WBSRocks: Business Growth with ERP and Digital Transformation

WBSP065: Grow Your Business by Understanding the Challenges Associated With Buy Online, Pick Up at Store Model w/ Richard Halter

April 21, 2021 Sam Gupta Episode 65
WBSRocks: Business Growth with ERP and Digital Transformation
WBSP065: Grow Your Business by Understanding the Challenges Associated With Buy Online, Pick Up at Store Model w/ Richard Halter
Show Notes Chapter Markers

The lines keep blurring between traditional retail supply chains with trends such as DTC and buy-online-pick-up-at-store. With large retailers offering such convenience, it's harder for smaller retailers to compete. These models require you to have your fulfillment centers within 20 miles of the customer location to match consumers' delivery time expectations. This need drives the business architecture complexity with cross interactions between hybrid systems ranging from POS, e-commerce, and ERP, which drives the need for an enterprise glue and a common data model.

In today's episode, we have our guest Richard Halter, The Wizard of POS, who describes the challenges associated with buy online, pick up at store model. He also talks about why small retailers and manufacturers would need to develop these capabilities to avoid the risk of running out of business because of competitors such as Amazon. Finally, he has described several nuances associated with this model, and the approach retailers can take to implement it.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Intro
Personal journey and current focus
Perspective on growth
The challenges of siloed systems in implementing BOPIS retail model for SMB retailers
BOPIS retail model warehouse and retail store architecture
Types of BOPIS retail model with or without retailers
How to start on BOPIS retail journey?
The importance of common data model for BOPIS retail
BOPIS retail system architecture
Closing thoughts
Outro