If one or more of these matter in your business then you need HX.
MULTIPARTY TRADE NETWORKS
National/ international distribution/ sourcing, multilevel 3rd party arrangements, trade partner alignment and paperless efficiency, distribution performance optimization
DILUTED PRODUCT AND PRICE DIFFERENTIATION
Customer acquisition/retention strategy is reliability and responsiveness; experience/ service-based competition not product-based; crowded me-too landscape
CUSTOMER EXPERIENCE AND SELF-SERVICE CONVENIENCE
Responsiveness rated as top frustration, anytime anywhere access to product-info, order-status etc. without need to follow-up, always reconciled
INVENTORY COMPLEXITIES
Pipeline stock levels, multi-location transfers, multilevel consignment, expiry and obsolescence, replenishment cycles
NON-SUBSTITUTING PRODUCT VARIANTS
High SKU specificity, cannibalising item attributes, multiple sizes, colours, styles etc., needs real time data-driven navigation with end-to-end visibility to rotate effectively
PRODUCT SAFETY AND AUTHENTICITY
Traceability for recall and/or provenance, anti-counterfeiting measures, UDI (unique device identification) tracking serial number of every individual piece of every SKU
SALES ENABLEMENT
Reduce administrative and non-value-add time to double/triple active selling time, higher face-time/ focus on customer relationships, enables to get more customer-centric, commit with confidence
REVENUE IMPACT WITH VOLATILITY IN DEMAND AND SUPPLY
Resilience in supply chain, OTIF (on-time in-full) levels, agility through visibility across the network, perfect order fulfilment amidst uncertainty, proactive/ prompt replenishments, reliable consistent processes
ASSETS, DEMOS AND LOANERS TRACKING
Custody with staff, channel partners and customers, frequent movement across locations and customers
FREQUENT CHANGES TO PRODUCT MASTER, PRICING AND COMMERCIAL CONTRACTS
Constant need for harmonization for transaction readiness, high SKU proliferation, frequent launches, short product lifecycles, iterative variants
COMBINED END-TO-END MARKET INTEL
Beyond what ERP captures and processes, multilevel (1+n) sales data, secondary/ tertiary sales, customer segmentation, product-mix etc, smarter targeting insights, from reported data (mostly stale) to real-time data (always fresh)
AFTER SALES SERVICE EFFICIENCY
Installed base tracking, warranty/AMC claims, spares stock pipeline, service tickets
B2B DIGITAL, NEW-TECH AND EASE OF DOING BUSINESS
Paperless efficiency, gateway to deploy latest technologies like Blockchain, AI etc. across integrated business networks, overcome diversity across trade partners
STAFF PRODUCTIVITY AND EMPLOYEE EXPERIENCE
Higher employee engagement, lesser drain on administrative frustrations, deploy staff time to more intelligent and strategic tasks
BETTER COST CONTROLS AND COMPLIANCES ACROSS THE NETWORK
Transparency, accountability, proactive assurance, reconciled tax credits, optimized movement across federal boundaries