Why Integrate? Planning for Present and Future Retail Success
Best practice retailers are breaking down the walls that exist between channels and integrating processes and systems to improve the customer experience and reduce operational costs. And recent research reveals that many of those businesses lagging behind are putting plans in place to make similar investments for the coming year - and the next decade.
Most retailers experiencing the holiday sales rush are scrambling to gain control of their inventory, regardless of channel. It's not just the cross-channel marketers fighting it; even pure-play internet retailers are struggling to support their search engine optimization, search engine marketing, email marketing, Amazon stores and more.
Retailers manage assortment plans; forecast future daily, weekly and monthly demand; and try to align their inventory purchases to support their plans. They strive to have the right inventory on hand in the right location at the right time to fulfill customer demand with the least amount of inventory investment. An integrated ecommerce solution enables your retail organization to improve inventory utilization by providing intelligence needed access and manage fulfillment options. By better understanding inventory levels, you can capture missed orders and improve order fill rates utilizing inventory across the entire network-from your warehouses to your stores to your suppliers and partners.
Making the move
As we've already explored, integrating front-end and back-end systems offers many benefits:
- Provide customers the flexibility to shop and interact through multiple channels without sacrificing of the brand experience.
- Gain seamless coordination of order-to-fulfill processes across sales channels.
- Get an accurate view of stock levels and order information at any customer touch point.
-
Improve inventory utilization by employing the
entire retail fulfillment network ...
FREE Membership Required to View Full Content:
Joining MSDynamicsWorld.com gives you free, unlimited access to news, analysis, white papers, case studies, product brochures, and more. You can also receive periodic email newsletters with the latest relevant articles and content updates.
Learn more about us hereor login