eBay Inc (NASDAQ:EBAY) And Shoe Carnival, Inc. (NASDAQ:SCVL) Partner To Form Omnichannel Foundation

Boston, MA 10/01/2014 (wallstreetpr) – eBay Inc (NASDAQ:EBAY)‘s subsidiary, eBay Enterprise and Shoe Carnival, Inc. (NASDAQ:SCVL) have announced that the two have signed a partnership deal to form a new omnichannel operational foundation.

Shoe Carnival is among the biggest footwear retailer in the U.S., and it plans to implement the foundation based on eBay Enterprise’s modular solutions. According to a Business Wire article, eBay Enterprise will bring along its expertise in the following sections: Ship-from Store, Fraud Protection, Payments, Retail Order Management, and Customer Care.

Benefitting Mutually

The companies seek integrated technology and services to enable a secure engine to accept customer payments and also to cut down on frauds without affecting the user. They also expect to experience and integrate inventory across many of the retailer’s 380 stores with the aim of increasing product assortment while decreasing fulfillment transit duration and costs.

With this partnership, Shoe Carnival lines up among the already increasing list of retailers who are seeking to exploit eBay Enterprise’s online and offline commercial platform. eBay Enterprise is a leading company in local commerce that enables store-based fulfillment in over 5,000 stores for as many as 40 brands and 26 retailers. Its business spans 15 countries across three continents. The company is expanding its presence to reach a count of 6,000 stores by year-end.

Strategy

Shoe Carnival seeks to adopt a phased approach, according to which, it will enable the e-commerce business’ Ship-from Store to major stores well ahead of the holiday season. The scheme will also be harnessed in the distribution center for high-volume and specialty products. This eliminates the need for a warehouse management unit.

In later phases, the company seeks to exploit the training acquired during the initial phase to use eBay Enterprise In-Store Pickup. The flexible approach that the procedure proposes will enable Shoe Carnival to not only deliver quickly and more efficiently, but also to manage cost cutting.

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Published by Duncan Oleinic

Duncan Oleinic is from New Yourk. After graduating with a degree in physics, he began his career as an analyst in a broking firm. Through this experience he was able to advance to the role of correspondent for a U.S based financial news provider, where he worked from 2001 to 2007. He subsequently joined a merchant banking firm as a financial analyst focused on valuing unlisted companies in the sub-continent. Over the course of his two years here, he performed valuations of several media companies which were later acquired by peers.

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