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Friday, 19 August 2011

Point of sale software in India

The Indian retail industry is witnessing a boom like never before. The high spending of the Indian consumer is only multiplying; more and more Indians are becoming fashion conscious thanks to multiple brands opening stores in the country. With shopping malls coming up all over in even the two tier cities, every item on the shelf has acquired competitive value. Moreover, as the players in the retail industry are growing, brand competition is becoming tougher. The pressure to survive this competition is increasing, profit margins are thinning and occupancy costs are high. In such a scenario, the retail industry’s biggest challenge is to attain operational efficiency and profitability. The severity of this challenge has somewhat been alleviated by the various point of sale software available in India. Many IT solutions companies, understanding the industry specific requirements have developed software solutions, which help many retailers, optimise their businesses.

A point of sale software offers its retail client solutions for retail automation, sales, inventory management, merchandise management and planning. Combining people, process and technology, the software helps retailers improve their business performance. The prime benefits of a point of sale software are improved customer service and satisfaction, which is a key factor in the retail industry. In fact the POS system is no longer a “Point of Sales” system but a “Point of Service” system. With just a click of a button, various promotions and offers can be managed resulting in better customer service that in turn ensures satisfied customers and repeat buyers. As a retailer, you can achieve higher operational efficiency as the software can help you not only enforce operational processes, but also monitor and measure their effectiveness. A constant analysis of the various business operations involved on a day to day basis can result in continuous improving of different processes for better results.

A POS will help you analyze your customers if it has built in CRM capabilities and even strategize to keep you a pace ahead of competition. With improved merchandise sell through using RM and loyalty programs these systems can help you increase your revenue per square feet and lower operational costs. The CRM software can also help you profile customers, design various promotional schemes, and build customer loyalty and repeat purchases with targeted promotions. Many point of sale software in India offer packages that are easy to operate and flexible enough to be customized as per your requirements and product line.

Accurate end of the day closing of business after the last sale literally gives you the much needed peace of mind you need to ensure the future and protection of all business operations. To find a reliable software company, check for references and clientele lists, along with consulting a trusted and reputable source.

Friday, 12 August 2011

Retail Planning in India

Retail planning is the need of the hour in India. The rapid growth of the retail segment in the country has been phenomenal, creating a need for good retail management systems. An important tool for organized retailing operations, retail software is fast becoming a priority for businesses set to scale high on the retail boom taking place throughout the world right now. Providing many advantages, retail ERP solutions can be easily researched online. Some of these software solution companies even have consulting services that address your main concerns regarding such ERP solutions. You can get in touch with such companies over the Internet and benefit from such services in making the right choice of software and company to enhance your business process, identify your key performance indicators (KPI), design a suitable CRM plan, etc.

The ideal software solution can help you decipher large amounts of data generated in various departments of your retail organization since you have huge amounts of SKUs, Transactions and Customers. This can give you the power of having all the needed information from any section of your enterprise any time, while also enabling you to pinpoint problems and come up with effective strategies and solutions faster.

While there are a number of companies that offer retail ERP solutions, finding the ideal company, which will compliment your business, is crucial. The trick is to go with a company that values commitment, is passionate about its products, believes in being proactive, maintains high ethical standards, and works in sync with your retail brand company motto and ethics. It is imperative to look for a software solution, which is flexible and can be implemented modularly or comprehensively. This will give you the power to be more hands-on in retail planning, implementing, analyzing and strategizing. It is wise to look for a company with a decent number of years in the business, a great reputation, clients from all over the world, and impressive line of software that suits your company’s requisites.

Implementing retail software in India is a trend seen in growing businesses across the retail spectrum. More and more entrepreneurs and retail companies are looking for retail management systems that are robust, stable, scalable, and cost efficient to make sure that various business operation run smoothly without errors. This will enable entrepreneurs to spend valuable time on developing strategies to grow their business even further without worrying about inventory and sales. So, what are you waiting for? Look for the ideal retail ERP solutions company for your business today.

Monday, 1 August 2011

Retail Management in Indonesia

The retail industry in the country is expanding rapidly, thanks to the ever-increasing demand, drastically improved sourcing options, and availability of real estate and opportunities of growth in the retail sector of the market. Good retail management in Indonesia is hence becoming a crucial asset, bringing software to support the processes into picture.

Nobody can deny the usefulness and dependability of software solutions in today’s day and age. When it comes to retail management software used for the smooth sailing of the many varied processes involved in the business, there are a few well reputed companies in the country that can give your business just what it needs, to boost efficiency and handle pressure with ease and proficiency. All you need to do is go online and find a company that is reliable and functionally fit to meet your requisites. As there are many retail solutions available in the market, it is always wise to do a little research on the subject beforehand, so as to avoid any unpleasant surprises at a later date. Software companies have come up with plenty of solutions to tackle the different areas of a retail business, and you are at liberty to choose a few or all for better retail management of your business.

The retail management solutions available in the market today can assist you in all fields of business starting from POS to merchandising, procurement and distribution, business intelligence and collaborating with other systems within and outside the organization, and implementing solutions, to providing customer service and support, and even selling products online. Retail management software can also help your business in areas like merchandise planning, replenishment planning and distribution Planning and give you transparency for inventory across multiple stores or warehouses, to give you an edge over other retailers in your segment. They can also aid your company with some CRM solutions by tracking customer buying patterns. There are software solutions which can help in making ideal promotion planning, by driving you to set goals and strategize, and execute the planned action. They can help in creating and producing simple and complex dynamic reports to help manage the operations and be up to date with daily activity.

Retail management in Indonesia is no longer limited to the employees at one store; it is big business where companies operate chains of stores across different cities an islands. Opting for a software solution to solve all the problems is a worthwhile exercise and a research of what other retailers are using and what is available in the region would help you find the right solution.