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Attain-Retail-Success-with-Back-end-Automation

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Retailers who have adopted multi-channel selling based upon unified omni-channel profile have almost doubled their sales – PowerPoint PPT presentation

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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
3
Modern retail sales strategies that retailers
must adopt
4
Retailers 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
5
Key challenges with omni-channel multi-channel
retailing
6
The 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.

9
Major 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

11
Software 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

12
Software 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

13
Why 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.

14
A 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.

15
The Big Question
  • Can we have a single consolidated platform to
    manage all major business operations?

16
With the emergence of a single cloud-based retail
management platform, retailers are beginning to
see a light at the end of the tunnel.
17
Experience a seamless omni-channel retailing with
modern cloud-based inventory management
solution
18
The 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.
20
Which is the most robust SaaS player that caters
to inventory and retail management?
21
According to GetApp,Orderhive is the most
preferred solution by modern retailers.
22
Why 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.
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