Why your approach to retail ERP needs to change
Retail ERP platforms are evolving quickly and with significant purpose these days. This awareness applies specifically to retail operations, given the sector’s current migration away from values associated with bricks and mortar selling, toward more and more online sales processes.
Consequently, we thought we’d take a look at evolved technologies that will either cause a problem or a boon, depending on how a particular retail enterprise is being driven.
The emergence of ‘common platform’ operations
In the past, retail ERP operators faced hosts of challenges largely driven by data inconsistencies between practical production requirements and various executions at the customer-level versus the downstream development and delivery of meaningful administrative metrics.
Today, however, advantages associated with large-scale cloud networks, and subordinate software sub-systems, allow for a much rosier view of things .Where managing, tracking and measuring operational impacts were largely stove-piped, modern cloud-based ERP systems intrinsically accept and consume raw data that is, in turn, easily manipulated within a common framework. The ultimate result creates a standardized communications fabric that streamlines and eliminates process firewalls throughout.
Enhanced customizations in the cloud era
The utilization of custom processes used to be largely limited to enterprise reporting levels, where pre-filtered data was created within one or more main systems, then migrated, and sometimes consolidated, to act in concert with customized secondary and/or tertiary applications.
However today’s cloud ERP systems provide for intrinsic customization executed from within a common platform environment. This means that the customer can leverage an enterprise’s entire datastore, thereby accessing every element within a particular platform, thereby creating more accurate and efficient work products than ever before.
Retail ERP and the advent of DevOps
During the last 10 years academic entities and brand leaders have created and launched a number of management methodologies driven by the premise of time reduction during the ‘design-complete-delivery’ chain including the DevOps doctrine.
This management approach has further fostered enhanced operations in concert with cloud-based platforms since the nature of a centralized operating environment allows for highly flexible ways to resolve any numbers of business challenges, regardless of sector, location or need. Altogether, these values are particularly useful in the case of retail operations, since today’s market is constantly being disrupted by newly globalized customer demands.
Granted, these are only three necessary and highly-critical areas of focus in the retail environment, particularly since new opportunities relating to mobility, issues associated with the evolution of device compatibilities, on top of the continual expansion of new technical lexicons emerge on a regular basis.
Nevertheless, the concepts proffered above do create certain, and most obvious, technical guide points that any customer should become acquainted with. However, any failure to do so will likely make life a lot harder than necessary, particularly once other even more innovative systems and processes begin to appear in market.
Five retail ERP vendor red flags
If potential retail ERP vendors display any of these traits, proceed with caution!
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