Retailers could offset rising labour costs by streamlining back-office operations an internet-based activity, claims electronic data interchange (EDI) experts, Lobster.
Jeni Steele, head of Lobster UK, said: “Using technology to elevate operational efficiency has the potential to free up resources that could be utilized to lessen predicted retail job losses.”
A report with the British Retail Consortium suggests 900,000 posts could and a huge number of stores close within a decade, as the sector adjusts to the introduction in the National Living Wage and apprenticeship levy.
Software manufactured by Chesterfield-based Lobster delivers a money and time saving alternative to popular useful networks (VANs), which might be used widely round the retail industry to change data with suppliers and professional partners.
Jeni added: “Our fixed cost package enables retailers to talk easily with businesses and rectify issues quickly, improving support services levels and financial stability. Britain’s reliance upon expensive and cumbersome VANs may be a drain on capital that is certainly utilised elsewhere and we desire to demonstrate you will find there’s viable, economic replacement for replace this perceived industry standard.”
Lobster_data exchanges a huge number of files in any format and has a user-friendly graphical display which enables clients to create mapping and new profiles inside. It carries no transaction fees, copes with busy periods without interruptions and is teamed with complementary software to handle supply chains, product information and e-commerce.