![]() has an app store that includes inventory management software. has been investing in shipping and fulfilment centres for small businesses, while U.S. ![]() Lightspeed isn’t the only technology firm chasing the supply chain - although different firms are taking different approaches. so that ultimately independent retailers don’t have dead, dusty inventory,” said Dasilva.īy letting both small retailers and suppliers forego faxing, phoning and emailing their purchase orders, Dasilva says Lightspeed is aiming attract more businesses to use its software. “We hope to also give benefits back to the suppliers to help them really tune their manufacturing for what’s really popular. Another goal is to make it more efficient for small shops to upload product descriptions and photos for online shopping, at a time when the COVID-19 pandemic has forced more local stores to rely on e-commerce. The system aims to give Lightspeed’s retail customers an online marketplace to look for new, popular product suppliers, he said. In this case, we’re using all of the data that’s available to benefit independent, small- and medium-sized businesses and their suppliers,” said Dasilva. “A large e-commerce merchant like an Amazon has a lot of visibility across the supply chain - a lot of data. The new feature will help small retailers and independent suppliers better compete with Amazon, Dasilva said. ![]() The system, called Lightspeed Supplier Network, is launching for bike stores, pet stores, jewelry stores and outdoor sporting good retailers in North America. Montreal-based Lightspeed, which makes cloud software for retailers and restaurants to manage their cash registers and checkout systems, launched a new arm of its business on Tuesday to help retailers restock their inventory. is expanding its business to include suppliers, as the Canadian technology company jockeys to compete with dominant retailers like Amazon.
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