Pipol World Conference 2019 Summary

pipol

allonline365’s Pipol World Conference Summary

Pipol provides the world’s most extensive alliance of Microsoft Dynamics experts to help you with your international ERP or CRM project. Pipol has over 160 offices in more than 85 countries. They are the largest provider of consulting and implementation services based on Microsoft Dynamics. Allonline365 is a proud partner of Pipol, offering value to your business solution implementation.

Our Executive, Janine Haigh, attended the international Pipol World Conference in Vienna, Austria. Below is a summary of her experience at the event, which was insightful and informative.

This year on the 7th and 8th of October in Vienna, Austria I was given the opportunity to attend the annual Pipol World conference on behalf of allonline365.

Day one was for us partners and provided the opportunity to meet with partners from across the world and the Pipol team.

The keynote speaker, Lars Tvede, gave an interesting and thought-provoking talk on “Super trends and creativity in organizations”. This set the tone for the remainder of the day.

The Pipol team gave insights into the opportunities that the digital economy and Dynamics 365 present, but also introduced their take on how to successfully engage and create real value for international customers.

Day two was for both international customers and partners. This was hosted at the magnificent Palais Hansen Kempinski Hotel in Vienna. The Kempinski Group is a Pipol customer and they took the stage to share how Pipol had successfully supported their digital transformation journey.

The Pipol World Conference ended with dinner and a tour at the Natural History Museum in Vienna. It was an extraordinary experience that ended the conference on a high note.

It was well worth the time and any distance traveled and I would recommend prioritizing the 2020 event, as soon as Pipol release the date and location.

Thank you to Poul Kjaer, Sara-Clare Pehrson and team for this enjoyable experience. It was an informative and thought-provoking event.

www.allonline365.com

Cloud ERP: The future of enterprise technology is in the cloud

cloud erp

Written By| ERPFocus

Why cloud ERP is the future of enterprise technology

In a January ’19 report relating to the future of cloud computing offered by Forrester Research, analyst Andrew Hewitt suggests that enterprise technologists should begin to plan for the development of apps and devices in terms of homogenous, rather than previously disparate, operating environments. ” While I certainly agree with the premise, it also begs to a follow-on question which is: ‘in order to accommodate this thinking, what mechanisms can be readily applied without breaking the bank?’,” says Richard Carlton.

Well, in short, there is really only one solution robust enough to handle these needs: ERP – more specifically – cloud ERP. Consequently, let’s take a look at this assertion from the emergence of cloud solutions, and consider what it all might mean further down the road.

The rise of cloud ERP

To go back to the beginning, it should be remembered that today’s ERP platforms are largely derived from the particular needs of manufacturers in the ’60s. At that time, automated factories were becoming more prevalent, largely driven by the auto and aerospace sectors. As a result, the need to accelerate supply-chain efficiencies in order to produce and deliver things more quickly called for new ways to handle and measure materials-based operations. This, in turn, triggered the genesis of today’s resources-based technologies in the form of early-stage Materials Requirement Planning doctrines; also known as MRP.

By the ’70s MRP platforms were largely accepted by large-scale enterprises but were not generally accessible to smaller manufacturers primarily due to cost and maintenance elements related to the needs of mainframe computing. However, in 1972 a German concern called SAP was founded on the basis of a singular goal of translating the advantages of big company MRP to smaller business concerns.

Shortly afterward, Steve Wozniak and Steve Jobs launched the first Apple 1 four years later, and this confluence of technical efforts ultimately gelled in the early ’80s with the advent of the mini/micro-computing along with the emergence of new business software platforms including evolved MRP variants plus refined off-shoot called Materials Resource Planning II (MRP II), a host of financial platforms; and interestingly, the first appearance of Ashton-Tate’s Relational Database Management System (RDBMS). And so the evolution continued until the Millenium turned.

Shortly afterward, the market began to call for more and more processing power, global operations became the norm rather than the exception, and these requirements began to be additionally pressured by the emergence of mobility on both the B2B and B2C sides of most enterprises, along with other innovations such as the emergence of SaaS, PaaS, and IaaS products. Consequently, legacy ERP evolved to become ERP II and these platforms became more operational transparent leading economies of scale to kick in, thereby fostering all kinds of new ERP-like systems appearing across all industries, and more importantly, the application of cloud-based systems.

What we can expect to see from the future of cloud ERP?

In terms of cloud ERP, a host of advantages are in the offering. Some of these elements involve resource platforms as they become more universal, while communications network resources management will undoubtedly evolve from where it is today, to something bigger, better, and smarter such as holistic communications involvement of AI and/or mesh networking.

However, each tier in this constellation suggests common operating goals driven by anytime processing, supported by anywhere delivery, protected by fully-integrated, zero-downtime security systems. While these operating philosophies are being largely mandated by the market itself, the guiding resolutions of these requirements have become increasingly dependent on the intrinsic mobility of the cloud as a critical lodestone.

As users have become more dependent on clusters of devices ranging from smartphones to smart glasses, more resource-related management capabilities have emerged because of the diffuse nature of today’s global communications needs. Consequently, the cloud is really the only place where everyone can transparently hope to interact in real-time while maintaining some sense of operating security; and the only way to herd all of those cats simultaneously is to apply ‘some kind’ oof resource-based management doctrine, backed up by granular sets of software platforms.

As a result, ERP is not going anywhere and is more likely to grow in criticality rather than the inverse. Of course, no one can really foresee the future, but nevertheless, it should be an interesting ride, to say the least.

wwww.allonline365.com

What is Inventory Localization in fashion retail?

inventory localization

Blog Written By | K3 Technologies

Digital Versus Physical: Understanding Inventory Localization in Fashion Retail

Technology has made mind-reading seem commonplace by customizing our online lives. The content availed to us on various social media platforms is relevant, comfortable and familiar because of algorithms that ensure we see exactly what we prefer.

This concept is not lost on digital fashion retail platforms. They too have adopted these strategies to maintain the attention and interest of clients, and boost sales as a result. Products displayed online to customers are based upon answers to a few questions, as well as previous searches and purchases alike.

Physical stores are then placed at a disadvantage in this regard. With such personalization online, most consumers have little to no patience for the traditional style of shopping. Walking in and out of various stores while searching through racks of clothing, then fitting a  few before purchasing is tedious for the modern-day consumer. As a result, physical stores are facing extinction if they don’t adapt quickly.

The reality is that it is virtually impossible to customize physical stores in the same way as digital stores.

But Perhaps There Is A Way

Physical stores, particularly franchise stores, have always standardized everything, their products, customer service, right down to how clothes are organized in the store. This can no longer work in this digitized age; standardization is dying and localization is rising.

Localization involves using vast amounts of data collected through online platforms and from in-house staff on the ground to customize a customer’s entire experience in a physical store. This will certainly affect the strategy of inventory management retail stores employs due to inventory localization since the products carried by the stores will be informed by the unique picture painted by the data analysis.

Success Stories

Some brands have successfully implemented inventory localization for their brick-and-mortar stores. One such brand is H&M. After dealing with years of poor sales and losses due to bad market predictions, H&M employed the use of big data and analytics for nearly perfect product prediction which then helped in pricing and proper stocking of inventory. They analyzed data from product returns, loyalty cards, and receipts to better understand their clientele at each location and facilitate a suitable localization retail strategy.

Zara is another leading fashion brand that has found success in inventory localization. The brand invested in technology by attaching a microchip to each of their garments. This enables tracking all the way from their warehouse to the point-of-sale section at their stores. By analyzing this data, Zara is able to determine which designs are selling fast and need to be restocked, which ones are not and need to be pulled or re-deployed to another store. Therefore, Zara ensures that its customers in varying locations are getting exactly what they want when they want it; which is about as close you can get to the effectiveness of digital retail.

How Exactly Does This Work?

Localization requires data collection from various sources, primarily:

  • Online stores and platforms
  • In-house stock tracking
  • Sales management and staff reports
  • Receipts
  • Loyalty cards
  • Returns

Data collected from these sources is then analyzed to give a clear picture of each physical store and respond to its needs rapidly and effectively. In fact, data from online platforms can be used to provide a seamless online to an in-house experience for a customer. The customer can order an item online and come to an in-house store to fit and collect it before taking it home. Or a client can return a product ordered online to a physical store and collect their refund or replacement.

This convenience is quite appealing to the modern-day shopper and can greatly boost customer loyalty and increase revenue for the store. It is also within the reach of many apparel stores that may not have unlimited resources to collect data. By simply merging their online presence with their in-house stores (by adopting an omnichannel strategy), great improvement can be witnessed in a relatively short period of time.

www.allonline365.com

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