123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

How Can You Scale & Automate Your E-commerce Business?

Profile Picture
By Author: simplysolved
Total Articles: 3
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

E-commerce is on the boom in the UAE. Favorable tax legislation with zero corporate tax rates and a world-class logistics sector make the UAE an ideal hist jurisdiction to set up an e-commerce venture.
As a result, the UAE retail e-commerce market reached a record $3.9 billion in 2020, a 53% year-over-year increase driven by the Covid-19-led digital shift, while e-commerce accounted for 8% share of the retail market during the same year, new analysis from Dubai Chamber of Commerce and Industry has revealed.

This trend is likely to continue with special licenses and free zones such as Dubai Commercity enabling turnkey solutions. However, a storefront with a strong e-commerce user experience is just a start.

Succeeding in a competitive market is dependent on many factors including product line, stock management, pricing, logistics, responding to market trends, differentiating the digital presence, online visibility, and speed of service are amongst a few. Efficiency, performance management, reporting, and agility are prerequisites to sustainable growth and enabling any venture to grow into new geographic markets.

Apart ...
... from the many advantages over a physical store, operating an online store requires the ability to optimize all your internal process workflows and reporting. The ideal way to achieve this is by integrating an online store with an ERP to control end-to-end processes.

By integrating these two systems, many business tasks can be automated for more efficient operations. ERP systems are designed to fully control all internal processes from sales, purchasing to financial reporting and all processes in between. Connecting and automating all business and data workflows brings superior control and efficiency.

In this blog, we will look at the reasons why you need to integrate your ERP into your E-commerce site sooner rather than later.

Some of the main reasons why you should consider integrating your e-commerce and ERP are:

1. Customer Management: Every business aims to provide its customers with quick and efficient service. By integrating your ERP system with your e-commerce, you can take advantage of real-time integration, while also keeping in close contact with your customers and vendors. Automating tasks allows you to collect customer data, make product collections, and ship products faster.

2. Effective and Efficient Inventory Management: Inventory plays a vital role in any company but is especially important in e-commerce companies. Integrating ERP software with e-commerce enables you to manage inventory more efficiently to manage product pricing, promotions, and stock availability up to date. Furthermore, order fulfillment is faster with an ERP system, so orders are not accumulated and customers can receive goods faster.

3. Reduced time and cost: It becomes increasingly difficult to effectively manage your operations with the marginal cost of operations and control your resources as your business grows. Integrating online with internal operations will help to reduce costs and time. Warehousing, logistics, and shipping can be integrated into one flow and reported on manage performance and report to customers.

4. Enhance transparency and reporting: Connecting dataflows eliminates entering the same data in different systems or excel. This will reduce the chance of duplicate data and orders are fulfilled faster and without any errors. The seamless flow of data from your e-commerce platform into your ERP will allow for advanced reporting hence allowing you to manage your time and cost as it automates the management process.

5. Accurate accounting and invoicing: ERP integration with e-commerce allows you to coordinate your accounting and invoicing, two essential financial functions for businesses. The business process would include an order being placed on the e-commerce platform being pushed into the ERP where the inventory is updated, invoice and delivery notes are generated automatically. This means that financial data is populated in the accounting module with little or no human interference which ultimately results in inaccurate financial reporting.

Integration between these two platforms or extending an ERP to online is a business-changing decision. This can provide immense competitive and operational benefits. It is critical that you place strategic weight on its impact sooner rather than later to give your business venture every chance of success and scale with minimal cost.

Total Views: 596Word Count: 665See All articles From Author

Add Comment

Business Articles

1. What Are The Qualities Of A Good Security Guard?
Author: Logan Hartley

2. Organic Yeast Market: An Exclusive Study On Upcoming Trends And Growth Opportunities
Author: Lucintel LLC

3. Enzymes Market Is Projected To Reach $14.7 Billion By 2025
Author: MarketsandMarkets

4. Why Is Al Maya The Best Food Distributor?
Author: jessicafourie

5. Apm Commercial Paving And Parking Lot Paving Bay Shore Ny
Author: apmcommercialpaving

6. Top 5 Child Nft Artists Who Are Ruling The Industry
Author: alicia adley

7. A 3-minute Read On The Uber For Massage Services App Development
Author: Clara Fernandas

8. Why Do Most People Like Interior Design?
Author: The Archspace

9. Decorative Flooring Services
Author: floorkrete

10. Best Store For Wholesale Junior Clothing
Author: Bonnie Hill

11. Medtronic Newsletter
Author: haven smith

12. Benefits & Features Of Astronomical Street Light Timers
Author: AEPL

13. Lucintel Forecasts Mycotoxin Testing Market To Reach Grow At A Cagr Of 6%-8% From 2020 To 2025
Author: Lucintel LLC

14. Global Manager Group Celebrates Thanksgiving And Blackfriday With 20% Discount Offer On Documents And Training Kits
Author: Global Manager Group

15. Sit, Stand, And Move: The Advantages Of Height-adjustable Desks
Author: samaira reddy

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: