How E-Commerce and an ERP system work together to enhance your business
Enterprise resource planning (ERP) is not just for onsite or an internal company system and operations. Integrating your ERP solution with your e-commerce can make managing your B2C or B2B efforts simpler and more reliable, through automation and real-time updates. If you sell products online, using ERP for retail business can help you manage your revenue streams more efficiently and effectively.
Inventory Levels
One of the most frustrating aspects of online commerce for both businesses and customers is the inability to manage inventory. As customers take orders, any system that does not connect to your inventory is liable to create problems. If you integrate your ERP with your e-commerce, the system tracks purchases against your inventory in real-time. This allows you to immediately inform customers if a product is out of stock, and helps prevent any issues from ordering out-of-stock items.
Revenue in Real-Time
Because ERP software for retail business can update your sales numbers automatically, revenue reporting is done in real-time. Simply run a report for a certain time period and determine your revenue at any given moment. Automation brings the information faster and more accurately because it takes away the risk of missed reporting and other errors that manual compilation creates. You can report and plan with confidence that you have all of the current information available at any given time.
Automated Customer Updates
Beyond simply helping to keep track of information, ERP lets your customers stay up to date on the status of their orders. Automated customer updates are a win-win for both businesses and consumers as anxious customers are automatically notified and your customer service/tech support team is free to handle actual problems instead of answering order status questions.
Scale to Demand
Finally, automating more e-commerce functions in your organization allows you to scale up and down to customer demand without heavy fluctuations in your staff or supplies. ERP software works at different demand levels equally well, so you can adjust smoothly and effectively without extending your current resources.
N41 All-In-One Apparel ERP system and E-commerce Website
Your brand or business will greatly benefit from having an ERP System integrated into your e-commerce website. The All-In-One Apparel ERP Solution from N41 will seamlessly integrate with your existing B2C or B2B e-commerce or online store. N41 Apparel’s ERP e-commerce module works with a variety of e-commerce systems including Magento, Shopify, Joor, and FashionGo. Please contact us to learn more or schedule a demo today.
