enVista and Retalon Partner to Power Retail Intelligence and Predictive Insights
Global software solutions and consulting services firm enVista has partnered with Retalon to drive increased profitability and business intelligence for retailers. Combining Retalon’s artificial intelligence (AI) and predictive analytics tools with enVista’s cloud-native, Order Management System (OMS) will offer retailers an integrated solution to make smarter inventory and fulfillment decisions.
“We are extremely excited to announce this partnership, as we have long been impressed with the sophistication and accuracy of Retalon’s advanced mathematics and AI engine,” said enVista CEO Jim Barnes. “This is a game-changer for our retail clients, who will greatly benefit from leveraging advanced AI to drive predictive insights for order management and fulfillment decisions. The integrated OMS and AI solution will optimize the way retailers leverage inventory, factor predicted margin potential, and optimally route orders to improve service levels and profits.”
“enVista has built the first, unified commerce platform and OMS as a microservices architecture on an integration framework and common data model. It is very exciting to join forces with enVista to further enhance their OMS with our robust AI capabilities,” said Retalon CEO and President Mark Krupnik. “Together, we are providing the market with robust business insights and the ability to rapidly and profitably improve fulfillment execution. We look forward to helping retailers leverage the powerful combination of AI with next-gen OMS to deliver a significant competitive advantage.”