliers to connect with each other. Shared processes are automated, while each party retains its independence and can continue to distinguish itself from the competition. Read more about the possibilities of the new value network for your industry on https://www.retailgear.com/value-network