There are many benefits to using Shopify Plus, especially the various ERP-related analytics tools the platform offers. Access to accurate and timely analytics enables retailers to quickly make informed decisions, track performance, and optimize operations.

One of the most powerful analytics tools in Shopify Plus is its Smart Reporting feature. This feature allows investors to quickly gain insight into their company’s performance over different time periods, such as today, last week, or last month. Reports are generated automatically, so traders don’t have to constantly switch between different applications to get the data they need.

With an inventory analysis tool, retailers can also get a comprehensive overview of their inventory levels. It provides a detailed overview of inventory levels, average inventory levels, and the time it takes to turn inventory. This tool is extremely helpful in optimizing inventory levels and forecasting demand for the future. The forecasting feature can also help retailers predict future purchasing patterns and identify potential problems with current inventory levels.

In addition to the tools mentioned above, Shopify Plus offers customers the ability to analyze their customer data. This helps them better understand their customer base and make decisions related to product development, marketing and customer service. Using tooltips, they can measure customer loyalty, understand average order values, and even view the total number of orders and sales over an entire period.

Finally, Shopify Plus offers merchants the ability to track and monitor their operations using the Ops Dashboard. This dashboard covers all aspects of their business, from sales and inventory to customer service. The dashboard can be customized to suit individual seller needs and provides sellers with an overview of their performance across channels.

Overall, Shopify Plus offers an impressive selection of ERP-related analytics tools that enable merchants to quickly make informed decisions and closely monitor their operations. These tools make Shopify Plus a powerful and efficient platform for businesses of all sizes, whether they’re just starting out or already existing.