Download PDF
OpenStore Streamlines Supply Chain Operations for Multiple Brands with Anvyl
Technology Category
- Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries
- E-Commerce
- Retail
Applicable Functions
- Logistics & Transportation
- Procurement
Use Cases
- Demand Planning & Forecasting
- Supply Chain Visibility
Services
- System Integration
The Challenge
OpenStore, a brand aggregator founded in March 2021, faced the challenge of managing procurement for over 40 brands. The company's mission was to identify, value, acquire, and scale long-tail e-commerce brands, offering liquidity to entrepreneurs who had grown these brands to their first six to seven figures in annual sales. The operations team, initially consisting of just two people, was tasked with managing all aspects of supply chain, fulfillment, demand planning, and product development. With an ambitious objective to grow to hundreds of brands as soon as possible, OpenStore needed to find a way to streamline operations and incorporate hundreds of unique supply chain management processes into a standardized, repeatable practice that could run with minimal manpower.
About The Customer
OpenStore is a brand aggregator based in Miami, Florida. Founded in March 2021, the company's mission is to identify, value, acquire, and scale long-tail e-commerce brands, providing liquidity to the entrepreneurs who had grown those brands to their first six to seven figures in annual sales. OpenStore aims to grow to hundreds of brands as soon as possible, and to achieve this, they needed to streamline operations and incorporate unique supply chain management processes into a standardized, repeatable practice. OpenStore provides qualifying Shopify entrepreneurs with a cash offer in as little as one business day and continues to grow each acquired brand by creating efficiencies and limiting costs as the portfolio grows.
The Solution
To standardize and scale their supply chain operations, OpenStore turned to Anvyl. Anvyl's solution allowed OpenStore to integrate dozens of supply chain processes into one cross-portfolio operation. OpenStore designed a resilient and scalable tech stack using Anvyl partners Netsuite ERP and Flieber for resource planning and demand planning, respectively, with Anvyl integrated in both directions. This tech stack enabled the team to manage everything from forecasting to purchase orders (POs) to reconciliation. Anvyl was used to manage the order and supplier collaboration phase of their supply chain, tracking and cataloging the journey from creation to delivery, including all specifics of cash in and cash out. Crucially, Anvyl made it easy for new brands to be integrated into the team’s process without necessitating hiring for manual work. The merchant integrations team introduced each new brand to Anvyl as quickly as possible, streamlining the process of reporting on the supply chains of 40+ brands.
Operational Impact
Quantitative Benefit
Related Case Studies.
Case Study
Improving Production Line Efficiency with Ethernet Micro RTU Controller
Moxa was asked to provide a connectivity solution for one of the world's leading cosmetics companies. This multinational corporation, with retail presence in 130 countries, 23 global braches, and over 66,000 employees, sought to improve the efficiency of their production process by migrating from manual monitoring to an automatic productivity monitoring system. The production line was being monitored by ABB Real-TPI, a factory information system that offers data collection and analysis to improve plant efficiency. Due to software limitations, the customer needed an OPC server and a corresponding I/O solution to collect data from additional sensor devices for the Real-TPI system. The goal is to enable the factory information system to more thoroughly collect data from every corner of the production line. This will improve its ability to measure Overall Equipment Effectiveness (OEE) and translate into increased production efficiencies. System Requirements • Instant status updates while still consuming minimal bandwidth to relieve strain on limited factory networks • Interoperable with ABB Real-TPI • Small form factor appropriate for deployment where space is scarce • Remote software management and configuration to simplify operations
Case Study
How Sirqul’s IoT Platform is Crafting Carrefour’s New In-Store Experiences
Carrefour Taiwan’s goal is to be completely digital by end of 2018. Out-dated manual methods for analysis and assumptions limited Carrefour’s ability to change the customer experience and were void of real-time decision-making capabilities. Rather than relying solely on sales data, assumptions, and disparate systems, Carrefour Taiwan’s CEO led an initiative to find a connected IoT solution that could give the team the ability to make real-time changes and more informed decisions. Prior to implementing, Carrefour struggled to address their conversion rates and did not have the proper insights into the customer decision-making process nor how to make an immediate impact without losing customer confidence.
Case Study
Digital Retail Security Solutions
Sennco wanted to help its retail customers increase sales and profits by developing an innovative alarm system as opposed to conventional connected alarms that are permanently tethered to display products. These traditional security systems were cumbersome and intrusive to the customer shopping experience. Additionally, they provided no useful data or analytics.
Case Study
Ensures Cold Milk in Your Supermarket
As of 2014, AK-Centralen has over 1,500 Danish supermarkets equipped, and utilizes 16 operators, and is open 24 hours a day, 365 days a year. AK-Centralen needed the ability to monitor the cooling alarms from around the country, 24 hours a day, 365 days a year. Each and every time the door to a milk cooler or a freezer does not close properly, an alarm goes off on a computer screen in a control building in southwestern Odense. This type of alarm will go off approximately 140,000 times per year, equating to roughly 400 alarms in a 24-hour period. Should an alarm go off, then there is only a limited amount of time to act before dairy products or frozen pizza must be disposed of, and this type of waste can quickly start to cost a supermarket a great deal of money.
Case Study
Supermarket Energy Savings
The client had previously deployed a one-meter-per-store monitoring program. Given the manner in which energy consumption changes with external temperature, hour of the day, day of week and month of year, a single meter solution lacked the ability to detect the difference between a true problem and a changing store environment. Most importantly, a single meter solution could never identify root cause of energy consumption changes. This approach never reduced the number of truck-rolls or man-hours required to find and resolve issues.
