How can you measure your progress and drive meaningful change? The answer lies in embracing measurable standards—the foundation of ecommerce excellence.
Measurable standards provide a clear benchmark—a tangible reference point that allows you to assess your ecommerce performance, identify areas for improvement, and drive remarkable outcomes. By setting specific metrics and targets, you establish a framework that enables data-driven decision-making and promotes continuous growth and increased margins.
So, why are measurable standards so crucial for driving ecommerce excellence? Let's explore the key reasons:
1. Clarity and Alignment: Measurable standards offer a shared understanding of what ecommerce success looks like. They remove ambiguity and ensure alignment across your organization. When everyone is on the same page regarding ecommerce goals and expectations, it becomes easier to rally the team, channel efforts, and achieve collective success.
2. Progress Tracking: Measurable standards provide a way to track progress effectively in the ecommerce realm. By regularly measuring and comparing your eCommerce performance against the established standards, you gain valuable insights into your journey of improvement. You can identify trends, celebrate successes, and take proactive steps to address any areas that require attention.
3. Accountability and Collaboration: Measurable standards foster accountability and collaboration within your ecommerce organization. When individuals have clear ecommerce operational metrics to strive for and understand how their contributions impact the overall goals, they become more engaged and motivated to excel. This sense of accountability cultivates a collaborative culture, where teams work together to achieve eCommerce excellence.
This is why we are introducing Ideal Order™—what we believe to be an innovative approach that takes measurable standards to the next level in the ecommerce realm. We realized that there are a series of attributes that can be recorded and measured tied to the humble individual ecommerce sales order. The challenge though is “what do you measure against?” We learned that using our order automation and routing capabilities, we can simulate the best-case scenario for each order across all of those attributes, which gives us the “Ideal Order” to measure our actual performance against. This can be done for each individual order, as every order’s ideal scenario can be different. When you compare your actual performance against the ideal performance, you can immediately start to see patterns, trends, and opportunities to isolate and improve operational performance across your entire fulfillment network.
By leveraging Ideal Order, you unlock the power of data-driven decision-making and continuous improvement in your ecommerce operations. It allows you to assess each order against the ideal, identify areas for optimization, and drive ecommerce excellence in areas such as inventory placement, packaging, carrier and service selection, delivery speed, and customer satisfaction.
In conclusion, measurable standards are the cornerstone of driving ecommerce excellence. They provide the clarity, progress tracking, accountability, and collaboration necessary to achieve remarkable outcomes in the ever-evolving ecommerce landscape. And with the introduction of Ideal Order, you have the opportunity to elevate your ecommerce operations and surpass even the highest standards for customer satisfaction and operational efficiency.
Let's embrace the power of measurable standards and drive ecommerce excellence. Together, let's strive for ecommerce greatness!
Learn more about Ideal Order here.
Additional resources
BLOG POSTS
How Order Simulation Plugs Net Income Leaks
The Ultimate Ecommerce Fulfillment Metric? Finally, one KPI to rule them all
Perfect Order vs Ideal Order: Why "Perfect Order" falls short as a fulfillment KPI
WHITE PAPERS
The Ultimate Guide to Order Management
INFOGRAPHICS
Ecommerce Order Optimization [Infographic]
Ideal Order [Infographic]: The new standard for order and inventory management
Michael Anderson is the CEO and co-founder of Etail Solutions, an ecommerce software platform that helps brands and internet retailers drive growth and profitability through automation and operational efficiency. As a software industry entrepreneur, Michael’s background includes extensive experience in ERP development, technology mergers and acquisitions.
