Packaged business capabilities

What are packaged business capabilities?

Microservices vs packaged business capabilities

Examples of packaged business capabilities

• Product information management (PIM): This includes everything from creating and modifying your product catalog to managing the release of versions, updates, and documentation.

• Customer relationship management (CRM): CRM systems help you automate your interactions with customers by recording their information, preferences, and purchases.

• Supply chain management (SCM): SCM helps businesses keep track of all the goods they order from their suppliers so they don't run out unexpectedly during busy periods when demand is high.

• Enterprise resource planning (ERP): ERP refers to software that integrates all aspects of running an organization into one system: HR records; financial records; inventory tracking tools; production scheduling tools; email systems—you name it! ERP can be integrated into almost any industry because there's no need for each department or team member to use separate apps on their phones or laptops when they can just access everything through this single interface instead!

• Human capital management (HCM): HCM refers to software designed specifically for HR departments within companies with more than 1 employee working at different locations around town! HCM gives managers access where ever they are in real-time so they know what's happening across multiple offices without needing someone else's approval first before taking action."

• Designed to enable digital transformation initiatives such as customer experience management or supply chain optimization.

• Built on an open standards approach and available across the enterprise via standardized interfaces.

• Designed to be easily deployed and customized by IT departments within just a few hours or days, rather than months or years.

PBCs and composable commerce

• Modularization: PBCs break down complex business functionalities into smaller, self-contained modules. Each module represents a specific capability, allowing businesses to adapt and customize their commerce experiences easily.

• Reusability: PBCs provide pre-built and standardized functionalities that can be reused across multiple channels and applications.

• Flexibility: PBCs enable businesses to mix and match different capabilities to create unique commerce experiences. This flexibility allows for faster time-to-market and responsiveness to changing market demands.

• Integration: PBCs are designed for easy integration into the overall composable commerce architecture. They follow industry standards and use APIs for seamless connectivity with other components.

• Scalability and Performance: PBCs are built to handle high transaction volumes and support the growth of the commerce platform. They ensure systems can scale effectively without compromising performance.

"Businesses get the flexibility to build the stack they want, they no longer have to depend on one vendor which gives them more independence as a customer. With a composable, best-of-breed solution, customers gain the power to adapt to their future growth and needs."

Sanne Bolkenstein

Director of Sales at Deity