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3PLs: How can Retailers Compete with Amazon?


Amazon has once again raised the bar by bringing ‘Prime Now’ delivery service to London. What can retailers do to compete?

 

Video Transcript

10 steps to creating a retail IT solution that can compete with the likes of Amazon on delivery.

 

1. Delivery Matrix

The brain of the Maginus solution is the delivery matrix it understands the availability of product a matrix of delivery options, delivery locations and addresses.

 

2. Single View of Inventory

Know exactly what you have in each location view and expedite purchase orders to manage and minimise stock outs and allow intelligent algorithms to analyse available allocated and on order stock to recommend replenishment.

 

3. Sales Forecasting by Location

Place the product as close to the point of demand as possible our accurate sales forecasting model makes this easy.

 

4. Integration

Maginus utilises the iCore software suite to enable a fast and flexible approach to systems integration.

 

5. Warehousing and Inventory Control

Our inventory management software helps make inventory easier to locate improves picking accuracy and helps you get products out the door faster.

 

6. Pick, Pack and Logistics

Manage multi-company orchestration through the one system. Maginus implement systems into complex logistic organizations providing solutions for pick pack and dispatch from one location for multiple companies.

 

7. Delivery Aggregation

Maginus has standard integration into the MetaPack platform providing businesses the best and most efficient delivery experience by offering different carrier options based upon package size, geography and service.

 

8. Point of Sale

Through the terminal or mobile tablet the shop assistants has available to them the same complex functions the customer has throughout the website or the call center operator has through CRM systems including delivery options and inventory visibility.

 

9. Business Intelligence

Maginus solutions collect a massive amount of valuable data business intelligence and graphical representation of data allows managers to explore data turn it into information in order that they can make better decisions.

 

10. Finance and Business Strategy

Having the IT solutions in place that allows accurate reporting of the financial reality of an organisation at the macro and micro level. Re-plan and restructure your business accordingly with agile systems.

 

Maginus software solutions are designed to allow retail operations to make good on their promises and to give wholesale and logistic companies end-to-end control of their order management and fulfillment processes. To find out how we can help you, get in touch today.

 

 

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