7. Business Challenges - Changing
Customer Expectations
A faster retail experience
A broader choice to engage with the organization
70% moved to digital channels
62% interactions on non working hours
11% increase in negative sentiments
8. Business Challenges
A dynamic marketing environment demanded faster
& accurate information
71K loss in opportunities
300K loss in Sales
27. Deployment Challenges – A partner’s
perspective
Keeping up-to-date with a rapidly evolving platform
Leveraging Yammer and Dynamics Community.
Participating in early adapter programs.
Solution feature issues, bugs and workarounds
Documentation gap
Continuous Skillset development and training
Introduction – Anil to talk about how we engaged together and about today’s session and introduce Maumoon.
We will have the points in this deck covered through the video. The video or our discussion will cover Overview, market, size , growth , diversification etc.
Maldives and environmental challenges
Customers wanted a faster retail experience
Customer retail journey into a brick and mortar store
Research on customer instore expectations
Not only touch points; engagement was changing
Customers wanted a broader choice to engage with the organization
Telephone and retail inquires changed by 70% to digital
62% of interactions were initiated on non-working hours
Negative sentiments increase by 11%
Overall customer satisfaction dropped
A dynamic marketing environment demanded faster and accurate information
The ERP system was slow, confidence in data was low
The effort and speed to generate information was big, which is deterrent to data-based decisions.
Controls in the old systems were poor- Garbage in and garbage out reduce confidence on data.
Disconnected multiple marketing information systems slowed down decisions
Gathering, compiling and analyzing information from sperate internal and external marketing information systems was difficult.
Inability to identify business trends resulted in 71k Loss in opportunities
Inability to optimize SKU’s resulted in loss of 300k in sales
Anil to engage the audience on who has implemented, planning to implement and facing similar challenges and then Anil to ask Maumoon, so what were the selection criteria for Sonee Sports.
Arm retail employees with real time data to serve customers
Reduce check out time
Pursue an omni channel strategy
Integration of retail and ecommerce for an omni channel commerce
Possibility of omni channel customer engagement
A unified view of the customer
Ability to store, extract, analyze both internal and external data
Reporting and visualization of on real time
Experienced and saw difficulty in access
Faster access to data- saves time
Purchasing patterns and Customer behavior for retention
Facilitate more frequent SKU optimization
Accessibility of technology that is available to bigger corporations
Old systems were difficult to change
Add, experiment and use digital offerings when it becomes mainstream
Once a technology is able to add value customers journey, we wanted the agility to deploy at reasonable costs.
Hassle free operational excellence and discipline around core processes
Service providers brand strength for easier change facilitation
Reduce secondary activities and concentrate on value activities
Availability of reliable support
Handling all licensing requirements/agreements- Technological partner
This criteria met by Cloud-fronts – and anil will go through how these challenges and criteria was met.
Anil to take over and then start the solution deployed section.
Relate this to the joke to the sea level rising.
Dynamics 365 Finance and Operations
Replaced legacy Dynamics AX 2012 On-Premise
Decommissioned all AX servers
Replaced ‘clunky’ AX for Retail
Deployed Mobile enabled checkout
Migration to Office 365 and Decommissioning
Migration to Office 365 and Decommissioning
Migration to Office 365 and Decommissioning
High level financial dashboard heavily used by the board as finance team
Defines business success.
Example of how time is saved
Example of how revenue can be further investigated.
By Division and then by stores.
Further investigated by customer segments.
Show Segments in different divisions in the below tabs
Explain a bit about sports segments
Explain one metric
Forecasting and predictive analysis
Correct forecasting of stock plans.
Skills challenges overcome by technology
Faster resolution to customer inquiries
Customer complaints reduced by 14%
NPS has increased by 3% from 65%to 68%
Improved conversion rates as a result of omni commerce – ROPO
Increased sales by 11%. Can attribute to omni commerce
Defection rates reduced by a staggering 80%- 10% to 2%
Improved retention rates in loyalty programs
Ease of information help to identity potential defectors and intervene and reengage to win back. L
Loyalty customer growth rates increased by 10%
Insights into inventory
Improved inventory turnover from 1.3 to 2.8
25% in the first year itself
If we compare the overall benefits today, we are getting a 62% return per year.