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SalDist – The Omnichannel Retail Solution

The SalDist is a B2B E-commerce Omnichannel retail solution for businesses to leverage the aspects of an omnichannel strategy to drive revenue and growth for businesses innovatively and efficiently. From the Omnichannel solution to ERP Management, it helps businesses to monitor and track the right aspects needed to acquire a consumer base.

 

The world of consumer presence is expanding day by day and bringing new trends in the sales and marketing ecosystem to retain consumers. As businesses are no longer limited to physical space, various strategies can fuel up sales and bring more revenue to businesses by tapping the potential of multiple platforms or channels. This can be innovatively done through omnichannel retail solutions to combine the elements of sales and marketing for businesses.

 

The Omnichannel Retail Solution offers integration between the physical store and online platforms. It extends the convenience to consumers to place an order through e-commerce platforms and collect it physically through brick and mortar store. The comprehensive synchronization of order management, inventory, and fulfilling customer experience makes it unique. It also captures the essential data points and consumer details to deliver consumer experiences throughout the consumer journey. It is all made possible through an Omnichannel Retail Solution like SalDist.

 

SalDist – Omnichannel Retail Solution

 

The SalDist Omnichannel Retail Solution offers clients and businesses with out of the box shopping experience to tap consumers at various touchpoints. It helps in consumer retention and offers seamless integration of various channels for enriched shopping experiences.

How Can SalDist Help in Engaging Customers to Drive Sales?

The SalDist Omnichannel Retail Solution is a desired ERP software for businesses to target consumers by allowing them to perform purchases through various channels seamlessly. It can be achieved by integrating business presence on various digital channels and following them at various touchpoints through the consumer journey to increase sales percentage. Thus it can also help in customer retention and drive enormous growth for businesses.

Features of SalDist – B2B E-Commerce Solution

Omnichannel B2B Solution

It offers flexibility to consumers to choose any specific platform to purchase products or services. As a business which s having an omnichannel presence on the digital platforms, a customer can buy products on either a website or a native app. This omnichannel B2B retail solution will ease the buying process as they don’t need to visit a physical store to purchase products every time. They can also place an order through different channels or platforms. This integration with the Point of Sale System helps maintain and manage consumer information and data innovatively.

Personalized In-App Features for Product Catalogue

The product catalogues in the B2B segment are quite extensive and confidential. It is only accessible to genuine clientele so that the product specifications or design doesn’t leak out in the market. The B2B E-Commerce solution offers various in-app features to ensure integrity by offering personalized shopping experience and access to custom catalogue as per the business requirements. Through this, the businesses can also get access to various insights about the potential consumers looking for their product. 

Seamless Integration of Offline & Online Data Across Platforms

The SalDist Omnichannel retail solution offers quite a unique feature for business owners to sync online and offline customers’ data to retarget them at various points in the customer journey. It also helps in upselling and cross-selling of products to customers through digital channels as per their buying traits and demographics. This can be done through an embedded back-office ERP system to support these custom functions.

Back Office ERP for Business Solutions

The Back Office ERP by Saldist can offer business owners convenience by managing various functions and activities of businesses such as- Accounting, Invoicing, Sales, etc. For E-Commerce based businesses, it can also help in order fulfilment, inventory tracking, and delivery tracking. It ensures the fulfilment of high volume orders and enables quality tracking throughout the business process.

Reporting of Crucial Data Points

The SalDist B2B E-commerce Omnichannel Retail Solution also assists businesses with crucial data points based upon the activities of businesses. From tracking various activities to ensuring quality assurance, the tool is capable of reporting analysis based on different factors useful for businesses. It helps business owners to manage the business with ease.

Building Data Source for Decision Making & Marketing

Tapping into consumer details in offline and online mode through a POS System integrated into ERP can help businesses utilize that data for various other marketing aspects. The data synchronized between omnichannel platforms and databases can be used for remarketing, email, and SMS campaigns.

Helps in Solving E-Commerce Challenges

The B2B Ecommerce omnichannel retail solution aims at solving e-commerce related challenges innovatively by handling inventory demand-supply, offers and personalized promotions, product returns, customer fulfilment, etc. It helps in minimizing logistic costs and maximize the potential for profits.

Why SalDist?

The SalDist B2B Omnichannel Retail Solution can help businesses to manage sales in a comprehensive manner covering offline and online sales platform. It will not only assist in targeting the consumers and increasing sales but will also help in other areas related to business. It is a return-oriented solution for enterprises to leverage growth and profit by integrating an omnichannel retail strategy in e-commerce.

 

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Effect of Coronavirus Crisis on ERP Development Agencies: Opportunities Ahead & Bypassing Challenges

ERP development companies | USA

Enterprise resource planning can be a big boon to revive supply chain management in an effective manner. During the time of crisis, ERP software development agencies can find opportunities to innovate by offering solutions to impacted businesses.

The unforeseen impact of coronavirus on the IT industries will definitely be going to cause a greater cost to the global economy. The worldwide pandemic, which has already trapped the majority of countries has contributed towards huge financial losses causing factories, industries, and businesses to shut down temporarily due to stringent quarantine measures. The number of cases growing day by day. It is also bringing new challenges and concerns for the progressive countries like- United States, India, Japan, Italy, etc. As huge numbers of factory workers are currently put on furloughs while many of them are working from home, there are no signs of revival in the coming weeks.

Effect of Coronavirus Crisis on ERP Development Agencies
Source – FT.com

Impact of Lockdown on Manufacturing & Logistics limits Supply Chain

As a typical measure to contain the outbreak, no option other than lockdown seems to exist in the corona-impacted world. The countries are opting for nation-wide 21-day lockdown as a measure to limit the containment of the virus. As a result, It has limited the global supply chain as people are no more allowed to venture out of their home thus disrupting the global supply chain. The businesses operating in the manufacturing and logistics industries are also experiencing a serious slowdown. In terms of accessing speculations about a positive future, the technology readiness post-COVID-19 is expected to bring revolution in the manufacturing and logistics sectors.

Impact of Lockdown on Manufacturing & Logistics limits Supply Chain
Source – mckinsey.com

Enterprise Resource Planning: Accessing Businesses & Global Supply Chains

As per the statistics released by the Institute for Supply Chain Management, more than 75% of businesses are experiencing a slowdown due to the impact of the supply chain because of the travel restrictions imposed amid the lockdown. In terms of understanding it from the global scenario, most of the products are manufactured overseas and sold in the local markets. Aligning it with the goals of enterprise resource planning, the businesses can use automated ERP software to solve the hassles of supply chain operations to track the business operations and functions virtually. This could be an opportunity for business owners to implement ERP to ease out the pain-points once the supply chain restores to partial operations in a limited manner.

COVID-19: Opportunities for ERP Software Development Agencies

As the businesses are struggling with operations due to the scale of restrictions in highly impacted areas. The ERP software can come to the rescue for those industries which are allowed to operate but with the limited on-ground workforce. As ERP software offers great convenience of access from anywhere, the businesses can look forward to restoring their supply chains without wandering to resume full-fledge on-ground operations. Here is an opportunity for ERP Software Development agencies to extend support to such businesses to transform business needs for the virtual operations.

COVID-19: Opportunities for ERP Software Development Agencies

Unique Selling Proposition: How ERP Development Agencies can Sympathize Impacted Businesses in COVID-19 Scenario

The digital world seems less impacted by the diverse impacts of coronavirus as the workforce can still continue to work through WFH methods. It is quite unfortunate for offline businesses dealing in manufacturing and supply, as they cant operate from remote locations due to their limitations. Some of the businesses might have scope to operate but due to the lack of technological systems, they remain to be impacted for a longer period. In order to allow businesses to tackle the challenges through virtual mode, ERP solutions can be a substantial solution for their pain point in the current scenario. They can make themselves ready to operate amid the crisis to mitigate the long term losses.

How ERP Development Agencies can Sympathize Impacted Businesses in COVID-19 ScenarioOn the other hand, it gives greater scope to ERP development agencies to offer solutions for impacted businesses so that they can revive themselves in a timely manner. Here are some of the USPs that could be the selling points to reach out to your target customers in a sympathetic way to extend them genuine support.

1. Remote Working: Managing Active Vendors and co-ordinating the process

The businesses which are operating on a scale need to co-ordinate with vendors and associated operations. In terms of crisis, it becomes crucial to have an assisted system that can ease this process by managing the active vendors and satisfying the demands for your business. This is quite hassle-free and time-saving as compared to keeping track of operations manually.

2. Operate Virtually with Limited On-Ground Workforce

Since most of the enterprise resource planning systems are hosted on virtual servers or cloud, it can be managed through the convenience of any location. It is quite convenient to track the orders from vendors, keep notified of the delivery status, and raise invoices through the in-built features. The ERP can help to operate business virtually with the limited on-ground workforce.

3. Data Forecasting Capabilities

The data-analysis ERP system comes with data-driven approaches to give in-depth insights about businesses. It can track revenue, stock availability, human resource, supply chain processes, and lots more through the ERP software. At this time of crisis, business forecasting can help businesses to eliminate the losses that they might incur in the coming days.

4. ERP Helps Business to Enable Digital Transformation

The need and necessity to be digital compliance have become an evident solution in a COVID-19 scenario. It should be crucial to access the structure and identify the potential to drive business growth through digital solutions. Open Source ERP is one such solution to enable digital transformation.

Opportunities in Medical & Pharma Ecosystem

The ERP software development agencies can eye on the medical and pharma industry to facilitate the supply chain system to fasten the delivery process of medical items. Since the government and hospitals are aiming for quick supplies of medical equipment, healthcare ERP apps can become a substantial tool. It will not only help in terms of meeting end-to-end supplies but would also enable data-driven approaches to ensure adequate supplies through intelligent stock and vendor management. The ERP can be considered as one of the innovations to bring disruptive revolution in the supply chain.

Brighter Side for ERP Agencies: Eliminating Negativity to Capture Opportunities

It is quite understandable that there are thousands of ERP development agencies, that are facing a major hit due to the revenue losses as businesses are mostly focusing on cost-cutting. As clients are not clearing the invoices due to the impact and there are some speculations that companies might lose long-term projects. Here are some opportunities to focus on the potential of revenue and growth to ensure a better future in the post COVID scenario. Since the present conditions are not in our control, we can definitely aim for a better future.

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ERP Software Systems – Busting Top 10 ERP Myths For Your Organization

ERP software | ERP Myths

Introduction

ERP (Enterprise Resource Planning) is a technology that is an essential need for all the industries in the 21st century. ERP software helps enhance the growth rate of companies. As a result, companies are investing their time in training, evaluation, and overall ERP implementation.

ERP software is a billion-dollar industry. ERP software systems are now common for all scales of companies. Despite being popular, there are some misconceptions associated with ERP solutions in today’s marketplace. Let’s look at a few of the common ERP myths.

Myth #1: ERP Software is too expensive

This is one of the most common misconceptions about custom ERP solutions. Although, the high-end and advanced ERP solutions are expensive. But mobile and cloud computing solutions make ERP software systems are quite affordable. Also, the pricing packages depending on customization and usage.

Myth #2: ERP Software is only for Big Business

Earlier, ERP software systems were only used by larger firms. But with the advanced technologies and the increased customization features, small and mid-sized businesses can also use ERP. Whether the firm is small or large, selecting the right ERP solutions is much more significant for business operations.

Myth #3: ERP only benefits executives and management

Yes, ERP software offers real-time information which helps upper management in the decision-making process. But the perks eventually spread into the entire business, smooth the operation process, and enhance the middle and lower-level executive performance. In simpler words, ERP solutions provide benefits across the organization.

ERP solutions | ERP Myths

Myth #4: ERP solutions are only used to impress customers

If implemented properly, the ERP associated system can impress the customer. But that’s not the only purpose of it.  ERP solutions offer excellent services through operational efficiency and enhanced quality of products. Thus, it helps organizations to build strong goodwill among customers and improves their relationships with clients. Therefore, ERP systems have much more to provide than to just impress customers.

Myth #5: One ERP Software fits all

While selecting ERP solutions, companies should focus on the business requirement. For example, a firm which only offers a single product selects the different ERP systems compared to the manufacturing unit that provides multiple products.

ERP systems

Myth #6: ERP, SCM, CRM, and MRP are all the same

Customer relationship management (CRM), enterprise resource planning (ERP), manufacturing resource planning (MRP), and supply chain management (SCM) differ completely from each other and target different kinds of businesses. These systems can be deployed individually or in combination according to the company’s business requirements.

ERP supply chain management
source – bohatala.com

Myth #7: ERP takes too long to implement

The time that is required to implement an ERP system depends on several factors such as customization, size of the business, the expectation of management, and the number of users. Along with having a dedicated team to implement ERP solutions, companies need to outsource a vendor who can offer technical support, regular updates, and training for execution.

Myth #8: ERP Software is an IT system and belongs in the IT department

Enterprise resource planning is a technology that requires input from all the departments and involves ownership from hands-on workers to upper management. Although the information technology (IT) department plays an essential role in ERP implementation. But in the end, each business department is an integral part of the success of ERP.

Benefits of Automation ERP System
source: mydbsync.com

Myth #9: I don’t need custom ERP solutions

Most business owners think ERP solutions are not customizable. According to the report of Panorama, 91% of the companies ended up customizing their ERP implementation. The remaining 9% are mostly small-scale firms that opted for one-size-fits-all solutions as it does not complicate their business procedures. If your organization is not a newly started company, you can opt for customization of ERP solutions.

Myth #10: On-Premise ERP solutions are outdated

Cloud-based ERP systems are rapidly gaining popularity, which is the reason most people think ERP solutions are a technology of the past. But it’s not true as 67% of the companies are still using on-premise ERP. The prime reason behind this is companies are not in favour of uploading all the data on a cloud, so they choose on-premise ERP, to have control over data.

 Conclusion

There are plenty of myths written about ERP solutions out there. Don’t rely on these myths. Sort out the faulty information to make appropriate decisions for your organization. If your company is seeking technical and innovative ERP Solutions, NOI Technologies can certainly help you. Drop your enquiry here or write to us at [email protected] for OFBiz applications, custom ERP development, IT consulting, web design, and development services.