Dropshipping refers to a supply chain model where business owners operating an e-commerce storefront do not hold any inventory. They deal with a wide range of brand products that their loyal customers in the market want to buy. The business owners simply collect orders from purchasers and send them to their trading partners. These suppliers then take on the responsibility of arranging, packing, and shipping the products to customers’ doorsteps within a reasonable time. Once the transactions are complete, the business owners receive a commission as their remuneration. It is normally a specific percentage of the sales they generate for their trading partners for a certain period.
ERP dropship software program – Why do eCommerce business owners need it?
Business owners operating a dropshipping supply chain for their e-commerce storefront soon realize that managing it is not an easy task. These owners need to look into and complete numerous, monotonous tasks on a daily basis. These include assessing their trading partners’ current inventory levels, editing product details, and directing customers’ orders to the right suppliers. Only then can these business owners inform their customers of the current status of their orders. They need to take out the time to implement marketing campaigns and deal with customer service. This is why industry experts suggest they consider automating their dropshipping platform using an enterprise resource planning (ERP) software program to keep operations running and double their profits.
An enterprise resource planning platform is a management process software that integrates easily into other applications. It allows companies to successfully automate many of their tedious and monotonous back-office functions. These specialists explain operating an ERP dropship software program enables business owners to automatically synchronize their suppliers’ inventory feed to their IT infrastructure. As a result, they get a current update of products available with their trading partners and their prices instantly. This helps them to simplify the order fulfillment process and ensure customers get their products on time. Professionals in ERP point out two major benefits of operating an ERP dropship software platform for business owners:
- Improves the efficiency of e-commerce storefront
Operating an enterprise resource planning software program help business owners to run their dropship supply chain efficiently. They do not have to spend hours completing mundane tasks like updating and analyzing their suppliers’ inventory feed. The software program accurately carries out these tasks for them. This leaves the owners with sufficient time to think of ways to improve customer services.
- Business expansion
By operating an ERP software program in their dropship platform, business owners have more time on their hands. They can think of and implement ways to expand the commercial operations of their e-commerce storefront in the market. These business owners can try to introduce a relatively new product category to their clients or enter into tie-ups with overseas suppliers.
Installing and operating a suitable ERP dropship software program allows owners of e-commerce storefront to take their business to the next level by increasing profits. They do not need to worry about completing many monotonous tasks, like updating their suppliers’ inventory feed or order fulfillment. The software program accurately carries orders out for them. They then get more time to focus on business expansion and improving customer services leading to better profits and revenue for the eCommerce business!