Title: Attain-Retail-Success-with-Back-end-Automation
1- Attain Retail Success with Back-end Automation
2 Purpose
Identifying new retail trends that can modernize
your retail business
Identifying the retail challenges that hamper
growth
Redefining your retail workflow with automation
3Modern retail sales strategies that retailers
must adopt
4Retailers who have adopted multi-channel selling
based upon unified omni-channel profile have
almost doubled their sales Usage of cross-border
e-commerce has increased sales by almost
60 Fulfillment accuracy has a major impact on
buyers decision, 80 of shoppers now want
same-day shipping
5Key challenges with omni-channel multi-channel
retailing
6The Omni-channel dilemma Retailers are required
to unify their online and offline stores to
provide omni-channel experience to their end
customers. Inventory visibility and
availability Retailers have to constantly look
for ways to optimize the inventory they have, to
ensure that it is accessible via all selling
channels and customer engagement
points. Real-time visibility across the supply
chain process With the increase in the point of
sales across different geographies, retailers
need to have real-time visibility across the
supply chain process which enables them to take
an informed on-time decision. Strategize the
inventory allocation model Getting the right
inventory to the right store/channel at the right
time has a significant impact on the effective
utilization of stock.
7 Overcoming these retail challenges
Spreadsheets have failed to help retailers to
manage data across multiple channels support
cross-border sales.
8 Automation is the Key
- Delivering on the omnichannel experience requires
a single and integrated platform that can provide
global inventory visibility along with seamless
order management and fulfillment processes.
9Major business operations that retailers need to
automate
Inventory Management
Order Management
Shipping Management
Customer Management
- Helps you manage shipments across different
geographies, while optimizing the logistic cost
and maintaining fulfillment accuracy.
- Provides a platform that enables you to assist
your customers throughout the customer
interaction lifecycle.
- Helps you keep control over your inventory
operations so that you can avoid stock-outs, plan
replenishment and lower the cost of goods sold.
- Helps you implement omni-channel strategy by
enabling you to receive fulfill orders from any
device.
10 Types of automation tools available
VS
- Cloud-based automation tool
- On-Premise automation tool
11Software architecture that offers business
automation
- On-premise software
- Dedicated infrastructure
- Communication among various departments is
handled through server connection - Need to keep software updated and perform data
backups on periodic basis - Harder to scale as retail and wholesale business
needs grow
12Software architecture that offer automation
- Cloud based Solution
- Cohesive infrastructure
-
- Totally web-based and managed by the vendor
- Allows you to access information (internet
connectivity) while you travel or telecommunicate - Painlessly rolls out new enhancements without
disruption of earlier developments
13Why a single SaaS solution makes more sense for
retailers?
- According to Statista, 63 of the software users
migrated from an on-premise software to a SaaS
solution.
14A SaaS solution scales-up with trending retail
needs
- Retailers now opt for a single and unified SaaS
commerce platform which provides a comprehensive
set of capabilities for executing omnichannel
strategy and eliminates individual channel silos
to help them manage all the core business
operations from a single dashboard.
15The Big Question
- Can we have a single consolidated platform to
manage all major business operations?
16With the emergence of a single cloud-based retail
management platform, retailers are beginning to
see a light at the end of the tunnel.
17Experience a seamless omni-channel retailing with
modern cloud-based inventory management
solution
18The need to
Implement inter-process communication
With omni-channel strategy, retailers also
realized the need to align operations, as no
strategy can be implemented without a
collaborative effort from individual business
departments.
19 How Inter-process alignment helps
your team take action faster
- Marketing Team
- The team can have instant access over in-stock
items and shipment offers which help them
strategize the right promotional activities.
Sales Team Upon receiving a sales order, the team
can check stock level, inform suppliers for
replenishment or share sales order details with
the fulfillment department.
Fulfillment Team The fulfillment ensures that
orders are being picked, packed shipped
accurately without any delays or hassles.
Customer Service The team can access the
tracking number and latest shipment status,
enabling quick response to customer queries.
20Which is the most robust SaaS player that caters
to inventory and retail management?
21According to GetApp,Orderhive is the most
preferred solution by modern retailers.
22Why Orderhive?
- Orderhive brings every aspect of better retailing
in one platform. Bring together your team for
better collaboration, inventory and shipping
management and experience simplified back-end
management and significant growth in business.
23 Thinking to automate your inventory and
shipping management workflow? Email us on
support_at_orderhive.com or visit www.orderhive.com
for more details.