2023 Gartner® Market Guide for Retail Store Inventory Management Applications Recognizes GreyOrange as a Representative Vendor for its gStore Solution

GreyOrange is recognized for its retail gStore software. gStore increases omnichannel inventory management and accuracy by leveraging real-time data.

According to Gartner, “Store inventory is at the heart of retailers’ enterprise-wide inventory management and is critical for excellent execution of unified retail commerce. Retail CIOs can use this research to navigate the store inventory management application landscape to prioritize investments that are aligned with business needs.” The report also notes that, “AI-based intelligence will be the single biggest influence on retailers’ ability to discern real-time inventory feeds from their stores, as well as other inventory sources.”

Check out the Gartner Market Guide for Retail Store Inventory Management Applications, 2023

This report offers a detailed analysis of the future needs of end-users. 

This 2023 Gartner Market Guide for Retail Store Inventory Management Applications recommends that CIOs:

• Assess the cross-channel capabilities of their SIM application for processes such as buy online, pickup in store (BOPIS) by commissioning a cross-functional team, along with stakeholders from store operations, e-commerce, merchandising and supply chain;
• Fast-track SIM investments for solutions offering native cloud capabilities and an upgrade path to store IoT integrations;
• Prioritize customer expectations and industry segment needs by actively seeking and implementing AI use cases, including for generative AI (GenAI), for inventory optimization.

“AI-based intelligence will be the single biggest influence on retailers’ ability to discern real-time inventory feeds from their stores, as well as other inventory sources.”

– Gartner Market Guide for Retail Store Inventory Management Applications, 2023

Gartner, Market Guide for Retail Store Inventory Management Applications, Sandeep Unni, 6 November 2023
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