🏅 Finalist - Årets SaaS-nykomling 2023, Breakit
Unlock the
Future of Retail
Connecting Suppliers & Retailers for Shared Success
Experience the ultimate solution for seamless inventory management, improved cash flow, and increased sales for both suppliers and retailers.
The Challenge
The retail industry is facing multiple challenges that impact suppliers, retailers, and consumers. Traditional retail models create bottlenecks and inefficiencies that hinder growth and customer satisfaction.
For Suppliers:
Limited by retailers'
purchasing budget and willingness to take risks
Restricted by
their own limits and
the risk of invoicing
Facing longer
credit periods,
increasing risk exposure
For Retailers:
Lacking funds to
purchase desired
inventory
Cautious with purchases
due to bearing the
risk of unsold items
Limited
product offering
for consumers
“Understanding these challenges allows us to create a solution that addresses the pain points of both suppliers & retailers, ultimately leading to a better experience for consumers, which leads to increased sales for our customers.”
Ola Levin, CEO, Future Of Retail
Awards Library
The Solution
Introducing FoR Open Trade: A revolutionary ecosystem that enables suppliers to own their products at the retailer's location, receive faster payments, and increase transparency in the transaction process. By breaking down barriers and streamlining retail operations, FoR Open Trade creates a win-win situation for all parties involved.
For Suppliers
Expand your product offering without risk exposure, ensuring a more diverse and comprehensive assortment at retailers
Get paid faster through FoR, improving your cash flow and reducing financial risks
For Retailers
Bring in more products and offer a better customer experience, keeping your customers satisfied and loyal
Avoid tying up capital in inventory and pay suppliers as items sell, enabling you to optimize your cash flow and reduce reliance on bank financing
FoR Open Trade- a Product in Three Parts
Our solution is designed in three integrated parts to ensure a seamless and effective retail experience for both suppliers and retailers.
Contract Package
Secure and safe trading, developed by Setterwalls.
Our legally binding contracts protect both suppliers and retailers, ensuring a trustworthy and reliable business relationship.
Payment Solution
Faster cash flow and better payment terms. Our innovative payment platform accelerates the payment process, benefiting both suppliers and retailers with improved cash flow and financial stability.
Analytics
Transparent transactions and unique sales support. Our advanced analytics tools provide real-time insights into sales performance, inventory levels, and customer trends, helping you to make informed decisions and optimise your operations.
Huge Advantages - for Everyone
Experience the advantages FoR Open Trade brings to suppliers, retailers, and consumers.
Suppliers
Increased exposure = increased in-store sales, allowing you to grow your business and expand your market reach
Secure partnerships, fostering long-term relationships built on trust and reliability
Faster cash flow, providing financial stability and enabling further investment in product development and marketing
Retailers
Reduced dependence on banks, freeing up capital and increasing financial flexibility
Increased sales, driving revenue growth and market share expansion
Freed-up capital, allowing for investments in store improvements, marketing, and customer service
Enhanced customer experience, creating loyal customers and improving your brand reputation
Consumers
Improved purchasing experience, leading to higher satisfaction and increased likelihood of repeat business
Wider and deeper product assortment, ensuring a diverse and comprehensive selection that caters to all preferences and needs
Increased likelihood of finding what they're looking for, making shopping more enjoyable and efficient
Get Started With
For Open Trade
Are you ready to revolutionize your retail business and reap the benefits of FoR Open Trade? It's time to optimize your supply chain, improve cash flow, and enhance the customer experience.
Book an online demo today to learn more about how FoR Open Trade can transform your retail operations and drive growth for your business.
