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Retail Industry Solutions

ERP Solution For Retail Industry

Retail is the fastest consuming business at a critical point of growth, where the retail business of SMEs or Large scale business always looks for a best fit ERP system. Choosing the right solutions for business for the retail organization is different when compared to other business. SAP Business One ERP is an all one solution where the business organization can be adopted with unique features.

There are several challenges that should be faced from the bottom line of input but with the help of SAP ERP customers can experience the direct impact of profit through constructive communication from SAP Software Solutions.

Our solutions towards the retail industry are from end to end where the integration of the business is interlinked with a comprehensive business suite form digital technological analytical tools where the customers can see the growth through business expansion and maximizing the profit.

Features of SAP for Retail Industry

Point Of Sale (POS)

Comprehensive ERP which supports easy integration with various entries, to handle multiple data’s for a minimum level of operations through user-friendly terminals.

Demand Forecasting

Predict the consumer demand to enable maximum sale across context-driven activity with Omni-channel marketing for efficient business architecture platforms.

Mobile App Management

Fast response and acceptance through a timely positive manner through agility from the new era of mobile app engaging retail business across multiple channels.

Merchandise Management

Adopting greater control over the credit management system with collaborative merchandising to simplify various functionalities to drive maximum growth.

Reporting & Analysis

Optimize the internal and external working process with excellent reports and analytics to assist you to reduce complexity in recent retail trends with intelligent solutions.

Customer Repository

Strengthen the retail business capabilities through various technological approaches and managing to communicate consumer with a lot of business activities.

Digital Retail Upgrades

Consolidate retail business up-gradation to recent trends like mobile apps, IoT, Artificial Intelligence to move forward-thinking and to minimize the throughput of work.

Ease Store Operations

Synchronized with built-in capabilities like drag and drop for easy access through the various distribution channel, execution of schedule delivery to various locations.

Feature components of Retail Business Management

Retail Planning

SAP solution for retail enables retailers to attempt arranging exercises according to the need of the circumstance. It centers on the diverse procedures to be utilized so as to enable retail to store increment deals turnover.

Sore Operations

SAP for retail streamlines activities identified with the store the board work. The store activities are key to retail chains since market demand investigation, promoting, stock administration, workforce the board and considerably more is a piece of this.

Stock Management

This segment empowers retailers of numerous types and sizes to successfully deal with the stock dimensions and track merchandise. Stock Management is the way toward directing the consistent stream of units into and out of current stock. Stock frequently represents the most noteworthy extent of the working capital as crude material, WIP and completed merchandise.

Production Network Management

SAP for retail deals with the conclusion-to-end inventory network for retailers. Delivery of items or materials managing conceivably large measures of information dispersed all through the world, ERP frameworks can help guarantee data remains interconnected and can be effortlessly gotten to by every single pertinent partner.

Request Forecasting

Tracking past patterns and estimating future requests is less demanding and higher on the precision with ERP for retail. Keep up consumer loyalty, amplify deals and diminish stock conveying costs with SAP for retail.

Merchant Management

 Capture seller information, lead time, execution and other seller data. Perform examination among sellers and pick favoured merchant with ERP for retail.

Client Management

 Customer executives turn out to be simple with the robotized forms for catching client information and exercises with a retail business. Track and increment client lifetime esteem with SAP for retail. Get new clients, recognize your best clients, keep them connected with and fabricate your image.

Financial Management

Retailers can deal with their bookkeeping effortlessly with ERP for retail as it gives an exhaustive arrangement of instruments required to deal with all the budgetary parts of your business while keeping up an abnormal state of administrative consistency.

Database Integration

A comprehensive SAP solution for retail helps in the process of the board and gives access to continuous reports. ERP makes the required information accessible to give bits of knowledge into the budgetary strength of a retail business. In addition, this part of retail ERP frameworks is utilized for creating explicit consistency reports.

Benefits of SAP Retail Engagement

Business Feature Outlook for Retail

  • Marketing and Merchandising : Create and improve business loyalty through optimizing and analyzing the enterprise level with master data insights by delivering full transparency in the activity repository.
  • Procurement and Private Label : Gain new capabilities with multisource market trends through the real-time decision making and ensuring full compliance with up to minute insights into the retail business.
  • Supply Chain : Anticipating customer-driven business networks with the right products by the quick response to customer demand and minimize inventory issues, so that the business gains retail-specific communication channels.
  • Omni-channel Customer Experience : A 360-degree overview of all business retail channels, this helps in predicting unified customer data in context to business channels even through online or digital store retail businesses .

Benefits of Mapping all business channels to Retail Business

  • Master Data : All the important information data regarding customers, vendor, sites and articles including pricing data and cyclic control records are stored in master data.
  • Strategic Sales : From the assortment management part to seasonal merchandise, promotions, pricing, and price planning, all different functions are handled with a single solution.
  • Purchasing : Daily support operations including procurement merchandise are easily solved with various vendors which can be accessed locally and globally around different stores.
  • Merchandise Logistics : The retail merchandise business links to purchase and sales with logistics, which may be configured with merchandise distribution logistics, goods receipt, execution, foreign trade, inventory, and valuation.
  • Sales : The most important part POS have been included for retail connecting with cash registers to stores. This retail sale may include Store Order, Replenishment, and Assortment Planning, Customer Order Management, which is more relevant for wholesale also.
  • Distributed Data Processing : The DDP interface can be engaged with comprehensive retail businesses for various data adaptation insights.
  • Data Warehousing : The retail business enterprise can be done with SAP data warehousing through an optimal collection of statistical data analysis.
  • Merchandise & Assortment Planning : It supports and reports all the business activities with merchandise retail business system which gives a business a quality and value basis of assortments.

Ultimate Experience to Retail Engagement

  • Supply Chain Management

  • Merchandising Management

  • Sales Data & Product Management

  • Order Entry and Fulfillment Control

  • Quality Control Management

  • Finance Management System

  • Customer Management

  • Human Resource Management

  • Communication Integration

  • Rewards and loyalty management programs

  • Materials and inventory management

  • Store and warehouse structuring

  • Pricing and discounts management

  • Purchase and supplier relationship management

  • Sales reporting and analytics

  • Point of sale (POS) system