Vori Secures $10 Million in Series A Funding to Transform Grocery Store Inventory Management

Supply Chain
Written By Rick Watson

Vori technology allows local and regional supermarkets to easily replenish their shelves, manage pricing, and control inventory right at their fingertips–empowering retailers to improve profitability and optimize labor.

The elements of the supply chain targeted by Vori include store replenishment, price management, and inventory control.  While there are still a lot of undigitized elements of the grocery industry, it’s mostly with mom and pops  which is I guess where Vori will attempt to focus.

Vori: Vori Secures $10 Million in Series A Funding to Transform Grocery Store Inventory Management

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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