Electronics and electricals are always in demand and high demand is more of a challenge for the industry than a benefit. This is because higher demand impacts the entire supply chain of the company starting from manufacturers to suppliers and retailers.
In order to keep your supply chain functioning efficiently, one must be updated with the latest product related trends, continuously evolve the product assortment, and optimize the inventory management.
Here are some ways in which you can use eCommerce to tackle electronics supply chain.
Use PIM to Sort Complex Product Assortment
Product assortment may seem to be a time-consuming process; however, with the help of Product Information Management (PIM) tools you can systematically arrange your products and offer accurate product descriptions for your customers.
The PIM system can be integrated with all your web stores and ERP, keeping the system updated to real-time.
Google Analytics can help you make Purchasing Decisions
Google Analytics can analyze the success of your products and help you make modifications to match customer demands. Data driven approaches tend to help you understand the current purchasing process and amend the product information from to time.
Set up Personalized Catalog for your Manufacturers and Suppliers
Personalized catalogs can not only be given to your customers, but also to the manufacturers and suppliers based on their purchasing choices, especially in the electronics and electricals segment.
This will limit their options and help them make faster purchasing decisions. This also makes the job of your sales team easier.
Give your Customers more Time Online
Transforming your business from offline and online is the need of the hour. Going online offers your customers 24/7 accessibility to your products.
While going online, you must also improve your sales and communication channels, because you will get constant orders. This means your logistics must also be ready to fulfil your demands.
Customers in electronics manufacturing, wholesale, distribution and retail have found these ways highly beneficial in enhancing their logistics and supply chain.
Connect with the experts from Altius Technologies at the electrician’s exhibition – Elex Show on 29th and 30th January, 2020 at Alexandra Palace Way, London, and discover innovative eCommerce solutions for your business.
Arun Venkatraman
Helping CXOs succeed in the digital era by helping them capitalize on data and technology