How Smart Retailers Use Data to Grow Profitably [Webinar]
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2 minutes
Click here to watch on-demand Webinar Data and analytics are the oil of the Internet Age. More and more retailers of all sizes are using data and analytics to improve operations and decision-making. Without this oil, it’s impossible to keep your retail engine running in the race with Amazon and Walmart. In fact, as of August 2017 over 6,300 2017 U.S retail store closings had been announced.
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I'm Interested in Saving Time and MoneyTo survive in this environment, retailers must analyze and manage against key performance indicators (KPIs) to continuously improve service levels, cut inventory costs, increase conversions, sales, average order values and much more. The good news for middle market merchants is that the data analysis capabilities they need are readily available. Not long ago, the required data and analytics were available only to much larger retailers.
Amazon + Walmart = Higher service levels + lower prices = Lower Margins
As a result, the retail landscape is changing at a meteoric pace. These companies have increased customer expectations and the cost of delighting consumers. At the same time, they’ve cut costs and continue to grow while maintaining razor thin margins. The impact? Extinction level events are happening thousands of times per year.
Watch our on-demand webinar, How Smart Retailers Use Data to Grow Profitability, to see how mid-market retailers like you can analyze your data and KPIs to increase sales, increase inventory turns, reduce working capital requirements and increase profitability.
This webinar, hosted by Pulse Commerce’s CEO, Manish Chowdhary, and Juno Active’s Jim Nekola, covers:
Important KPIs to track and improve:
- Sales KPIs
- Order and Inventory KPIs
Important levels of analysis
- Store and channel level KPIs and benchmarks
- Category, item and sku level KPIs
Critical decisions and their impacts
- Which products are driving growth and which are a drag on profits?
- Which items should be pruned from the catalog?
- Which items should we promote more aggressively?
Juno Active Case Study
- How a women’s plus size activewear retailer increases profits with KPI and data analytics
- Reports and KPIs for sales, orders and inventory
- Critical decisions
Watch it now for some pragmatic tips to help you get ahead of the competition.
Watch On-Demand Webinar
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The New Role of Order Management Software in Inventory Optimization, Customer Satisfaction and Profit Margins
According to Boston Retail Partners’ 2016 POS/Customer Engagement Survey, 85% of retailers indicate that unified commerce is a top priority.
Why? Customer expectations are increasing every day. For example, according to Forrester Research, 25% of online shoppers now expect to be able to buy online and pick up in stores (aka Click and Collect).
It’s becoming impossible to follow customers as they skip across sales channels, first researching online, then buying in a store, then calling a contact center for help – back and forth and back and forth.
Current systems can’t keep up. Most mid-market retailers are running one system for the Point of Sale (POS), another for inventory, another for ecommerce, and still another for warehouse management and fulfillment & shipping. Which one do we go to when the customer calls about an online order? What happens when the contact center rep is asked, “which store has the item in inventory?”
In real life? That contact center is logging in and out of one system after another, trying to figure out how to handle the issue.
Boston Retail Partners suggests that, to create a single unified platform using the systems already in place, the most important component is to add a middleware layer, Order Management Software, that connects the dots.
In our white paper, we outline the critical new role that order management software plays in:
- Optimizing inventory
- Improving customer satisfaction
- Increasing profits
It includes the compelling case study of a growing mid-market retailer that implemented an OMS to dramatically change the trajectory of their business on all 3 fronts – inventory management, customer satisfaction, and profits.
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I'm Interested in Saving Time and MoneyDownload it now to learn why mid-market retailers are turning to Order Management Software to optimize inventory, improve customer satisfaction & increase profits.
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Omnichannel Insights: 3 Retailers Who Are Getting it Right
Multichannel commerce has been around for the better part of a century. Sears opened its first store in 1925, almost 40 years after it first launched it’s mail order catalog.
Retail Holy Grail
Omnichannel has become the new holy grail of retail. While many have defined the term, we like the way Tech Target | SearchCIO describes it:
Omnichannel is a multichannel approach to sales that seeks to provide the customer with a seamless shopping experience, whether the customer is shopping online from a desktop or mobile device, by telephone or in a brick and mortar store.
Before diving in, let’s explain what omnichannel experiences are not by using our work lives as an example. At work, we use multiple touch points to communicate with colleagues.
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I'm Interested in Saving Time and MoneyCustomer Frustration
Imagine if the following situation was routine:
- Touch point 1 – In Person: You meet with a colleague and ask him to do a small, half-hour project.
- Touch point 2 – Email: You send an email the next morning checking on status, and he has no recollection of your in person conversation! So, you ask again, this time in email. He replies that it’s no problem. He’ll have it for you tomorrow.
- Touch point 3 – Telephone: The third day, you call the colleague on the phone, you guessed it; he has no memory of either the in-person request or the email exchange.
It’s as if he’s 3 different people – the in-person colleague, the email colleague and the telephone colleague.
Wouldn’t you be furious?
That’s how customers feel when shopping with multichannel retailers that haven’t figured out how to put the customer first.
- Online – She does her research online, and even saves an item to the shopping cart.
- Store – She goes to the store to buy the item, but the item is not in stock.
- Mobile Device – She decides to order it from her mobile device, but has to start over, because the cart on her computer wasn’t saved.
- Contact Center – Immediately after she orders she realizes she ordered the wrong color, and calls the contact center for help. But they have no visibility into her online orders. Instead of changing the order, the item will be shipped, and she’ll have to return it.
It’s like that colleague. The shopper remembers everything. The retailer seems to be 4 different companies, each with it’s own separate memory.
Omnichannel retailers wrap their operations around their customers, “remembering” their interactions, regardless of whether they were online, in the store, speaking with the contact center, or on a mobile device.
Who’s got it?
Following are some great examples of omnichannel retailers who are putting customers first:

Category: Sporting Goods and Outdoor Gear
REI is a Seattle-based sporting goods and outdoor gear retailer that serves people who are passionate about outdoor activities – camping, fishing, hiking, biking and more. Their customers often need what they’re seeking – pronto. For tomorrow’s trip. Or today’s!
REI helps its customers find the items they need at the nearest store with the greatest of ease. Something its my-next-adventure-is-tomorrow customers appreciate.
For example, a Manhattan-based mountaineering enthusiast (they really do exist) is sizing up her equipment for tomorrow’s adventure, and she realizes she needs a Crevasse Rescue Pulley. Is it game over? She finds one on REI’s website, clicks on find it in a store, enters her zip code, and boom! It’s available in a nearby store.
Disaster averted at every step!
This is no small feat. Companywide inventory is available to anyone who is interested in seeing it – across channels – enabling REI customers to find what they need, where they need it, and when they need it.
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Category: Fashion Retailer (UK)
Oasis is a UK-based fashion retailer with a multilingual ecommerce website and dozens of retail stores across Europe and Asia. While REI has enriched the online experience with store information, Oasis has enriched the store experience with its online capabilities.
Oasis arms its team members with tablets that are loaded with real-time product and inventory information. Associates can provide instant product details. And, if an item isn’t in stock, sales people have real-time inventory data at their fingertips, so they can direct the customer to another store, ship from another store, or ship from a warehouse. The customer is treated like royalty, and loyalty grows with every touch point.
And the checkout line is wherever the customer is. And every customer is almost always first in line! Store associates ring up purchases on their tablets too. Want to use PayPal? No problem! Customers can pay with their mobile phones too.
Every touch point is designed to help the customer effortlessly enjoy the shopping experience, browse and find, have questions answered, and ultimately enjoy a delightful shopping excursion. It’s all possible because the online world, and the behind-the-scenes order and inventory management world, is in team members’ hands on a moment’s notice.

Category: Home Furnishings
If you’re a home furnishings retailer, the wedding registry is a great way to build everlasting customer relationships. The volume of customer touch points is immense:
- Newlyweds and their guests
- Registry gift selection, gift purchases and customer exchanges
- In stores, online and on mobile devices
Crate and Barrel marries the online and offline worlds to create a unified experience for gift-ers and gift-ees. The gift registry is available to the newlyweds wherever and whenever they are — in the store, online and on their mobile devices. They can instantly pick up where they left off, shifting from the computer screen, to their phone, to the store.
For Crate and Barrel customers, the online and offline worlds are a match made in heaven.
Closing Thoughts
REI, Oasis, and Crate and Barrel are delighting customers by staying next to them throughout their shopping journeys — from researching online, to shopping in stores, and reviewing orders on mobile devices.
Scaling Made Easy: Calis Books’ Fulfillment Journey
Learn how Calis Books expanded nationwide, reduced errors, grew sales while cutting headcount, and saved BIG with Cahoot
See Scale JourneyThe good news for multi-channel merchants, including growing mid-market retailers, is that these capabilities are not just reserved for enterprise retailers like Crate and Barrel. With today’s advances in cloud-based commerce technologies, omnichannel experiences are available for retailers of all sizes.
If you’re getting ready to take the plunge, our whitepaper, “The Experts Guide: Unified Commerce Vs. Separate Systems,” is a great tool to help you start planning.
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Which OMS is Best for Me? Home Grown, On-Premise, or SaaS?
SaaS solutions are the darlings of the tech community, growing at the direct expense of premise-based software. This is certainly true for Order Management Systems (OMS). Yet premise-based solutions still make up half of the OMS market. And some companies are still building their own homegrown solutions.
Why?
There are good reasons for each. And we’ve recently published a white paper that can help you decide which approach makes the most sense for your organization. It’s titled, “Home Grown, On-Premise, or SaaS: Which OMS is Best for Me?”
The right choice between build vs. buy, or between a SaaS and a premise-based solution, depends on the needs and capabilities of each individual business.
Answering a handful of questions can help a mid-market merchant decide which approach is best for their business:
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I'm Interested in Saving Time and MoneyBuild vs. Buy
- Does my company have unique, differentiating needs that are not supported by off-the-shelf OMS solutions? Can they be supported with customization?
- Is software development a core differentiator for our business? Is it an area in which we can afford to focus?
SaaS vs Premise-Based
- How much customization makes sense for my company? Are we customizing our OMS to meet unique needs? Or are we customizing to make up for a lack of basic core infrastructure?
- How strong is our data center? Can we match the enterprise strength data centers of a SaaS provider? Is that a cost we want to manage on our own?
The answers usually depend on a company’s size.
- SaaS is typically best for mid-market merchants that don’t yet have the scale to manage a state-of-the-art data center and differentiate based on their product selection, pricing, merchandising, and service – not on their technology.
- Premise-based solutions, more easily customizable, yet more expensive to manage, are more appropriate for larger companies, in the $500mm+ revenue range. These retailers have more complex infrastructure, have more custom needs, and have the scale to manage a top-notch data center.
- Homegrown solutions, even for the largest merchants, must be core to their differentiation. The expense of building software that others have already built for a large audience, must be justified by a significant bottom line opportunity.
You can learn much more by downloading our whitepaper, “Home Grown, On-Premise, or SaaS: Which OMS is Best for Me?” Whether you’re going to build, buy an on-premise solution, or rent a cloud-based solution, our can help you decide which features to include in your requirements.
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Echo Global Logistics Integration Delivers Exceptional Productivity and Savings on LTL Shipments for Eurotec Seating
- Multi-carrier rate quotes
- Quote selection and shipment generation
- Echo bill of lading (BOL) and shipping label printing
- Freight carrier rate calculation and shipment selection
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I'm Interested in Saving Time and Money- Lift-gate
- Inside delivery
- Residential options (e.g. limited access, notification prior to delivery)
- Construction Site
- Trade Show
- Residential
- Business
- Inside Pickup
- Hazardous Material
- Lift-Gate
- Single Shipment
- Freeze Protection requirements
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Get My Free 3PL RFPPulse Commerce and Echo Global Logistics have simplified a complex process
Pulse Commerce and Echo Global Logistics have simplified a complex process for distributors, wholesalers, retailers and their customers. It’s a great example of how technology innovation can improve productivity for every stakeholder:- More accurate rates for merchants and consumers
- Higher productivity and fewer errors
- More satisfied consumers
- Higher brand loyalty and margins
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Pulse Commerce CEO to Speak at 2017 Annual Tech CEO Forum
Manish Chowdhary, CEO of Bridgeport, CT-based Pulse Commerce, will be a featured speaker at the Connecticut Technology Council’s 2017 Annual Tech CEO Forum on June 8th in Madison, CT.
This year’s theme is “The Digital Transition: Improving Revenue, Growth and Customer Engagement.” Mr. Chowdhary will be speaking in a panel discussion, and will be joined by Mark Casali, cofounder of Synapse SEM and Johnny Dranchak, CTO of CoreTech App Studio at GE. And Paul Gulbin, Practice Leader of Digital & Innovation Services at CohnReznick. Steve Jackson, a partner at CohnReznick, will moderate the panel.
Mr. Chowdhary brings a wealth of knowledge about Digital Transition to the forum, with deep expertise in B2C and B2B digital operations and marketing. Pulse Commerce’s cloud-based Enterprise Order and Inventory Platform empowers retail leaders with unprecedented visibility and control of inventory, orders and customers. The solution acts as the central nervous system of clients’ commerce operations across all channels – online, stores, contact centers and more. With Pulse Commerce, merchants turn orders around faster, increase inventory turns, and provide faster, more effective customer support.
“Given our pivotal role in helping mid-market merchants improve sales across all channels we have a birds-eye view of the digital challenges facing merchants. We are on the forefront of delivering digital capabilities to help them win against larger competitors with deeper pockets,” said Manish Chowdhary, CEO.
Pulse Commerce also employs the most modern B2B digital marketing techniques to cultivate new software customer relationships. The marketing team is larger than the sum of its parts, driven by the company’s embrace of the latest marketing technologies.
Mr. Chowdhary added, “I’m looking forward to joining my Connecticut-based CEO peers, helping each other spark innovation and improve our competitiveness in our respective markets. The Connecticut tech ecosystem has been a great supporter of ours, and I’m thankful to have an opportunity to give back to the community.”
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GoECart Announces Rebrand and Name Change to Pulse Commerce
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Pulse Commerce Arms Mid-Market Retailers With Innovative Order & Inventory Platform
Bridgeport, CT – June 6, 2017 – GoECart, the leading enterprise order & inventory management platform for mid-market merchants, today unveiled its corporate rebranding right in time for the IRCE trade show in Chicago. Going forward, the company will be called Pulse Commerce, reflecting its mission to level the omnichannel playing field for merchants.
The company chose “Pulse Commerce” to reflect its role in delivering a real-time enterprise-wide perspective, or pulse, on a merchant’s commerce operations across all channels. The new name supports the company’s mission, which is to breathe more life into mid-market merchants’ abilities to compete with, and win against, the world’s largest retailers.
Retailers are facing threats in every direction. B2C and B2B merchants are under attack from Amazon; Wal-Mart has decimated Main Street. Brick-and-mortar stores are closing at an epic pace. According to Credit Suisse, the retail industry could suffer far more store closures this year than ever before. In this environment mid-market retailers, with revenues in the $10mm to $500mm range, are getting squeezed from all sides.
Meanwhile, consumers are demanding to be served in ways unimaginable just 10 years ago. Shoppers expect to buy anywhere; pick up anywhere; and return anywhere, all with free and fast shipping. Shoppers want personalized fulfillment options, such as purchase online, choose the arrival date, modify the order via a contact center, and return the item at a store. Or pick up at one store and return at another.
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I'm Interested in Saving Time and MoneyWith margins tight, or even negative, retailers are squeezing pennies out of fulfillment and shipping, via intelligent order management, automatically choosing to ship from the fulfillment center or store closest to the consumer.
The scenarios retailers must address are boundless. And it’s VERY expensive to service the modern empowered customer.
Meanwhile, the traditional Order Management System (OMS) vendors, which enable these complex capabilities, offer 7-figure starting contracts combined with long and risky implementation cycles. The popular enterprise providers are focused on serving the top 100 retailers in the fight against Amazon, but are leaving thousands of large, but not-large-enough, companies behind.
Enter Pulse Commerce
“We are changing the game, with our modern Order & Inventory Platform that has been purpose-built for the mid-market,” said Manish Chowdhary, Founder & CEO of Pulse Commerce. “Our cloud-based platform, equipped with rich out of the box functionality, powerful APIs and revolutionary usability, serves as the central nervous system of our clients’ commerce operations, giving a complete 360 view of all orders, customers, inventory, products, pricing and promotions across every sales and fulfillment channel at all customer touchpoints. We see Pulse Commerce as a champion for underserved mid-market retailers in the midst of ruthless competition. Our offering is designed to support growth for these retailers and can scale as their businesses grow. This provides higher ROI on their technology investment over time.”
Pulse Commerce’s cloud Order and Inventory Platform creates immediate value by leveraging investments most merchants have already made in ERP, Warehouse Management, POS and front-end ecommerce systems. The OMS builds a real-time, enterprise-wide view of all orders, inventory, product catalog, promotions and customers. Detailed customer histories with deep data-driven insights are readily available to all employees to radically improve customer engagement and the brand experience, critical to protecting customer loyalty and profits.
With Pulse Commerce, a merchant can easily benchmark and track each step of their operations from order-to-cash without employing an army of data scientists, quickly identify bottlenecks and take corrective actions with confidence. More efficient workflows result in smoother and leaner operations for the merchants and happier customers. CFO satisfaction increases too, with higher inventory turns, fewer returns due to inaccurate orders, and lower shipping costs enabled by intelligent order routing. Everybody wins.
With Pulse Commerce, retailers can improve order accuracy up to 80%, reduce order processing time up to 25%, and optimize operational costs, leading to margin improvement of up to 20%.
Manish Chowdhary added, “Our innovative software architecture and solutions provide our clients with unprecedented visibility into their operations, and is deployed in a fraction of the time of the nearest alternatives. There’s nothing more satisfying than helping a David hold its own against a thousand Goliaths! We invite all growth-minded merchants to come talk to us about industry best practices and explore how we can improve their business performance.”
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Get My Free 3PL RFPAbout Pulse Commerce
Pulse Commerce is the leading cloud platform for enterprise order & inventory management empowering retail leaders with unprecedented visibility and control of inventory, orders and customers. Retailers, such as Badgley Mischka, Hanesbrands Inc., and Goode Company rely on Pulse Commerce to improve order turnaround, increase customer satisfaction, and optimize inventory control and fulfillment costs. To learn more about how Pulse Commerce can increase your business performance by 20% or more, please visit www.pulse-commerce.com or follow @PulseCommerce on Twitter.
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Headed to IRCE Chicago (June 6-9)?
Pulse Commerce brand officially launches at IRCE 2017 (Internet Retailer Conference & Exhibition) in Chicago. Please visit Booth #506 and let us show you how Pulse Commerce Order and Inventory Platform can significantly improve your customer satisfaction and extract more profitability out of every order regardless of channel.
We look forward to meeting you at IRCE 2017!
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I'm Interested in Saving Time and MoneyIRCE: The Retail Industry’s Leading E-Commerce Conference and Tradeshow
E-Commerce is evolving faster than ever. Internet Retailer Conference & Exhibition (IRCE) provides you with a conference full of industry experts, an exhibit hall filled with the latest and greatest solution providers, and a community made for networking with thousands of like-minded industry peers. IRCE 2017 will take place in the world-class city of Chicago, June 6-9, at McCormick Place West.
Discover the Latest Trends in Online Commerce in Chicago
The agenda presented at IRCE has the unique advantage of being curated by the expert editorial staff at Internet Retailer magazine. Internet Retailer magazine focuses their content on all things e-commerce, including online retail strategies, the latest in online commerce trends, and interviews with top industry leaders. The editors hand-select each speaker to ensure the sessions are timely and address challenges faced by real businesses. With sessions focusing on new trends in retail marketing to new SEO techniques, this retail conference covers the gamut of business needs with 200+ speakers and 130+ conference sessions.
Offering More to Online Retailers than Any Event in the Industry
The curated IRCE agenda offers many diverse options, providing something for every business selling online. You’ll hear from 200+ expert speakers, including the largest online retailers as well as e-commerce entrepreneurs, who are leading e-commerce industry trends and driving new marketing strategies for their business.
Dive into E-Commerce Trends with Dedicated Workshops and Tracks
The agenda structure offers two full conference days with various tracks, and an additional two days pre- and post-conference dedicated to in-depth workshops. These day-long workshops take the audience through multiple sessions of insight and information. Attendees leave the sessions with actionable solutions they can immediately implement into their daily business. The 2017 agenda is constantly being updated to reflect the latest trends and new technology in the industry, so check back often for updates.
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