Before we dive into the details, let’s start with the basics: what does omnichannel mean?
Amit Levy, Made4net’s EVP of sales and strategy shares:
“Omnichannel refers to a strategy that integrates multiple sales channels, such as brick-and-mortar stores, e-commerce websites, mobile apps, and social media platforms, to provide customers with a unified and consistent shopping experience. Unlike traditional multichannel approaches, which may operate in silos, omnichannel ensures that each channel is connected and synchronized.”
Successful omnichannel operations rely on sophisticated fulfillment strategies. These strategies involve efficiently managing and delivering customer orders across multiple channels and distribution points. Inventory, order processing, and shipping systems must be integrated to ensure that customers can access products through their preferred channels, such as online, in-store, or via mobile apps, and receive them without issue. At the end of the day, omnichannel success can be gauged by the ability to fulfill a variety of orders accurately, in the shortest amount of time, and for the lowest cost per unit shipped.
Most companies will need to fundamentally transform their supply chains to deliver omnichannel excellence. With that in mind, Made4net reached out to a team of industry experts for their insight into operational challenges and fulfillment strategies to tackle them. In this whitepaper we’ll cover their top tips and examine some real world success stories.