ERP Solution Trending for the Retail & Distribution Industry

Trading industry today is facing a large competition at every corner of the world. India exported around $303 billion in total in 2018-19. This is expected to rise in 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 favourite among the trading industry.

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

Retail & Distribution Solution Functional Coverage

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

ERP Features for Retail & Distribution Industry

  • Customer Loyalty/Privilege Card Management
    • Create 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 setup a formula based on purchase amount which can be used during repurchase.
    • Remaining amount paid through any payment type after applying Privilege Card.
  • Offers Management
    • Create Offers.
    • Different Types of Offers Availability.
    • Exchange Offers availability in Sales Order.
  • Retail\Web 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 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.
  • Complain 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

ERP Solution Reports

  • Procurement Management
    • Indent Reports
    • PR Reports / Summary
    • Enquiry Reports
    • Quotation Comparison
    • Vendor Evaluation Reports
  • Finance & Accounting
    • Overdue Reports &
  • Ageing Analysis
    • Cash Flow Statements
    • Sales / Purchase Registers
    • Voucher Extracts / Summary
    • Cost Center Reports
    • Consolidated Report
    • Reconciliation Reports
    • Interest Calculation Reports
    • GSTR1\2\3\7 Reports
  • Sales & Distribution
    • Sales Summary Reports
    • Sales Order Reports
    • Delivery Reports
    • Sales Invoice Register
    • Sales Analysis Reports
  • Inventory Management
    • Opening Stock Reports
    • Stock Ledger
    • Stock Summary
    • Goods Receipt Reports
    • Goods Issue Reports
    • Goods Transfer Reports
  • Production Planning & Control
    • Production Order Summary
    • Production Order Tracking
    • Milestone Reporting for each Production Order

Retail & Distribution Industry Specific Reports

  • Product Wise Margin Report
  • ABC Analysis Reports
  • Dead stock Report
  • Supplier Payment and Customer Outstanding Report
  • Counter wise Sales and Cash Report
  • 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 Retail & Distribution Industry

  • Real-Time Monitoring of Resources
  • Application
  • Integration
  • Accurate Analysis and Reports
  • Automated Operations
  • Customized Notifications
  • Workflow Management
  • Compliance
  • Supply Chain Management
  • Accurate Profit Derivations

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