The article I choose to talk about today is the article from
information weekly and in this article it talks about how Microsoft just released
a product called the Dynamics AX 2012 and it is a type of product that many retailers
will benefit from very much because not only is it an industry specific version
for vendors flagship ERP system that is designed to elimate barriers that many realtors
are held back by but it does a lot more like it eliminates data silos by combining point of
sales, inventory, supply chain, and financials into one application but you can
customize it to your specific type of business whether it’s a vendor or a big
chain store. Another thing it can do is give current economic conditions so
then realtors can make it easier for customers to buy whether that’s in store
or online or even by mobile device. So basically what this does is it makes it
easier to monitor customer buying habits and behavior and have the ability to
manage inventory across many channels so then you’re not stuck on one channel
to work with. Another thing that this does is it eliminates back end silo
problems and provides built in intelligence capabilities that you can then analyze
and change what is needed so then you can sell more to the customers
everywhere. http://youtu.be/XQK1sZGkgvg
The AX 2012 for retail multichannel management capabilities ensure
that promotions delivered through mobile devices or social channels will be
recognized and redeemable through the in store POS system which would be
similar to the option of ordering in store and have it shipped or same day pick
up from a purchase online. Now I think that this new technology is one of the
most innovative and creative and smartest things I have heard of coming out in
a while because I think not only will it make shopping less of a nightmare for
the customer whether it be online or in the store but I think it will also make
it a lot easier for the company to keep up with the demands of their customers
because now with this software they can keep track of inventory better but also
they can sell more stuff to more people because now they have a much wider
customer base.
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