As professionals in the commerce logistics field, you’re no stranger to new challenges that arise with consumer trends and behaviour, especially with the surge in e-commerce activity. Customers have high expectations – from online to physical storefronts, the consistency in their journey across all touchpoints is paramount. And this is where omnichannel comes into play.
But what does “omnichannel” mean for your business? Put simply, it’s about providing a consistent and convenient experience for your customers with interconnected touchpoints on and offline that cater to the diverse preferences and behaviour of the modern consumer. This consistency defines the essence of omnichannel commerce, streamlining the customer journey like never before.
Achieving this fluidity is absolutely doable, but it does come with challenges that can be overcome. Fulfilling orders across various channels, managing inventory effectively, and integrating disparate carrier systems can feel like navigating a complex maze. Now with the boom in social commerce especially on platforms like Instagram and TikTok that are becoming significant sales channels in their own right – adds another layer of intricacy.
Challenges of OmniChannel Commerce
We’ve picked out 4 key challenges when it comes to optimising fulfilment of orders across multiple sales platforms.
- Inventory Management: Keeping track of stock levels across all sales channels is vital. Stock shortages can disrupt the customer experience and result in missed opportunities for sales and unhappy customers.
- Order Orchestration: Coordinating orders from different channels demands streamlined data management as well as well-defined workflows to ensure orders are fulfilled accurately and promptly.
- Disparate Systems: Integrating your system across various on and offline platforms for sales, inventory and shipping can create data silos, complicating your operations and hindering efficiency.
- Carrier Management: Coordinating with multiple shipping carriers especially across individual platforms, demands significant time and resources. It involves selecting the best option for each order, negotiating pricing, ensuring timely delivery and resolving issues.
The Rise of Social Commerce and its Challenges:
Now we have another layer of commerce added to the mix – the explosive growth of social commerce. Instagram and TikTok boast billions of monthly active users and are emerging as significant sales channels. Yes this brings vast opportunities for business growth it can also bring challenges to logistics which professionals need to consider and address before jumping straight in!
- Impulse Purchase: We all know the term “viral” and social media tends to spur impulsive buying decisions that result in fluctuations in order volume and added pressure on fulfilment resources.
- Consideration – Evaluate your inventory management strategies to accommodate sudden spikes in order volume.
- Fast and Reliable Delivery: Everything is instant and today’s conditioned consumer behaviour is accustomed to having their order yesterday. The demand for swift and dependable delivery for their social media purchases places businesses under pressure to meet tight deadlines.
- Consideration – What’s in your shipping arsenal? Assess your existing shipping logistics and carrier relationships. Do you have more than one carrier to optimise delivery times? Can you get orders out the door by the deadline? Evaluate your shipping capabilities and infrastructure to ensure you can meet the expectations of fast and reliable delivery in the era of social commerce.
- International Shipping Regulations and Compliance: Social media’s global reach means attracting customers worldwide, but shipping internationally brings its own level of complexity. Diverse shipping regulations demand clear communication to ensure accurate delivery and minimise errors.
- Consideration: Before expanding your shipping reach internationally through social platforms, assess if you have the appropriate carriers in place for fulfilment. Do you have the correct customs information and have a streamlined process for quick customs clearance that meet the expectations of the customer?
OneShip™: The NetSuite Shipping Solution For OmniChannel Commerce
As businesses navigate the complexities of omnichannel commerce, the need for efficient and integrated shipping solutions becomes paramount. OneShip is a NetSuite SuiteApp, a cloud shipping solution designed to streamline and automate your shipping operations.
Here’s how OneShip can support your omni-channel fulfilment:
- Inventory Visibility and Control: NetSuite already has a robust inventory management feature. With adding OneShip into your NetSuite platform your visibility and control is further optimised with live inventory updates feeding into OneShip, giving you real-time visibility into available stock quantities that facilitate a streamlined fulfilment process.
- More Shipping Options With Prebuilt Connects: OneShip gives you access to over 100 prebuilt connections with the UK and EU’s leading carrier services, eliminating the need for costly integrations that can reach into the 5 figures each time you switch carriers! These prebuilt connections can eliminate siloed carrier platforms and give your business the freedom to make strategic decisions without budget or time constraints, enabling you to adapt quickly to evolving marketed demand and enhancing your shipping capabilities.
- Enhanced Tracking And Visibility: Offering real-time tracking information is crucial for monitoring shipment progress and maintaining excellent customer experience. With OneShip, tracking links are instantly saved and stored directly into NetSuite, providing quick and easy access to all carrier tracking information.
- Bulk Label Printing: Navigate through viral fluctuations with ease using OneShip’s bulk shipment processing feature. Whether processing orders individually or in bulk, OneShip automates the process with just one click to generate shipping labels. Say goodbye to manual data entry into external carrier platforms, saving your team significant time and effort. By streamlining operations, OneShip minimises administrative errors and ensures timely fulfilment of orders.
OneShip empowers businesses to overcome the challenges of omni-channel fulfilment and position themselves for growth in today’s ever-changing market landscape.
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