With the NRF Retail’s Big Show happening this week in NYC, we thought it was time to ask whether Dynamics AX for Retail – Microsoft’s retail-focussed ERP solution – is really living up to its name.
There has been a lot of buzz in recent months about Microsoft’s new, focussed and consolidated efforts to drag Dynamics AX into the 21st century. Even we were surprised by some of the ERP’s new features, which include Skype for Business conferencing with up to 10,000 live spectators.
Pretty impressive stuff. However, we felt it the right time to see whether Dynamics AX Retail is offering all it needs to be to satisfy the fast-moving retail industry.
New Focus on Dynamics AX for Retail
According to Microsoft General Manager of Dynamics Retail and Commerce Solutions, Ashvin Mathew: ‘With the new Dynamics AX Retail and Commerce solution, we've made it easier for retailers to deliver a seamless Unified Commerce experience across all customer touch points, channels and devices."
This comment demonstrates a clear commitment to Microsoft’s own directives: to offer a ‘mobile-first, cloud-first’ solution that improves productivity for individuals and organisations.
Just some of the new features included in Dynamics AX Retail include:
- Tying together multiple catalogues
- Pricing and promotion management
- Omni-channel shopping carts with secure payment processing
- Integrated store environments
- Wish lists
- Order history
- Loyalty programs
- Recommendations based on Azure Machine Learning (now referred to as "Microsoft Cortana Analytics Machine Learning")
- In the UK, retail footfall is expected to decrease2% year-on-year
- Retail parks are set to buck the trend with a predicted traffic level 3.9% increased on 2015
- Consumer sentiment is strong, and will increase
- Retail sales are set to increase by 1.6%