This presentation highlights the modern retail strategies, types of automation tools available to overcome retail challenges and how a cloud-based inventory management system can accelerate business growth.
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
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
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
Helps you keep control
over your inventory
operations so that you can
avoid stock-outs, plan
replenishment and lower
the cost of goods sold.
Order
Management
Shipping
Management
Helps you implement
omni-channel strategy
by enabling you to
receive & fulfill orders
from any device.
Helps you manage
shipments across different
geographies, while
optimizing the logistic cost
and maintaining fulfillment
accuracy.
Customer
Management
Provides a platform that
enables you to assist
your customers
throughout the customer
interaction lifecycle.
10. Types of automation tools available
Cloud-based
automation
tool
On-Premise
automation tool VS
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?
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@orderhive.com or visit
www.orderhive.com for more details.