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Tag Archives: Omni-Channel

End-to-End Customer Supply Chain Collaboration Data Profits’ Provides Tools Needed for Omni-Channel SuccessAtlanta, March 16, 2017 Data Profits provides Distributors, Retailers, and Wholesalers with Demand Forecasting and Inventory Replenishment Collaboration tools needed for Omni-Channel success.

Data Profits goal is to exceed our customers’ expectations with new tools needed for end to end collaboration. Unlike our competitors, we allow customers to determine the tools screens, alerts and degree of collaboration they extend to their users and suppliers.

Data Profits’ Demand Forecasting Difference

Many demand forecasting and inventory replenishment collaboration solutions do not allow real time data access to vendors. Legacy software reporting solutions are NOT end to end collaboration. Data Profits’ delivers real time access to data, also allowing vendors direct access to the demand forecasting and inventory replenishment tools.

Real time requires safeguards in place to protect the information you want to share. Data Profits developed a user security structure that allows our customers to define product/ locations a user can access and options to view only or make changes to demand forecast, orders and settings. iKIS™ user data security structure empowers customers with real time end to end collaboration. Whether information is received via our Reporting Solution with reports scheduled and emailed to all relevant users or signing into the live data in the system; security is extended based on products, locations, roles, management level and company. Also, iKIS™ has custom configurable user alerts auto sent to users when critical events occur. Ever have a promotion that sells faster than demand forecast, how long did it take you to notify the supplier and then take an action. Imagine a customer alert for that promotional item which anticipated the need to order more merchandise and sent a message to supplier with the product, location and inventory replenishment required before you ran out!

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Omni-Channel-Fulfillment-Cure-for-the-Common-Cold-or-Hiding-the-Truth“Omni-channel” is a big buzz word in retail right now. Everyone wants to be “Omni-Channel”. The reasoning for an omni-channel approach is sound. For marketing and merchandising, customers see the same messaging, items, and pricing across all platforms. For inventory and order fulfillment, customers have access to all of your inventory, from stores to DCs.

Omni-Channel is No Cure, Is it Even Symptom Relief?

There are so many advantages to Omni-Channel retailing. But while omni-channel order fulfillment can help you take care of your customers and clear some inventory problems, it can also hide flaws in your demand forecasting system and in your supply chain. Much like over-the-counter cold medicine, omni-channel fulfillment can relieve the symptoms of an ailing replenishment system temporarily, but it can’t cure the underlying problem. Like the common cold, there are many with the ‘magical’ cure but the question you should ask is how did they make the cure if they wrote their base code more than 5 years ago…98% of software is in that category…and all most software does is relieve the symptoms, not a real cure.
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Omni-Channel Profits That Lie Hidden In Your Supply Chain

Your Business will Not See Profits from Omni-Channel this Year

The giants of retail took a huge bite out of 2013 sales. What did Apple, Walmart, Amazon, Macy’s, and Target get right? Omni-channel retailing…. they did it big and did it well to far surpass other retailers last year. Omni-channel retailing is the new multi-channel retailing that concentrates on a seamless customer experience through all available shopping channels, be it mobile device, brick and mortar, computer, tv, etc.
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