Lightspeed, a leading provider of cloud-based, omnichannel commerce platforms, has announced the initial availability of the Lightspeed Supplier Network for North American retailers.
The launch of the fully integrated stock ordering solution transforms supply chain management for SMBs, democratising access to the strategic inventory visibility once reserved predominantly for enterprise retail and e-commerce giants as the global COVID-19 pandemic continues to place pressure on supply chains in 2021.
This direct integration between businesses and brands provides merchants with an automatically updating supplier catalogue system, easy order management tools and automated shipment handling directly within Lightspeed’s cloud-based platform.
Lightspeed’s Supplier Network enables SMBs to more easily adopt a demand-focused inventory model to remain nimble, placing independent businesses on equal footing with large chains while providing suppliers access to a ready-to-buy customer base and real-time sell-through data.