Working with marquee brands like Coach, rag & bone, and Citizens of Humanity, Lightspeed accelerates its mission to connect brands, stores and consumers under a unified network
Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, is revolutionizing the modern retail ecosystem by bridging the merchant and brand experience to aid in addressing supply chain challenges in the industry. The NuORDER by Lightspeed platform utilized by The Bay and other mega-retailers as well as household-name brands like Coach, rag & bone, and Citizens of Humanity, will empower merchants and consumers to avoid future delays in the “last mile” of global supply chains – where the right products need to be available, for the right customers, at the right time.
The NuORDER by Lightspeed platform directly connects buyers and brands with its user-friendly and elegant interface to help retail buyers make data-driven decisions, collaborate with vendors, and expedite the go-to-market process.
“Major retailers are adopting the innovative technology that Lightspeed is bringing to the market, which ultimately benefits the independent businesses we care deeply about. This democratizes access to technology that will help eliminate waste and inefficiency in retail and help overcome supply chain delays,” said Lightspeed President JP Chauvet. “The entire buying and merchandising process is being revolutionized with NuORDER by Lightspeed’s powerful technology that supports both retailers and brands. These latest announcements highlight our traction in the industry and the demand we are meeting with our platform.”
Lightspeed recently acquired NuORDER to help create an industry-leading bridge between the merchant and brand experience by simplifying product ordering for retailers and offering brands crucial insight into how their products move. This integration will build out Lightspeed’s ability to serve not just independent merchants, but brands and large-scale retailers as well – leveraging data and resources across these groups to benefit merchants, brands, and customers across the globe.
This new solution will help democratize commerce, enabling large and small merchants alike to better maximize efficiencies using the same enterprise-quality technology. Lightspeed will connect buyers and brands to build better product lines with minimal friction, ultimately benefiting consumers shopping in their homes or in the store and taking pressure off over-taxed global supply chains.
The NuORDER by Lightspeed platform directly connects buyers and brands for The Bay in real time to visualize and develop assortments, localize and cater to different markets, and complete orders and deliver products to consumers. NuORDER by Lightspeed’s technology will accelerate the digitization of The Bay’s buying and merchandising processes with its visually-driven and intuitive platform to help buyers make data-driven decisions, collaborate with vendors, and expedite the go-to-market process.
“We are driving a customer-centric approach across our business, and the NuORDER by Lightspeed platform now streamlines our internal process with significant speed and efficiency, and allows us to elevate and cater to market preferences through curated on-trend assortments,” says Laura Janney, Chief Merchant, The Bay.
