STORIS
4.2
48
STORIS is a technology solutions provider for home furnishings, bedding, and appliance retailers. Their ERP software automates and integrates all aspects of retail operations, including point of sale, inventory control, merchandising, business intelligence, supply chain management, and accounting. Their NextGen platform provides a modern selling toolkit for sales associates.
Strengths
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Comprehensive functionality
STORIS offers a wide range of features for furniture retailers, including inventory management, point of sale, and customer management.
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Scalability
STORIS can accommodate businesses of all sizes, from small independent retailers to large chains.
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Industry-specific
STORIS is designed specifically for furniture retailers, meaning it has features and functionality tailored to the industry.
Weaknesses
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Cost
STORIS can be expensive, particularly for smaller businesses.
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Complexity
STORIS has a steep learning curve and can be difficult to set up and use.
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Limited integrations
STORIS has limited integrations with other software, which can make it difficult to use alongside other tools.
Opportunities
- The furniture retail market is growing, which presents an opportunity for STORIS to expand its customer base.
- As more consumers shop online, there is an opportunity for STORIS to develop its e-commerce capabilities.
- STORIS has the potential to expand into international markets, particularly as the furniture retail industry becomes more globalized.
Threats
- There are many other software providers in the furniture retail space, which could pose a threat to STORIS's market share.
- During economic downturns, consumers may be less likely to purchase furniture, which could impact STORIS's revenue.
- As technology continues to evolve, there is a risk that STORIS could become outdated if it fails to keep up with the latest trends and innovations.
Ask anything of STORIS with Workflos AI Assistant
https://www.storis.com/inventory-management/
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STORIS Plan
STORIS offers a tiered pricing strategy with three versions, Basic, Professional, and Enterprise, with pricing based on features and functionality.