Go behind the scenes of eCommerce operations. It is complicated. Retailers have lot of bandaids in place: excel spreadsheets are the #1 method of organizing samples and photoshoots, and prioritizing tasks. They lack a solution which brings it all together so teams can work faster and focus on the same priorities. Find a better way to manage samples, photo shoots and copy writing. You will cut down the cost and get products online faster. Find out more at: www.gosweft.com #ecommercesolutions #photoshoots #productphotography #samplemanagement #copywriting #ecommercebusiness #teamcollaboration
Sweft
Software Development
Philladelphia, Pennsylvania 731 followers
Retailers are losing billions of dollars annually in lost revenue due to “ISNO” inventory (In Stock Not Online) issues.
About us
Retailers are losing billions of dollars annually in lost revenue due to “ISNO” inventory, which refers to products In Stock but Not available Online. ISNO inventory occurs when products are available in-store and often in the warehouse but not online, resulting in lost sales from customers who cannot find the product they want on a retailer’s website. Retailers are struggling to accurately manage their ISNO inventory and keep it up-to-date with changes in their physical stores.ISNO arises from an over-reliance on manual processes and spreadsheets to manage the creation of the required digital assets and data. The disconnected processes and systems retailers use fail to provide the visibility and operational efficiency required to quickly launch products. Enter Sweft, the ultimate solution to ISNO. Sweft is a SaaS workflow productivity tool designed to help retailers launch products more efficiently, resulting in optimized full-price sales. Sweft was created by an experienced team of former e-commerce retailers with a deep understanding of the ISNO problem. With Sweft, retailers sell more products at full price, improving profitability. An end-to-end solution, Sweft increases revenues and profitability by enhancing collaboration & communication across the company, and by improving productivity through reduction of data entry and tedious tasks. Sweft sits alongside your technology stack, providing a single resource for your team’s product content needs. Syncing information between buying, merchandising, planning, creative, web production, marketing and other departments, Sweft creates transparency and provides priorities, preventing the process from being a roadblock to your growth. Learn more at www.gosweft.com
- Website
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http://www.gosweft.com
External link for Sweft
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Philladelphia, Pennsylvania
- Type
- Privately Held
- Founded
- 2018
Locations
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Primary
Philladelphia, Pennsylvania 19093, US
Employees at Sweft
Updates
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The excitement builds....
Coming the CommerceNext Growth Show next week? Then join Sweft on Day 1 for an informative breakout session with Vanessa Marko from Harry Rosen and creative leader Felecia Boccuto, where they will discuss efficiency, collaboration and the challenges that inhibit profitability and growth with Sweft's Ranjana Sharma. Vanessa brings more than 20 years of experience in ecommerce and has held various roles, including buyer, marketer, merchandiser, and now head of eCommerce at Harry Rosen, Canada's largest luxury Menswear retailer. Felecia is a creative professional who has led studio teams and built out process and infrastructure for multiple global brands, including Anthropologie, West Elm, Destination Maternity and Victoria's Secret. These experts understand the importance of having an optimized process that helps teams work at their highest productivity, especially with high-volume, high-end pricing. It's sure to be packed with insight on how to get operational challenges out of the way of your growth! #Efficiency hashtag #ProductLaunch hashtag #Omnichannel hashtag #operationalefficiency hashtag #CreativeManagement James Brooke Julie Bula
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Pearls of wisdom for retailers in this challenging retail environment.
𝗥𝗲𝘁𝗮𝗶𝗹 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 is critical for brands today. When digital grew exponentially during the Pandemic, many retailers couldn’t focus on efficiency - "just get it done" was a necessary mantra. Now, after eCommerce has seen 2 years of negative or flat growth, the focus has shifted to profitability. For many retailers, this is an existential problem. A lack of profitability has brought down major retailers and brands in recent years. The industry needs to learn from this and determine how to achieve more with less. Recently, James and I had the opportunity to meet with Mark and David of the Multichannel Success Podcast and delve into the reasons why focusing on efficiency has become paramount for retailers. With digital growth stabilizing post-pandemic, sustainable profitability hinges on efficiency. This discussion became the sixth episode of this season's Multichannel Success Podcast, where we share our thoughts on the shift from explosive digital growth to strategic investment decisions to improve the bottom-line. Technology plays a crucial role in improving efficiency, and we also discuss how #eCommerce integration, reducing time to market, and managing product information are key to staying competitive. Plus, we touch on the importance of company culture and employee experience in driving efficiency. Looking ahead, retail efficiency will likely involve a blend of AI augmentation and a more interconnected, transparent organization that focuses on value-added activities. Measuring efficiency can involve simple measures such as Revenue per Employee, all the way through to complex indicators such as product speed-to-market. Unit economics provide a fuller understanding of performance. Retailers, take note: this shift is imminent, and preparation is essential! LISTEN HERE: https://lnkd.in/enQ3QKJh As always, we at Sweft are delighted to have the opportunity to sponsor the Podcast - find out more about how you can optimize your eCommerce back-office operations at: https://www.gosweft.com/ David Worby, Mark Pinkerton, James Brooke, Julie Bula, Ranjana Sharma #RetailEfficiency #multichannelsuccess
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"The harder you work for something, the greater you'll feel when you achieve it" could not be a truer statement for everyone involved in getting Sweft V2 launched! Very proud of our team and our customer's team for their partnership and resolve to get us across the finish line! Huge thank you to all!!! Visit https://www.gosweft.com/ or reach out to partner with Sweft V2 and achieve your 2024 online goals! James Brooke Michael Robinson Ranjana Sharma Julie Bula #gosweft2024! #yeswewill! #retailtransformation #onlinebackbone #operationalefficiency #operationalexcellence #samplemanagement #gosweft #Sweft
Sweft | PWM | Product Workflow Management Platform.
http://gosweft.com
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Are you a retailer with inventory sitting in your warehouse that isn't live on your website? If you answered, "yes" to "are you a retailer", that my guess is that you also answered, "yes" to having inventory in your warehouse that isn't on your website! Am I right? 🤔 At Sweft we call that inventory "ISNO" - In Stock, Not Online. James Brooke outlines the ISNO contributors brilliantly in the below post. James Brooke, Michael Robinson and I will all be at #nrf2024! the next couple days. DM me if you'd like to meet up and talk about turning your #ISNO into sales and margin $ vs. warehouse dust collectors! #ecommercestrategy #efficiency #retailinnovation #operationalexcellence #pim #dam
🌐 𝗨𝗻𝗿𝗮𝘃𝗲𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝗜𝗦𝗡𝗢 𝗞𝗻𝗼𝘁 𝗶𝗻 𝗘-𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 #retailleaders, it's time to spotlight an operational enigma: ISNO (In Stock, Not Online). Why does it persist, and what keeps #ecommerce teams from expediting item availability and speeding up time-to-site? Here's the inside scoop. 🕵️♂️ 🏬 At its core, retail processes were crafted for the brick-and-mortar era – the race to get products onto physical shelves ASAP. eCommerce processes were tacked on, riddled with manual steps and makeshift tools, primarily... yes, you guessed it, spreadsheets. 🛠️ We're talking about 6 teams navigating an obstacle course of 100 steps, compiling 200 data points. With different cadences, tools, and priorities, collaboration turns complex, communication crumbles, and strategic focus blurs. 📊 A staggering 94% of retailers still use Excel for product launches. Add to that the point solutions soothing one department's woes but not another's, and the home-built systems that age faster than a season's fashion trends. 🧩 The disjointed efforts of tools, teams, and processes mean products lounge in warehouses instead of flaunting online. This slashes the window for full-price glory. 💼 But is this a systems and silos conundrum or a business culture crisis? While the distributed pain masks the issue from decision-makers, the "margin agony" is felt, yet the roots remain elusive. 🔊 When the outcry peaks, it's often a single department's howl. Executives may quiet it with a quick-fix point solution, but that's just one piece of the puzzle. More often, we see a rally of reinforcements – more people thrown into the fray, spiralling complexity and multiplying miscommunications. 💡 For brands launching new SKUs frequently, this isn't just a big retailer's game. Smaller players can't afford missteps; they must nail every launch, sync with crucial marketing drives, or risk missing targets. 🚀 And in the cutthroat arena of retail, agility is non-negotiable. We need our squads laser-focused on strategy and branding, not bogged down by procedural logistics. Operations – the retail backbone – has long been overshadowed by front-stage allure. Yet, ignoring the operational gears is no longer an option as the web amplifies competition and transparency. 👥 At #Sweft, we believe in empowering teams to be strategic, not just process-driven. We're reimagining operations to be as fast, efficient, and adaptable as the market demands. Because when trading gets tough, it's not just about surviving the storm – it's about setting sail while others are anchoring down. 🔗 Michael Robinson, Julie Bula and I will be at #nrf2024! DM me to explore how we can tighten your operational threads. Let’s make ISNO a thing of the past together! #EcommerceStrategy #Efficiency #RetailInnovation #OperationalExcellence #PIM #DAM #mach
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