Friday, November 23, 2012

ERP for Retail Business



Whether an enterprise is selling physical, or digital, products and services, they can’t survive – let alone grow - without adaptive business systems to support their core retailing, store, and warehouse as well as their extended digital or physical supply chains. Solutions in the Retail Enterprise Resource Planning (ERP) & Supply Chain Management (SCM) Solution Area provide the core real-time transactional engines; the multi-enterprise collaborative workflows; operational intelligence; and the business productivity tools required to support today's talent starved, dynamically evolving businesses.

The goals for the new system were:
  • Managing overall business processes, infrastructure and applications.
  • Supporting aggressive growth across new channels.
  • Promoting the client's brand.

Need for an ERP Software for Retail

The company wanted to grow its business operations in the disciplined manner. They wanted to centralize its business (especially the Sales and demand fulfillment set up) so that the management can review its business growing and also find out lacking areas across all regions. web enabled ERP software for retail implemented in a 3-tier deployment which would help them manage their vast distribution set up spread across multiple geographies and also manage their future growth better offering very low costs of scalability.

Benefits of ERP to Retail Business

  • To manage the purchase from different places
To better manage the multiple locations, ERP can used . Also to deliver timely and reliable information on financial, sales, inventory and operational performance. And they can provide ongoing 24x7 support.

  • Improve people productivity
Help people in distributed operations work smarter and faster in the entities with an operations management solution which  delivers a high degree of scalability, and synergy with ERP.

  • Market Competition
To beat the competition, retailers have to understand consumer demand at the point of interaction Margins & Efficiency .

  • Manage Process Change
Manage the demands of growth and change with operations management solutions that easily adapts and is customizable to meet the unique business processes of the distributed operations - with low total cost of ownership (TCO).

  • Competitive Global Ecosystem
Compete effectively with a global ecosystem utilizing a proven operations management solution for the distributed sites that connects real-time execution and day to day information about operations to the headquarter solution - drive business process standardization into the operations and global visibility across the organization.

Implementation of ERP in retail business paves way to Cost reductions  and 24x7 production support, with proactive monitoring and resolution of issues  . Also ability to maintain systems during off-business hours for patching and upgrades.

For more details about implementing ERP , please feel free to contact  Prevaj Consultants at prevaj@prevajconsultants.com or call +91-8144760745