Merchandising Solution

Merchandising Solutions Overview

Retailing is undergoing transformations. Major chains are expanding their presence ~cross geographic regions and, in many cases, across national boundaries. Retail companies are confronted with an array of challenges including growing markdowns and stock-outs; customers are expecting retailers to deliver a consistent experience, regardless of whether they are inside the store, calling a call center, or at their computer.

Even as business evolves, some things never change: you need to add value while reducing costs. Our solution for retailers covers front·end systems; add-ons to merchandising and back-end ERP systems; and business improvement and customer-facing systems. Our solutions cover department stores, specialty and convenience chain stores, shopping malls, hypermarkets, super markets and grocery retailers.

Challenges Facing the Retail Industry:

  • Intense competition from the Big Box Retailers.
  • Lost sales and brand erosion due to stock-outs.
  • Profitably managing pricing, promotions, and markdowns.
  • Effectively managing multi-channel operations.
  • Shortening product lifecycles and longer procurement lead times.
  • Addressing the impact of growth, consolidation, mergers and acquisitions across retail.

Offerings

We provide solutions for retailers that cover front-end systems; add-ons to merchandising and back-end ERP systems; business improvement and customer facing systems. Our solutions cover department stores, specialty and convenience chain stores, shopping malls, hypermarkets, super markets and grocery retailers. Some of these include:

  • Point of Sales (POS) system including customized hardware and software, integration of POS systems with back-end systems and customer facing systems.
  • Store management systems including inventory management, stock taking, ordering and receiving using PDA.
  • Systems to improve effectiveness of sourcing with integration to supplier and concessionaire through EDI, Web and XML.
  • Loss prevention systems covering shrink control. cash shortage management, and markdown management including obsolescence control.
  • System for use by top management giving visual productivity of retail space, merchandising profitability, SKU scorecard, and event profitability.
  • Auto-replenishment and stock -out management systems.
  • Shipping optimization and shipment tracking systems.
  • Self-service HR for salesmen and buyer incentive systems.
  • Outsourcing of application software development and maintenance services resulting in significant reduction of IT costs by leveraging on our proven onshore and offshore model.
  • Integration of data across the enterprise including:
    • Retail back-end systems such as Retek Merchandising System, SAP
    • Front-end systems – POS servers
    • ERP systems such as SAP, PeopleSoft and Oracle
    • Integration with suppliers using Web/EDI

An Overview of Merchandising Solution / Retail Business Solution

merchand-diagram

Features

  • Catalog Management
  • Access Control
  • PO Management
  • Price Management
  • Promotion Management
  • Stock Transfers and Returns
  • Invoice Matching
  • Perishable Goods
  • Wholesale Sales
  • Sales Management
  • Management
  • Stock Take
  • Cost Management
  • Stock Planning
  • Stock Promotion Planning
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