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 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 VS On-Premise automation tool Cloud-based 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. According to Statista, 63% of the software users migrated from an on-premise software to a SaaS solution. Why a single SaaS solution makes more sense for retailers?

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. 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. The need to Implement inter-process communication

19. Marketing Team The team can have instant access over in-stock items and shipment offers which help them strategize the right promotional activities. How Inter-process alignment helps your team take action faster 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,Orderhiveis 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@orderhive.com or visit www.orderhive.com for more details.