Need to Unify Commerce? Look to Order …Need to Unify Commerce? Look to Order Management. Why is...
Transcript of Need to Unify Commerce? Look to Order …Need to Unify Commerce? Look to Order Management. Why is...
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Need to Unify Commerce? Look to Order Management.
Why is OMS in the cloud is the key to agile,
profitable, customer-centric commerce
Presented by:
Jim Barnes, enVista
Steve Congro, Saddle Creek Logistics
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Abstract:To remain competitive and deliver a consistent, stellar brand experience, omni-channel organizations must rapidly enable agile, customer-centric commerce across the enterprise. A next-gen OMS on a unified commerce cloud platform is the lynchpin solution providing enterprise inventory visibility, optimal order orchestration and enabling your company to deliver personalized experiences and buy/fulfill/return anywhere commerce.
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Agenda
• Introductions…• Omni-Channel to Unified Commerce…
• What is an Order Management System (OMS)?
• How does an OMS increase revenue?
• How does an OMS increase profits?
• How does an OMS improve the experience of the customer?
• How does an OMS provide a single view of the customer?
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4
Steve Congro
Sr. Director of Omni-Channel Applications
Saddle Creek Logistics
Jim Barnes
enVista
CEO
Panelists
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Commerce is Rapidly Changing
Single Channel
Legacy
2,000 Years
Multi-Channel
Reality
Last 30 Years
Omni-Channel
Aspiration
Last 15 Years
Unified Commerce
Nirvana
Present
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Order Management Systems defined:
A platform or application that brokers D2C or B2C orders to optimize cost of the order (profitability) and balances service (customer experience).
What is an OMS
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The Challenge = Opportunity
▪ “Omni” challenged
• Increased Points of Interaction (POIs)
• Increased Points of Fulfillment (POFs)
• Synchronized pricing, promotions, inventory, etc. across channels
• Competitiveness / Profitability
▪ Increasing customer expectations
▪ Lack of inventory visibility across enterprise
• Retail store inventory
• Endless aisle/ expanded assortments/vendor drop ship
• Non-optimized order orchestration/routing for selecting best fulfillment source
• Complex integration requirements
• Limited order & fulfillment status visibility
• Lack of ability to manage by exception
• Manual intensive supplier collaboration
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What does the OMS Solve?
Enterprise Wide
Inventory Visibility
Best Ship Method & Distributed
Order Management
(Order Orchestration) Store & Vendor
Fulfillment Execution
(& mobile)
Customer Care
(Order Creation &
Order Maintenance)
S T O R E
1 2 3
4
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360 Degree of View the Customer
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Where does OMS Fit…..?
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Hype or Necessary?
Leveraging an integration frame-work on the sameCode Base to translate, route,Transform and validate dataBetween endpoints…..
Integration First Approach
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Integration Platform as a Service
eCommerce
Orders
Inventory
Order Update
Customers
Tax(Avalara)
Cybersource / Cayan*
Communication
Protocols: Via FTP,
SFTP, AS2, REST or
SOAP API, Web
Services
Auth/Settle
Returns
BI / Analytics (Cognos)
Purchase Orders
WMS
Fulfillment Request
Ship Confirm
Expected Return
Inventory Advice (nightly)
Inventory Adjustments(real-time)
Shipping Acknowledgement
Email(Exact
Target)
Loss Prevention
(LPI)
CRM (AgileOne)
Cu
sto
me
rs/
Ord
ers
Inventory Reservations(real-time)
Sales Orders
Financials
WFM/HCM(Ceridian /
UltiPro)
Consumer App (PredictSpring)
Transfer Orders
ERP
*Move to a single Payment Gateway for better omni-channel payment/returns process with tokens
Solutions:• Integration Platform as a Service• Customer Care & Call Center• Distributed Order Management• Point of Sale / mPOS• Store Fulfillment• Promotions Engine
Product Master
Inventory Adjustments(real-time)Centric8
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Need to Solve for both Order and Data Transformation/Translation
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Key OMS Functions
• Multiple Sales Channel enablement• eCommerce, Call Center, Marketplaces, stores, Wholesale, etc.• Cross-channel order & fulfillment visibility
• Multiple Fulfillment Sources• Leverage inventory across multiple fulfillment sources• Warehouse(s), Retail Stores, Dropship Vendors, 3PLs
• Inventory Segmentation by singe location and across one or many Sales Channels
• Intelligent Order Routing• Distributed fulfillment across warehouse(s), store(s) and
vendor(s)• Customer segmentation• Fulfillment prioritization
• Carrier rating integration (Best Ship Method)
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Expectation Management
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Pre-Shipment Expectation
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The Future of Leveraging AI
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Which Store to Fulfill From to
Optimize Profit, Cost and Service
Obvious Answer - Ship from Store 2, but
using predictive analytics, the store is
going to sell through the 2 on hand (walk
in customer). Customer SLA is 3 days,
ignore store 1 (4 day transit), no
inventory in the DCs, look at store 2. High
ST for SKU A, and on hand is high, ST for
SKU B is low, but On Hand is low and
most forecasted not To sell. Allocate order
to store 3, vs 2. Although the trans cost
may be higher From store 3, the mark
down possibility is high.
LEGEND
Store
Distribution Center
Customer
Demand Source Product A Product B
Omni 1 0
Store 2 (ST) .7 .1
On Hand QTY 2 10
Demand Source Product A Product B
Omni 1 1
Store 3 (ST) .6 .2
On Hand QTY 10 5
Demand Source Product A Product B
Omni 1 0
Store 1 (ST) .2 .7
On Hand QTY 3 5
Product A – QTY 1
Product B – QTY 1
ORDER ID 1
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Post-Shipment Expectation
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For more information:
Speaker email: [email protected]
Website: www.envistacorp.com
Speaker email: [email protected]
Website: www.sclogistics.com
Or visit enVista MODEX Booth #7688