Page 1 of 1

Order directly from suppliers without leaving your point of sale with the Supplier Marketplace

Posted: Sun Dec 22, 2024 8:53 am
by shahriya699
With the launch of the Supplier Marketplace, Lightspeed became the first commerce platform to connect small and medium-sized businesses directly with industry-leading suppliers.

The events of 2020 have highlighted how important it is now more than ever for SMBs to have access to innovative solutions that help them meet the challenges they face. That’s why we’re excited to launch Lightspeed’s Supplier Marketplace , a fully integrated inventory ordering solution that connects merchants with industry-leading suppliers directly from their point of sale. No more third-party tools, external sites, and additional ordering fees – Supplier Marketplace is a comprehensive solution that aims to help SMBs make their supply chain as efficient as possible.

Supplier Marketplace connects merchants to an up-to-date supplier catalog system, easy-to-use order management tools, and automated shipping. With Lightspeed’s Supplier Marketplace in their point of sale, retailers can manage all of their inventory tasks—from organizing to buying to selling—from one system: Lightspeed.

For suppliers, this means a ready-to-buy customer base with easy access to their catalogs. Lightspeed’s Supplier Marketplace creates a network effect where merchants and suppliers refer to each other to grow their sales channels.

Here's how it works.

Improved supply chain visibility and more efficient merchandise management
The Supplier Marketplace connects merchants directly to integrated germany whatsapp number supplier catalogs. This means that without leaving their Lightspeed POS, a retailer can search for products and see exactly what suppliers are currently offering, speeding up the inventory planning process.

In a competitive environment like retail, data entry hours can delay the placement of merchandise in store and online.

So we decided to make this process easier by adding an import button on products found in supplier catalogs with the Supplier Marketplace . With one click, retailers can add the products they order to their inventory, importing high-quality product images and detailed supplier information.

Image

Truly Integrated Inventory Purchasing
Small and medium-sized businesses can better compete with big box stores when they have access to an efficient supply chain. Lightspeed’s Supplier Marketplace provides just that by allowing merchants and suppliers to share supply chain information.

When it comes to ordering, this means merchants have the advantage of knowing exactly which suppliers currently carry the products they need to order. Beyond simply making product discovery easier, this means shipments are more likely to be accurate more often – the merchant can see which suppliers have the products they need and order directly accordingly.

The Supplier Marketplace aims to give merchants the tools they need to improve their supply chain. And that includes automation: every time a supplier submits a merchant’s order, purchase orders are automatically created in Lightspeed.

Integrated merchandise purchasing shortens the receiving cycle and gets items to the point of sale faster. Ultimately, this means fewer stockouts and more sales.