ERP Solution for Retail/Distribution Industry

ERP Solution for Retail/Distribution Industry 

The trading industry today is facing a large competition in every corner of the world. India exported around $303 billion in total in 2018-19. This is expected to rise in the coming years. With such excellence in trading, distribution, and dealing sectors, the competition is sure to become stiff in the near future. This is the reason trading businesses are turning to enterprise technology and ERP software is one such tool that has become a hot favorite among the trading industry.

ERP redefines sophisticated operations for a trading business. It brings in synchronized departments, improved decisions, better outcomes, and increased profits.

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  • RetailDistribution Solution Functional Coverage

    • Procurement Management
    • Financial Management
    • Deriving Accurate Profit Margins
    • Schemes Management
    • Barcode or RFID Integrations
    • Interactive Analytics and Reporting
    • Accurate Sales Management
    • Multi Locations Inventory Tracking
    • Automated Processes

ERP Features for RetailDistribution Industry

    • Customer Loyalty/Privilege Card Management
      • Create a Privilege card and Customer.
      • Customer Type required to be set to Privilege.
      • Privilege Amount can be displayed so that the remaining amount can be highlighted.
      • We can set up a formula based on the purchase amount which can be used during repurchase.
      • The remaining amount paid through any payment type after applying for a Privilege Card.
    • Offers Management
      • Create Offers.
      • Different Types of Offers Availability.
      • Exchange Offers availability in Sales Order.
    • RetailWeb POS Item Hierarchy
      • Item Classification can be done as per
        • Brand Category
        • Product Group Code
        • Product Category
        • Item Category
      • Fetch data both on-premise and on the web.
    • Sales Team Incentive Management
      • Sales Team Incentive Setups
      • Product-wise Incentive Setups
      • Sales incentive Reports
      • Flat Incentive Reports
    • Push or Pull Brand Setup
      • Bifurcation of Brand Type and Brand Category
      • Applying Sales Incentive as per Brand Type
    • Configurable Web POS Application
      • Configurable Application for Sales Person and Purchaser.
    • Multiple Tender Types
      • Multiple Payment Option Creation
      • Multiple Payments Options Availability for a Single Sales Order
    • Delivery Planning
      • Planning of delivery can be done on Item Card as well as Sales Order
      • Outward Planning generation for warehouse department.
    • Complaint Management
      • Customer wise Complain Management
      • Customer Invoice and Item Linkage to their respective Complains
      • Seamless Complains Exports in Excel Formats
    • Replace & Buyback Management
      • Replacement Inward and Outward Tracking
    • Power BI & Business Intelligence for Retail Management

RetailDistribution Industry-Specific Reports:

    • Product-wise Margin
    • ABC Analysis Reports
    • Deadstock Reports
    • Supplier Payment, Outstanding
    • Counter wise sales and cash.
    • Attribute wise/supplier wise sale/purchase tree reports, Attribute (Brand wise, Category wise, etc) Gross profit reports
    • Salesman incentive
    • Product replacement
    • Stock Taking Shortage/Excess
    • Product-wise monthly sale/purchase comparison report
    • Customer wise Sales Analysis

ERP Benefits for RetailDistribution Industry

    • Real-Time Monitoring of Resources
    • Application Integration
    • Accurate Analysis and Reports
    • Automated Operations
    • Customized Notifications
    • Workflow Management
    • Compliance
    • Supply Chain Management
The trading industry today is facing a large competition in every corner of the world. India exported around $303 billion in total in 2018-19. This is expected to rise in the coming years.

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