Category: Retail

Ultimate Guide to Business System Integrations

Graphic depicting different connected systems

In today’s fast-paced business landscape, the need for seamless communication and data flow between various systems within an organization has become paramount. Gone are the days of siloed information and disjointed processes that hinder productivity and innovation. The solution? Business system integrations.

Before diving too deeply – it is important to understand the “before” state for organizations’ lacking system integration and the pain points they often bring. Lacking business integration commonly includes challenges such as fragmented data silos, inefficient workflows, manual data entry errors, and the inability to adapt to evolving business needs swiftly.

These pain points not only hamper operational efficiency, but also hinder strategic decision-making and impede overall growth.

In this comprehensive guide, we’ll cover the intricacies of business system integrations, from understanding pain points driving organizations to integrate different systems, the options for system integration, to exploring the key steps and considerations involved in the implementation process.

Key Points

  1. What is business systems integration?
  2. Types of business system integrations
  3. Benefits of integrating business systems
  4. Steps to follow before implementing
  5. Optimal features to consider when evaluating integration solutions

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

What is business systems integration?

At its core, business systems integration refers to the process of connecting disparate systems and applications within an organization to streamline and simplify data flowing from one place to another.

The ultimate goal is to create a cohesive ecosystem where data flows seamlessly between internal IT systems and third-party applications. This functionality ultimately fosters improved collaboration, efficiency, and decision-making capabilities.

Types of Systems

Business systems integration encompasses various types of systems, including but not limited to:

  • Enterprise Resource Planning (ERP) systems: These are comprehensive platforms managing core business processes such as finance, HR, inventory, and supply chain operations. Common examples include Oracle Netsuite and SAP S/4HANA.
  • Customer Relationship Management (CRM) systems: Solutions like HubSpot and Salesforce help businesses manage interactions with current and potential customers.
  • Supply Chain Management (SCM) systems: These platforms optimize the flow of goods and services from suppliers to customers.
  • Human Resource Management (HRM) systems: Tools like Workday streamline HR processes such as payroll, recruitment, and employee management.

Role of APIs

Application Programming Interfaces (APIs) and connectors play a crucial role in facilitating seamless data exchange between these different systems. APIs allow systems to communicate with each other, enabling the transfer of information in a standardized data format, while connectors act as bridges between incompatible systems, ensuring smooth integration.

Types of business system integrations

While there are numerous integration models and methods – hub and spoke, point-to-point, star integration, and ESB – three primary types are to be considered:

  1. Enterprise Application Integration (EAI): This approach focuses on integrating various applications within an organization using middleware platforms. Examples include Integration Platform as a Service (iPaaS), like Digibee, and Enterprise Service Bus (ESB).
  2. Data integration: Data integration involves consolidating and harmonizing data from disparate sources to provide a unified view. Solutions like Informatica and SnapLogic are popular choices in this category.
  3. Electronic document integration: This type of integration focuses on automating the electronic data interchange for documents such as invoices, purchase orders, and contracts between systems. Solutions like MuleSoft and Dell Boomi excel in electronic document integration.

Benefits of integrating business systems

The benefits of systems integrations are extensive and should be carefully considered for organizations looking to achieve interconnectivity for a variety of reasons:

Enhanced Data Accuracy:

By eliminating manual data entry and minimizing errors, integrations ensure that data remains accurate and consistent across systems.

Improved Efficiency:

Integrations streamline workflows and automate repetitive tasks, boosting productivity and reducing turnaround times.

Scalability:

Integrated systems can easily scale to accommodate growing business needs, retire legacy systems, and keep pace with new technology requirements.

Reduced Operational Costs:

By streamlining processes and improving efficiency, integrations help organizations lower operational costs and optimize resource utilization.

Improved Customer Experience:

Seamless integrations enable organizations to deliver personalized and timely experiences to customers by providing businesses with a 360 customer view, enhancing customer satisfaction and loyalty.

Risk Mitigation:

Integrations facilitate regulatory compliance by ensuring data integrity and security – thereby reducing the risk of non-compliance penalties.

3 simple steps to take before implementing a business systems integration

Before embarking on a business systems integration journey or any integration project, organizations should undertake the following steps:

  1. Pull in relevant stakeholders: Engage stakeholders from across teams and external partners to define project goals, identify risks, and develop a comprehensive plan.
  2. Analyze current systems: Evaluate existing systems – legacy systems and modern – to understand their capabilities, limitations, and compatibility with potential integration solutions. Identify the integrations that would need mapping to understand what solution would provide the best compatibility.
  3. Consider scalability and future growth: Anticipate future business needs and scalability requirements to ensure that the chosen integration solution can adapt and grow alongside the organization. New technologies are constantly emerging. Ensure you choose an integration solution that easily integrates with modern solutions, staying innovative and maintaining future growth.

Key features to consider in evaluation

While organizations have the option to build integration solutions from scratch, there are plenty of vendors, like Digibee, that offer a best-in-class SaaS solution. When evaluating purchasing integration solutions, consider the following key features:

  • Complexity of implementation: Choose a solution that aligns with your organization’s technical expertise and implementation timelines.
  • Integration capabilities: Ensure that the solution supports seamless integration with a wide range of systems and applications.
  • Day-to-Day management: Evaluate the ease of managing and maintaining the integration solution, including monitoring, troubleshooting, and updating. You don’t want a solution that is more time-consuming than productive.
  • Support: Look for vendors that offer responsive support services to address any issues or concerns that may arise during implementation and beyond.
  • Data governance: Prioritize solutions that provide robust data governance features to ensure data integrity, security, and compliance.
  • Cost: Consider the total cost of ownership, including upfront licensing fees, implementation costs, ongoing maintenance, and support fees.

How Digibee can help

As organizations navigate the complexities of business systems integrations, partnering with a trusted integration platform provider like Digibee can streamline the process and drive success.

Product Overview

Digibee is a powerful iPasS that simplifies the integration of disparate business systems and applications. The most efficient, scalable way to facilitate integration projects is with an integration platform as a service, or iPaaS, such as Digibee.

An iPaaS is a platform developers use to build and manage integrations on scalable architecture—it replaces outdated integration options like ESB and includes features like reusable components, a low-code interface, managed infrastructure, prebuilt integrations, and enterprise support. 

Unlike some of its predecessors, Digibee’s iPaaS doesn’t require specialized training or a long implementation. On the contrary, it speeds up digital transformation projects by automating and simplifying the development workflows needed to connect legacy systems and cloud applications in one unified system. 

Digibee is different in that it is the only integration platform that scales application integration workflows while reducing cost, technical debt, and the burden on development teams. It allows developers to quickly build, test, deploy, govern, and monitor integrations across on-premises systems and cloud environments—they can then use the platform in tandem with API management and ETL tools for full synchronization across the organization.

Digibee is a born-in-the-cloud integration platform, that modernizes how enterprises connect applications, data, processes, and people. The integration platform includes:

Digibee in Action

Digibee has helped numerous organizations streamline operations, enhance efficiency, and drive innovation through integration across a multitude of industries including retail, manufacturing, and hospitality:

  • Helped a hotel chain reduce guest wait times by 80% and operating expenses by 300k annually
  • Integrated a new secure e-commerce platform for retailer Payless across more than 200 stores, in 15 countries, in less than 30 days
  • Enabled an ERP cloud migration for Bauducco – simplifying and modernizing existing legacy systems and integrations while saving $2 million on project costs

Take a Tour

In conclusion, business systems integrations offer a myriad of benefits, from improving efficiency and data accuracy to enhancing customer experiences and ensuring compliance. By following the key steps outlined in this guide and evaluating integration solutions with care, organizations can embark on a successful integration journey that drives growth, innovation, and competitive advantage.

Ready to revolutionize your business systems integration journey? Schedule a demo or, if you prefer, take a tour of Digibee’s platform to discover how it can help with system connectivity in your own organization.

ESB or iPaaS: Which is Better for a Retail IT Integration?

Are you a retailer struggling to find the best solution for your IT integration? You need something that is agile enough to scale during peak periods and retract during slower cycles–a workable system that will integrate legacy on-premises architecture with cloud-based applications. 

Most importantly, you need IT infrastructure that delivers the best omni-channel customer experience (CX) while managing massive levels of big data across multiple locations. That’s a tall order. No wonder it’s keeping you up at night. Your decision will have lasting effects on your company. The wrong move could hit the bottom line hard.

It’s time to ease the pressure. These days, IT integration solutions are flexible enough to make it easy on you and your entire IT team. Enterprise integration platform-as-a-service (iPaaS) solutions allow retailers to integrate all types of IT infrastructure, whether on-premises solutions, cloud-based applications, or hybrid systems.

The past shortcomings of legacy point-to-point (P2P) solutions and on-premises enterprise service bus (ESB) integration models don’t have to limit your IT architecture anymore.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

IT Integration Shortcomings of the Past

You may be working with legacy P2P solutions that only connect two applications directly, so you’re dealing with so-called ‘spaghetti code’ with complex intertwined systems that don’t have a central way to communicate with each other.  
 
Maybe you have a more recent system, if by recent you mean the 1990s, when ESBs came onto the scene as the newest integration tool. Sure, ESBs offer more functionality than P2P models, because the bus-like hub structure of an ESB enables connections with multiple applications. However, technology has come a long way since the ‘90s. ESBs were originally developed before cloud-based applications existed and are usually limited to on-premises architecture since they don’t work well with cloud-centric or hybrid systems.
 
ESBs are also expensive and take a lot of time to establish because IT experts often need specialized training or certification to develop and maintain ESB integration systems.
 
Lastly, the limited capabilities of P2P and ESB methods reduce a retailer’s access to and use of big data, or ad-hoc queries based on that data, which are critical to retailers who want to provide a high-level omni-channel customer experience (CX).

Propel Your Retail or Ecommerce Business into the Future with Enterprise iPaaS

An enterprise integration platform-as-a-service (iPaaS) is more agile than traditional P2P or ESB integration models. An iPaaS solution has the capability to connect on-premises, cloud-based, and hybrid application systems, providing much more flexibility, functionality, and scalability than a P2P or ESB model.
 
An iPaaS solution is also intuitive, so rather than needing high-level IT experts writing professional code (pro-code) for P2P or ESB models; all levels of IT staff can manage a low-code iPaaS platform with very little training required. You can make a direct comparison of pro-code versus low-code models to discover the best solution for your integration strategy.
 
A subscription-based iPaaS model is less expensive, more flexible, and much more scalable than legacy P2P or ESB methods. Plus, implementation is significantly faster with a cloud-centric iPaaS versus other integration methods, helping retailers gain faster time to value with IT integrations.

Discover Digibee’s Enterprise iPaaS in Action

Digibee provides a fast and streamlined IT integration experience. Digibee’s easy-to-use enterprise iPaaS is a cloud-native, enterprise-ready integration platform that accelerates time-to-value, mitigates risks, and helps reduce IT costs. Discover how the efficiency and agility of Digibee’s iPaaS delivered immediate results for international retailers.

Digibee effectively integrated more than 14 legacy systems for the largest manufacturer of baked goods in Brazil. Bauducco Foods has five manufacturing units, 12 branches, and seven distribution centers. Its retail division, Casa Bauducco, has more than 80 stores, with more than 180,000 points of sale in Brazil.

Digibee’s iPaaS integration implementation instantly connected and streamlined Bauducco’s existing cloud-based and legacy systems, eliminated manual inputs and data errors, managed and reduced risks, and provided greater stability throughout the IT environment. Digibee did all of this with zero downtime and a 30% reduction in project time and cost.

Digibee also integrated a secure iPaaS e-commerce platform for global shoe retailer Payless Shoes across more than 200 stores in 15 countries. The implementation took less than 30 days, despite each country having different fiscal and legal requirements. The iPaaS system easily handles seasonal spikes for the busy retailer, and provides better efficiency, transparency and security across the retail enterprise.

What Digibee Can Do For Your Enterprise Retail or Ecommerce Business

Digibee’s subscription-based iPaaS will connect all of your legacy P2P and ESB systems as well as any cloud-based applications. It also streamlines your operation, supporting an omni-channel CX, unlocking big data capabilities, easing pressure on your IT team, reducing integration costs, and improving your return on investment (ROI). What are you waiting for?

Discover the Digibee difference. Learn how to integrate and modernize your enterprise with Digibee’s integration platform-as-a-service (iPaaS). Book your choice of a discovery call (15 minutes), custom demo (30 minutes), or a deep dive (60 minutes) to learn more.

Composable Commerce: Is Ecommerce Integration Really a “Must”?

Composable commerce is a concept that has gained substantial popularity in the last several years, and is poised to be one of the critical business differentiators in the year ahead for retailers. While the concept of composability fundamentally resonates with IT professionals, the devil is in the details (as it always is).

How do you define composability when specifically applied to ecommerce and retail tech? How do you define the benefits of composable commerce – and the risks of not moving towards composability?

And most importantly, what can you actually do today that will start the transformation from monolithic to composable?

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

What is Composable Commerce?

In contrast to the more traditional monolithic commerce platforms that package every part of a digital commerce solution into one large computing network, composable commerce runs on many microservices, each handling a distinct system function.

It usually incorporates headless commerce, which separates the front-end presentation layer from the back-end ecommerce functionality, and then further subdivides the back-end into separate microservices that each perform a discrete task such as inventory management or a payment gateway. 

That’s the what, here’s the why: breaking a system down into these separate microservices gives businesses freedom to select the best individual components for their specific business needs, and the flexibility to easily modify or swap them out in the future without serious rework needed to the rest of the system. 

This has never been more critical than it is today. No industry has withstood the challenges of change more than retail has over the past few years. And we all know that rapid change is now a constant. The retail organizations that are “winning” are the ones who can adapt quickly, as are the ones that are farther along the path to Digital Transformation.

Let’s dig into the role composability can play in 2023.

Why is Integration Critical to Composable Commerce?

To be successful, not only must each individual microservice be well-thought-out, but also how it communicates with every other microservice within the system.

Without intelligent ecommerce integration, this communication between components has to be managed at an incredibly granular level, exposing a business to several serious complications in the following ways:

1. Not-so-seamless Customer Experience

In composable commerce, a typical customer journey will touch upon many different microservices, often even crossing different online channels. Without integration, your customer’s journey can become disjointed and lead to frustration and disappointment for them, and missed opportunities for you. 

For example, if your CRM and email marketing components aren’t aligned, prospects may receive an email that alerts them of a sale that their region is ineligible for. If inventory management isn’t updating your ecommerce platform in real time they could purchase an item that is out of stock and the order then has to be canceled. 

2. Low Visibility

A composable system has a lot of little things going on at once, and without strong integration a company can quickly find themselves in a data situation where they “can’t see the forest for the trees”. This leaves them at a severe disadvantage when trying to make business decisions that provide true customer value.

Essentially this is the business-facing version of the “Not-so-seamless customer experience,” where the business has limited insight into their customer’s overall journey, and can only see these interactions at a component level. 

3. Reduced Adaptability & Increased Cost

The ability to quickly assemble (and reassemble) the best components for your business needs is one of the primary reasons to choose a composable commerce architecture. As you add or remove technologies to compete where your customers are, speed and flexibility are key. This is also true of partners. As you integrate with suppliers, marketplaces and other platforms and software to advance your digital strategy, your integration ducks need to be in a row. 

This required adaptability is easily eroded without ecommerce data integration. Managing a network of custom built integrations built on legacy technologies is time consuming, complicated, and prone to unforeseen errors. 

What to Look for When Integrating Composable Commerce

The platform you choose for integration needs to prevent the above scenarios through simultaneously addressing the volume of discrete microservices to manage, and maintaining the flexibility and adaptability so integral to the composable commerce approach. 

Look for an integration platform that is:

  • Data-Agnostic – A good ecommerce integration platform is data-agnostic and brings disparate data sources together into one cohesive and accessible space. This maintains your freedom to use whichever services you need now. 
  • Reusable & Customizable – To truly be composable, the system has to be modular and easy to reconfigure. Having reusable components as part of your ecommerce integration means developers don’t have to start from scratch with each new microservice you add, keeping speed high and costs low.
  • Reliable – In composable commerce there’s a long list of different components to monitor to ensure their reliability to meet business needs, but that doesn’t happen if your ecommerce integration tool isn’t up for the job! Choose an ecommerce integration platform that is capable of flagging issues with pipelines in real-time to minimize risk and disruption to your customers. 
  • Secure – More connections can mean more security vulnerabilities, so ensure that your ecommerce integration tool has strong security protocols that prevent unauthorized access to your platform. 

Get the Most from your Composable System with Digibee 

The core philosophy of composable architecture is one that Digibee has truly taken to heart. Our modular iPaaS is purpose-built to increase freedom and adaptability to support a composable commerce system, or even to support your transition to one. 

If you’re interested in how Digibee can help your organization evolve to a modular IT environment, we’d be happy to show you how. Book your choice of a 15-minute discovery call, 30-minute custom demo, or a 60-minute deep dive to learn more.

ESB vs iPaaS: How to Choose the Best Solution For Your IT Integrations

Business and IT leaders struggle with complex – and often pricey – IT decisions that have significant and lasting effects on their companies. The IT landscape is constantly changing, so it can be difficult to know what’s best for right now and for the future. The wrong decision could hit a company’s bottom line hard and cause ongoing headaches that are entirely avoidable.

This article compares Enterprise Service Bus (ESB) models with integration-as-a-service (iPaaS) solutions for today’s integration needs. For a fair comparison, first, you should understand the difference between ESB and iPaaS.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

What is ESB and is it already obsolete?

An Enterprise Service Bus, otherwise known as an ESB, is a type of IT architecture that allows multiple applications to communicate through a hub or bus-like infrastructure. What is Enterprise Service Bus and what does ESB mean for your IT integration?

An ESB integration basically establishes principles and rules that guide the communication capabilities of different applications.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

Customer Experiences: Putting Your Technology Where Your Mouth Is

Delivering an exceptional, personalized customer experience (CX) requires more than a whizz-bang website and an intelligent chatbot (as engaging as these may be). The reality is that the customer experience is ongoing and forever.

Yes, the biggest hurdle is converting an initial website or store visit into a sale, but the CX doesn’t end there. It’s really just beginning.

How a Unified Retail Commerce Model is Reshaping the Industry, According to Gartner®

Successful retailers are resilient, able to respond to changes in the market with agility and poise. In recent years, the role of technology has proven to be the biggest differentiator, enabling retailers to easily accommodate the unexpected, while less prepared entities simply fade away.

But with new technology and business models comes new methods in how we measure business and performance outcomes. 

In a recent Gartner report, analysts examine this shift. The research emphasizes the role of strategic CIOs and other leaders in creating new, digital KPIs that measure and quantify progress, informing important decisions, and ensuring the success of the business. 

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

The Information Age of Retail: Data, Data Everywhere

Retailers are firmly on board the digital transformation train, reinventing how they do business to delight consumers with omnichannel and personalized experiences. Gone are monolithic technology stacks, replaced with agile and composable architecture models that support the success of the business today and into the future.

However, in the rush to digitize, many retailers overlook the unprecedented volumes of data these new (and existing) technologies generate. While plenty of thought is invested in optimizing the customer experience (CX), establishing how to manage the storage and analysis of so much data is often an afterthought.

In this blog post, we examine the different types of data generated within retail, the new technologies that increase the load, and the strategic importance of managing data for a healthy and profitable business. 

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

Retail Data and Why It Matters

Retailers generate data across the entire operation, front and back. Every pick, click, and customer interaction; every SKU, sale, and shift in inventory generates more data that must be managed.

There are three categories for retail data, depending on the source:

  • Structured data is organized and usually stored in a database, file, or spreadsheet. Examples include point-of-sale, inventory, product hierarchies, etc.
  • Unstructured data is not organized and is saved in its native format. Examples include customer reviews, location data, tweets, pictures, hashtags, etc. 
  • Semi-structured data straddles both categories. It is not captured or formatted using conventional methods. However, there may be information associated with the data, such as metadata tagging. Examples include emails, XML, zipped files, etc.

Once combined, the collective is referred to as Big Data, with emphasis on the “big”. 

Consider the world’s largest retailer: Walmart. The company collects 2.5 petabytes of unstructured data from one million customers every hour. Add to this the data generated by 245 million customers visiting 10,900 brick and mortar stores, supplemented with 10 active websites, and the scope of the company’s Big Data is astounding.

The collected information serves Walmart well. For example, in-house analytics systems analyze close to 100 million keywords each day to optimize bidding, factoring in millions of products and hundreds of millions of customers from a range of sources. On this single data initiative alone, Walmart has produced a 10-15% increase in online sales for $1 billion in incremental revenue.

Getting Your Data House in Order

Although few companies compete at the level of a Walmart, the need to collect and integrate data from a range of data-generating components is an absolute requirement for digital transformation, regardless of retailer size.  

Enterprise integration is a critical enabler in achieving these outcomes, streamlining the collection of structured, unstructured, and semi-structured data across the operation to contribute to a Big Data collective.

A good example is Payless, an international, self-serve footwear retail chain, with almost 4,500 stores in 30 countries. The retailer implemented enterprise integration platform as a service (eiPaaS) technology to connect a new e-commerce platform within its existing retail infrastructure. 

The result is a seamless flow of data to and from the system, supporting a consolidated database for better analytics and insights. With a contemporary e-commerce platform firing on all cylinders, Payless is able to provide an improved customer experience, even during surges in sales on Black Friday and other high-volume days. 

With enterprise integration, retailers benefit from a rich store of ever-green data they can continually analyze to uncover meaningful insights. These include:

  • Personalized customer experiences
  • Trend and spend predictions
  • Forecasting demand
  • Pricing optimization
  • Customer journey insights

New Retail Tech = More Data

Even after your data house is in order, the work doesn’t stop. More customers mean more digital interactions, spawning even more data. Most impactful is the adoption of nascent technologies, a key enabler for digital transformation initiatives. 

Today, ecommerce websites and remote interactions generate the biggest share of retail data. However, brick and mortar stores have become data generators in their own right. Here are just a few examples of innovative instore technologies entering the retail domain that contribute to Big Data:

Digital & curated shopping

The Nike NYC House of Innovation store provides shoppers with an immersive, digitally powered experience including interactive geozones that are navigated by scanning QR codes via mobile phones. 

(Photo credit: Nike)

The space includes a Nike Speed Shop, where customers reserve items online, then try them on and buy them in-store. Pre-selected merchandise is placed in lockers that the customers open with their smartphone.

The store also has a customization space where shoppers personalize products with the colors and features they want.

Automated checkout

Everyone’s familiar (though maybe not enthralled) with self-checkout kiosks. Automated checkout is upping the game, with computer vision, deep learning, and sensor fusion technology to automate payment and checkout. 

(Photo credit: Amazon)

Amazon is an established early adopter, where customers enter a store, select items, and leave without queuing or checking out. Payment is automated via the Amazon Go app.

Inventory Analytics Robots

The adoption of new technology isn’t limited to customer interactions. Sam’s Club relies on automated powered robotics with artificial intelligence operating systems to analyze shelving units across its stores. 

(Photo credit: Sam’s Club)

Retail-Sams-Club-powered-robotics

Data collected is used to verify pricing accuracy, confirm product locations versus the floor plan, and monitor stock levels. 

Though radically different in terms of tech and use cases, all of these innovative retail technology models have one thing in common: data. And plenty of it. 

Managing so many diverse data sources has become a business imperative, providing retail organizations with insights that help inform important decisions, today and in the future.

Digibee eiPaaS technology enables a resilient and agile data strategy that easily grows with your organization, regardless of size or scale. We help our customers evolve their business, leveraging Digibee’s low-code eiPaaS to integrate modern systems with existing technologies, streamlining the flow of data across the operation for a singular view of the business.

If you’re interested in how Digibee can help your retail organization, we are happy to show you how. Book your choice of a discovery call (15 minutes), custom demo (30 minutes) or a deep dive (60 minutes) to learn more.

3 Ways Retail IT Solutions Can Help Improve Customer Experience

Graphic of bar chart

Customer experience is the key to unlocking profit in the retail industry. While keeping shoppers happy with your brand has always been a high priority for retail organizations, its importance has reached unprecedented levels.

And as economic uncertainties persist across the US and around the globe, the ability to deliver the optimum experience consumers expect in exchange for their business has become a matter of life or death for many businesses. So how do you optimize your customer’s experience – and what is the role of IT in retailing?

woman-checking-inventory-retail-warehouse-online-sales

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

Examining the Retail Tech Landscape

Technology is simultaneously retailers’ most powerful asset and greatest foe. Established brands face new competition from digital natives that disrupt traditional business models with direct-to-consumer options. Technological developments in every other aspect of their lives have led shoppers to demand personalized service, rapid responses, and experiences customized to their individual needs and interests.

2022 was a year of digital transformation for many retail brands, and 2023 promises more of the same as companies embrace:

  • Click and collect shopping options
  • Data-based personalization
  • Omnichannel commerce
  • Artificial intelligence and virtual reality
  • Links to external marketplaces
  • Emerging tech like NFTs and the Metaverse

Digital technology and retail have become inseparable. Brands must embrace tools that increase efficiency and personalization to meet customers where they are – or resign themselves to obsolescence.

3 Steps to Improve Customer Shopping Experience

That list of trends and advances in retail tech may seem daunting. If your brand is still struggling to balance in-person service with ecommerce and social shopping, how will you possibly leverage virtual reality or the metaverse?

One step at a time, that’s how. Regardless of where your brand currently lives on the spectrum between legacy brick-and-mortar and fully virtual, here are three key steps to help you deliver the retail customer experience your shoppers demand.

1. Modernize Your Architecture

Identify where and how your IT architecture is holding you back from leveraging new tools and trends. Is your data still locked up in silos that prevent brick-and-mortar teams from seeing how shoppers engage online? This is a major roadblock that must be moved. Ensuring all your systems are connected and communicating – a shift to cloud-based tools and applications will support this – has a significant impact on the customer experience you deliver.

GJP Hotels & Resorts knew there was a problem when customer complaints about the lengthy check-in process increased. The negative customer experience threatened the company’s future – and they took action.

The company leveraged Digibee’s eiPaaS to integrate their existing property management tools and systems with self-serve digital portals that reduced customer wait time by 80% and complaints by 100% in the first year of deployment.

 2. Empower Your Team

Maybe you’ve already started to access new retail IT solutions. But new tools often come with added deployment and maintenance requirements. Are you dependent on an external vendor to help you keep pace with digital natives? Or is the race to combine digital technology and retail putting increased load on your already overworked development team?

The IT skills shortage that developed post-pandemic is likely to persist, so a crucial part of optimizing CX is ensuring your organization can keep pace with new trends and market changes.

  • Empower your developers with tools that let them deploy and maintain integrations and data knowledge in-house
  • Adopt an IT infrastructure that delivers the agility and flexibility to leverage new opportunities
  • Rethink strategies and solutions that leave you dependent on hard-to-find talent you might not always have

3. Simplify Your Systems

There’s a reason the K.I.S.S. principle is so ubiquitous. The shift to a fully integrated commerce solution doesn’t need to be complex or costly. Low- or no-code tools and platforms make it easy to build and deploy the applications and integrations your business needs to keep systems connected and customers happy.

Payless recognized the need to integrate their ecommerce and physical stores to deliver a consistent customer experience but faced challenges dealing with disparate legal and fiscal requirements of the 15 countries they had stores in.

They came to Digibee for an integration solution that was secure, reliable, and capable of scaling to accommodate seasonal sales spikes. Digibee delivered a completely secure ecommerce solution spanning 200 stores in 15 countries in less than 30 days.

Let Digibee Boost Your Retail IT Solutions

Digibee’s enterprise iPaaS is a full life-cycle, low-code integration solution that empowers brands to embrace the retail IT solutions they need to compete. Regardless of your organization’s current IT maturity level, we can help you modernize legacy solutions and integrate systems to leverage all the latest digital tools.

Download a complimentary copy of Fully Integrated Commerce for the Modern Retailer for details on how Digibee’s enterprise iPaaS can help improve your retail customer experience online and in-person, or book a custom demo to see our solution in action.

The Bigger Picture: How Data Analytics Integration with EI Support Retail Demand Forecasting

Graphic of bar chart

Retail information systems must find a way to work as a conduit between the digital world and the physical world, a real challenge when both are constantly changing in different ways. On one end, the customer expects a quick, easy, personalized omnichannel experience from the comfort of their couch, on the other end your retail IT solutions have to not only provide that, but then also provide a fast and seamless delivery of the physical items they bought, even if it’s 200 pounds of Italian marble for their kitchen counter. 

Every physical product requires raw materials, manufacturing, and then shipping to (at a minimum) the end user. As there is no way around incurring these costs, ending up with excess inventory can quickly become a major expense. But since this manufacturing process also takes more time than a customer would be willing to wait, in most cases it has to be completed prior to a client’s order, meaning a retailer again ends up in a challenging position where they risk having too much or too little on-hand. In this way, accurate retail demand forecasting is essential for preserving your bottom line.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

Retail Digital Transformation in 2023: Loud and in the Cloud

The cloud, combined with digital technologies, has reinvented how retailers connect with and serve their customers. Once the domain of megastores and e-commerce platforms with the budget and resources to support on-premises infrastructure, today the cloud is unlocking digital customer experiences for retailers of all shapes and sizes. 

And merchants are loving it, able to create personalized and curated experiences across multiple channels while driving up conversion rates and average order value (AOV). But it wasn’t always like this.

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

3 Benefits of Digital Transformation in the Retail Industry

If there was any lingering doubt about the need for digital transformation in the retail industry, it was removed by the pandemic. Lockdowns and health concerns forced consumers to digitize their consumption habits, and the benefits of digital transformation in retail became painfully clear to brands still reliant on legacy architecture. Companies had to adapt quickly to survive.

The rapid shift to digital commerce set a high bar for many retailers as customers demanded the personalized attention and custom experiences they enjoyed in-store while they shopped online. Businesses that have not yet embraced the retail digital transformation trend are at risk of making themselves irrelevant. Yet many companies are still struggling with how to integrate legacy systems with the new technologies needed to meet current demands.

retail-women-with-shopping-bags-outdoors

>> Book a personalized demo with our team of experts and see how Digibee’s iPaaS will bring efficiency to your business. 

What’s Holding Retailers Back?

84% of US shoppers say the pandemic affected their purchasing habits. The most common changes? New shopping methods and different brands. Consumers have clearly adapted. Why is digital transformation in retail lagging so far behind?

The digital transformation journey can be daunting. Many retailers have invested heavily in legacy architecture unable to effectively support an omnichannel experience. Without this capability, buyers can’t access products or services through the channel of their choosing – whether website, app, chatbot, or physical store – and core data remains siloed and inaccessible.

What’s Standing in the Way of Integration?

  • Budget
  • Complexity and time
  • Lack of skills
  • Security
  • Legacy Systems

But dependence on legacy, monolithic architecture doesn’t have to mean that embracing an omnichannel strategy is beyond your reach.

3 Benefits of Digital Transformation in the Retail Industry

Retailers who integrate legacy systems can realize a host of benefits that offer a competitive edge over those who haven’t embraced digital transformation.

1. Connected Customer Data

The ability to view data, derive insights from it, and have one source of truth could be your advantage over competitors who are held back by silos and poor quality data.”

Michael Paladino, CEO of RevUnit

An effective omnichannel strategy requires that your existing systems be connected and communicating:

  • Order management
  • Enterprise resource planning
  • Point of sale
  • Customer relationship management
  • Ecommerce platforms

In most legacy architecture setups, the only way to view data from all of these systems at once is to download it from each source separately and combine it manually – an inefficient process that cannot support selling across multiple channels. 

The right integration solution will allow data to flow efficiently between core and support systems, providing you with cross-platform insights into consumer behaviors and interests, so you can deliver personalized experiences however shoppers choose to interact with you.

2. Oversight of Orders and Inventory

Another benefit of digital transformation in retail is the ability to connect and equalize your order module across multiple channels for an integrated view of all orders and requests in your OMS, regardless of where each purchase originated.

Integrating legacy systems can also improve your ability to manage inventory – another sensitive issue for retailers. To fully support an omnichannel strategy, your inventory must be 100% integrated, or you could find yourself facing a host of problems that can affect customer loyalty and experience:

  • Missing products
  • Sell-outs
  • Early billing
  • Delivery errors

The global view provided by retail industry digital transformation also lets you leverage physical stores for use as distribution centers. Many retail giants have built centralized and exclusive stock warehouses for virtual operations, but this is not a solution that translates to a smaller-scale retail operation.

3. Improved Efficiency and Agility

Integration of legacy systems facilitates the automation of your organization’s entire operational flow – from order generation in various channels to monitoring delivery at your customers’ homes. Automation significantly reduces operational errors and omissions, increasing efficiency and improving the customer experience.

By connecting stock in your brick-and-mortar locations to your centralized system, you gain the capacity to run a highly automated, low-cost ecommerce operation leveraging your existing interfaces and systems.

Example: 

Set your payment transactions to complete automatically ONLY when ordered products have been properly separated for the customer. 

This ensures shoppers are only charged for what you actually deliver and eliminates additional processes like having to issue refunds for out-of-stock inventory.

When your legacy architecture supports (not obstructs) your retail digital transformation strategy, an omnichannel approach is within your reach and competition with digital natives is possible.

Enterprise iPaaS for Digital Transformation in Retail

The “new normal” is here. And the benefits of digital transformation in retail will only become more compelling – but how do you achieve them? The retail industry never stops, and brands can’t afford to put business on hold while overhauling their systems for digital transformation. Enter iPaaS – or  integration platform-as-a-service for enterprises.

Discover how we helped Payless integrate their secure ecommerce platform with over 200 stores in 15 countries in just 30 days!

Enterprise iPaaS lets your brand integrate legacy systems without the need to tear down and replace old, monolithic architecture. Connections can be built on top of existing solutions to connect aging (but critical) solutions to the new technologies you need to support an omnichannel offering.

We get it

Digibee understands the pressures faced by retailers and CPG companies. Our innovative enterprise iPaaS lets you realize the benefits of digital transformation without lengthy disruptions or significant upfront investments.

Request a demo to learn what we can do for you.