Documente Academic
Documente Profesional
Documente Cultură
CRUCIAL
REASONS
You Should
Integrate
ERP &
E-COMMERCE
www.i95Dev.com | USA | Australia | India Copyright 2016 i95Dev. All Rights Reserved.
Table of Contents
Introduction.....03
www.i95Dev.com 02
According to Forrester Research, online sales will continue to grow through
2015 and will reach $370B by 2017. EMarketer says that the number will be
$434B with even higher growth rates, indicating a competitive e-commerce
environment for businesses.
These statistics are causing retailers to think beyond their brick and mortar
stores to gain signicant advantages over competition while bringing about
higher sustainability for their businesses.
Online shoppers are ckle minded, making it imperative for products as well
as product related information to be consistent and available across all sales
channels. This begins with inventory updates to avoid stock-outs or back
orders, orders processed on time, and working towards providing outstanding
customer service. To make all this possible and to maximize return on a
multi-channel strategy, retailers need to ensure that their e-commerce
platform is in lock-step with their Enterprise Resource Planning software.
That is not the end to it. Integrating your E-commerce and ERP systems can
benet your business in multiple ways, which is what we attempt to explore in
this eBook.
www.i95Dev.com 03
Sales & Marketing
01
ACQUIRE
NEW CUSTOMERS
www.i95Dev.com 04
SALES & MARKETING
MAKING IT CONVENIENT TO
EXPAND TO NEW MARKETS
02
Over the last few years, companies have disconnected systems gives you the required
established their e-commerce presence to cushion by minimizing overheads required
acquire new customers and expand into new to maintain these additional channels. With
markets. With technology being the primary integration, information can be managed
source driving this and considering the and controlled from one channel, orders
ever-evolving nature of technology ensuring fullled in another and customers serviced
that your systems are adaptable and scalable from a third system; all of this with the
is important. Rising popularity of mobile reassurance of a unied customer
commerce being a case in point. experience.
While it is difcult to predict the future of With such a safety net to fall back on, your
technology, integrating your e-commerce business cannot be more ready to embrace
cart and your ERP system, along with other change and move up the e-commerce ladder.
www.i95Dev.com 05
SALES & MARKETING
03
GET A 360-DEGREE VIEW OF
YOUR CUSTOMERS
Build your customer persona is the most history and payment history your sales team
often given advice by thought leaders and can cross-sell & up-sell products and
leading marketers to brands for achieving negotiate more favorable payment terms,
marketing success. However, building an armed with customer order status and
effective customer persona and putting it to interaction history your customer service
a good use requires measuring customer representatives can quickly address
interaction across all touch points, which is customers' concerns.
not feasible with information residing across
multiple disconnected systems.
360
returns, outstanding invoices, customer
feedback, etc.). Armed with this information,
your marketing team can now drive effective
marketing campaigns, your sales team can
now make informed sales decisions, and
your customer service representatives can
better address their customers' concerns.
www.i95Dev.com 06
SALES & MARKETING
FACILITATES MULTI-CHANNEL
MARKETING
04
Businesses today sell across multiple the information hub and e-commerce the
channels and have customers who shop most used and effective customer touch
across channels and those who prefer a point. With E-commerce and ERP
specic channel. To target them better, integration, businesses can now leverage the
businesses marketing efforts need to be information residing in their ERP system
multi-dimensional and multi-channel and use the power of e-commerce marketing
focused. While this can be achieved in a to drive sales and business. Moreover, the
disconnected environment, an integrated e-commerce system can be extended further
environment amplies the impact by driving to support additional marketing and sales
a unied and consistent message across channels. This will enable businesses to
channels while centralizing the operational centralize their marketing efforts while
effort. reaching customers across multiple
channels with little incremental effort.
E-commerce and ERP are the two most
critical systems for this - ERP is the heart of
www.i95Dev.com 06
SALES & MARKETING
BUILD TRUST
AND CONFIDENCE
05
While businesses, in general, are all driven customers by giving you an ecosystem
by trust, it plays an even more important role where you run your business effectively
in e-commerce. More often than not, your while keeping things transparent for your
customers are extending a leap of faith in customers. Even simple things like keeping
your brand when they purchase from you your customers informed about the status of
online. By purchasing online, they risk their order and letting them track its
getting scammed, purchasing a fake or progress (by notifying them or letting them
damaged product, etc. see the same using self-service portals) can
go a long with in establishing that trust
E-commerce and ERP integration can help
relationship with your customers.
you gain an edge over competition by
building trust and condence with your
www.i95Dev.com 07
SALES & MARKETING
IMPROVED FORECASTING
AND DECISION MAKING
06
One of the greatest challenges Not only that, you can now use data
decision-makers traditionally face is the analytics to mine actionable insights and
availability of accurate and actionable build reports with data collected from
information - often critical business multiple systems. The insights gathered
decisions are made based on gut feelings can then be used to drive more sales with
that are shaped by outdated and inaccurate targeted campaigns and informed sales
data. For a business lacking integration decisions.
between critical systems like E-commerce
and ERP, it is not difcult to imagine why this
might be the case.
www.i95Dev.com 08
IT & Operations
REDUCE COSTS
AND ERRORS
07
The e-commerce system enables you to gets intensied with transaction volume.
easily reach your customers, display Moreover, this is also an error-prone process
information and take orders. However, the that can cost you a lot of money.
orders once received have to be transferred With E-commerce and ERP integration, the
back to the ERP system for fullment. Other information exchange can be automated
than orders, a lot of other information reducing errors and costs - of the manual
exchange is required between your data entry resources and losses caused
E-commerce and ERP systems like product & because of errors that creep in because of
inventory information from ERP to manual data sync.
E-commerce, customer information from
E-commerce to ERP, order status and
shipping information from ERP to
E-commerce, and more.
www.i95Dev.com 09
I T & O P E R AT I O N S
08
EFFICIENTLY MANAGE PRODUCT
INFORMATION ACROSS SYSTEMS
Online shoppers today shop from multiple leverage the content management system of
channels (the web, mobile, social media, your e-commerce system while
online marketplaces, etc.) and demand synchronizing the inventory information
businesses to provide a consistent from the ERP system enabling you to achieve
experience across all these channels. the true potential of both the systems.
Centralized management of product
information is critical to driving
multi-channel success. Failing to provide
which businesses will not only nd it hard to
maintain these systems (with information
getting outdated frequently) but also see this
having adverse impact on customer
experience and the brand image.
www.i95Dev.com 10
I T & O P E R AT I O N S
EFFICIENT INVENTORY
MANAGEMENT
09
Inventory management is a crucial aspect of ERP integration can help you manage
any business, and it becomes even more inventory better by maintaining consistent
critical when businesses sell across multiple data across both the systems which also
channels disconnected from your inventory sets the base for improved forecasting and
9. Efcient Inventory Management
management system. Consider this all effective demand planning.
purchase orders and order fullment What's more? Businesses can further
activities are managed in the ERP system, integrate other sales channels with their
but customers have no visibility to this as e-commerce systems (mobile, online
they shop on the e-commerce system. marketplaces, physical stores, etc.). With
In the absence of e-commerce and ERP ERP already integrated with the e-commerce
integration, businesses run the risk of system, selling across multiple channels
overselling or underselling their products while managing inventory in one system
which can impact both the bottom line and will never be so easy.
the customer experience. E-commerce and
www.i95Dev.com 11
I T & O P E R AT I O N S
10
STREAMLINE AND AUTOMATE
ORDER FULFILMENT
Imagine this your e-commerce store is You can take this setup a step further to
growing strong and you have orders owing minimize order aging by further automating
in continuously. Your resources manually your order fullment process
take orders from your e-commerce system automatically sync orders to warehouse,
and enter it into the ERP system for raise an invoice, ship items and then update
fullment. As your order volume grows, you your e-commerce store with the order status
will nd a number of orders left unattended and tracking number. Your customers are
(or delayed) because your resources are not bound to be delighted by the increased
able to keep pace with the growing order transparency and quick turnaround time (a
volume. Result your business growth and key differentiator in todays same day
customer satisfaction is limited by the delivery world you no longer have to worry
number of orders you can manually transfer. about losing customers because of delays in
That is ignoring the fact that manual data order fullment).
transfers are usually prone to errors.
With E-commerce and ERP integration you
can very easily overcome this problem
integration can help you streamline the
order fullment process by automating
information transfer between the two
systems. Whats more? This new system is
not only scalable (no additional resources
required as the order volume grows) and
minimizes errors, it also helps you save
costs, and you can use your resources for a
more productive activity.
www.i95Dev.com 12
I T & O P E R AT I O N S
www.i95Dev.com 13
I T & O P E R AT I O N S
12
MANAGE MULTIPLE SALES
CHANNELS EASILY
With rising competition, changing customer centralize the operational aspect of these
expectations and growing number of channels reducing the effort required to
channels businesses are squeezed from manage and maintain them.
every direction. Customers demand
Manage product and inventory
businesses to be present across multiple
information in a single system sync
channels and no business would like to miss
updates to all other systems,
any opportunity to get closer to their
customers. Take orders through multiple channels
However, managing multiple channels as but fulll them using a single system,
standalone systems is resource intensive
Interact with customers using multiple
(time and money) and not sustainable.
systems but service them using a single
Moreover, it also is becomes very challenging
system, and more.
to then control the user experience across all
the channels. With integration, you
www.i95Dev.com 14
Customer Experience
13
AVOID OVERSELLING OR
UNDERSELLING OF PRODUCTS
www.i95Dev.com 15
CUSTOMER EXPERIENCE
10%
www.i95Dev.com 16
CUSTOMER EXPERIENCE
www.i95Dev.com 17
CUSTOMER EXPERIENCE
16
IMPROVE OVERALL SHOPPING
EXPERIENCE (& CUSTOMER
SATISFACTION)
Integration can help you enhance your Automated order processing and
customer experience in more than one way. streamlined business processes lead to
increased transparency and decreased
Consistent product information available
turnaround time,
across channels gives customers the
exibility to switch between channels, Seamless information sync enables
businesses to convert the e-commerce
Sales and marketing team armed with a
store into a self-service customer portal
360-degree view of customers can build
that while improving customer
improved and personalized shopping
experience also improves internal
experiences,
efciency and more.
Improved productivity and efciency
translate into more time and money to
further improve the customers shopping
experience,
BEST
www.i95Dev.com 18
CUSTOMER EXPERIENCE
17
ADDITIONAL SCOPE TO TARGET
B2B CUSTOMERS
Consider this according to Forrester esti- limit, net terms, etc. businesses can now
mates B2B e-commerce will top $1.1 trillion extend their traditional e-commerce store to
and account for 12.1% of all B2B sales in the their business customers as well.
US by 2020. This will not only save time and money, as
Traditionally, e-commerce is associated with they no longer have to manage two systems,
selling to B2C customers and often you will but also allow them to leverage the advanced
nd businesses serving their B2B customers B2C e-commerce functionality to provide
with a standalone system while manually their B2B customers an improved customer
managing the communication with the ERP experience as their B2C counterparts.
system. With the help of E-commerce and
ERP integration, and a few advanced
modules like salesperson, quotation, credit
www.i95Dev.com 10
19
CUSTOMER EXPERIENCE
www.i95Dev.com 20
Conclusion Gradual
Improvement of ROI.
Integration helps businesses improve sales, drive operational efciency, and improve
customer experience. Businesses, B2B and B2C, across industries have discovered the
benets of integration and witnessed their business transform.
www.i95Dev.com 21
A Solution Packed with Features
About i95Dev
as mobile, social media and market places, to reach more clients and markets
integrated solutions with Magento, the eBay owned, market leading open-source
e-commerce platform, and Microsoft Dynamics GP, NAV and AX as well as CRM.
i95Dev is based in Dallas Texas, with locations in New York, Bethesda MD, Sydney
technical staff. We are big enough to be stable and have ample resources while
Maryland : 3 Bethesda Metro Center, Suite 700 Bethesda, MD 20814. Ph: (301) 760.7499
NewYork : 1430 Broadway, 7th Floor, New York, NY 10018. Ph: (646) 259.3662
Texas : 5646 Milton St#100, Dallas, TX 75206. Ph: (214) 396-2121
Australia : Sydney, NSW 2145. Ph: (02) 8015 5446
Disclaimer : The contents of this brochure contain information that may be company sensitive, proprietary or otherwise
protected from disclosure and is intended only for information purposes. The information is provided by i95Dev and endeavors
to keep the information up to date and correct. The document should not be disclosed, disseminated, or redistributed and may
not be used for any commercial purposes.