Advantages of ebizframe Intelligent ERP for Retail Industry
Eastern Software Solutions
ESS develops & delivers cutting-edge Enterprise Automation Solutions which enable you to Transform Your Business.
With intense competition, Intelligent ERP for Retail Industry has become vital for organizations to sustain and keep up with changing customer demands. Regardless of the size of the business, retail businesses must blend customers, employees, and operational data in a closed loop to rapidly redefine all fronts of the company proactively. Intelligent ERP solutions with built-in advanced capabilities can help retail enterprises respond to challenges and opportunities when they arise. They include an entirely new set of technologies like predictive analytics, process automation, IoT, and mobile apps.
Eliminating the roadblocks that limit the access and use of data, ebizframe Intelligent ERP provides real-time access to data to smoothly integrate and manage all major operations including handling multi-location stores, frequently moving stocks, pricing changes, discount offers on products, and much more. However, this is not the only reason to invest in Intelligent ERP software. Below are some other potential advantages of using Intelligent ERP for Retail Industry:
Better Inventory Management
Considering volatile and dynamic demands, inventory management is very critical for a retail business. Intelligent ERP for Retail Industry enables you to stock enough to meet anticipated orders while removing excess stock. The system stores detailed information about each and every product available in store to ensure users know exactly what items are stocked in the inventory, which ones are expiring, and what needs to be replenished. Also, the tool helps in demand forecasting by analysing customers’ buying patterns in the past, thus enabling you to modify the inventory to meet future demands.
POS Integration
In any case, e-commerce is indispensable for retail businesses including FMCG, which is why Intelligent ERP for Retail Industry now comes with POS integration. It facilitates you to oversee the transactions happening in any retail outlet. It automatically feeds the transaction details into the ERP system, thus eliminating the need for extra effort and the scope of manual errors. It also enhances customers’ experience by reducing their waiting time for purchase billing.
Integrating Multiple Stores
Retailers often have to manage multiple stores functioning simultaneously. In order to ensure all operations run smoothly in your establishment, Intelligent ERP for Retail Industry can integrate all these stores into a unified platform, allowing store managers to access and share information in real-time. The modern ERP solution benefits retailers with more effective communication.
Improve Customer Management
Fulfilling customers’ expectations is essential for increasing sales in any business including retail. An ERP system integrated with a customer relationship management tool helps enterprises to handle and overcome challenges related to gaining and retaining customers better.
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An integrated ERP system captures all relevant information such as customers' purchase history. With built-in BI capabilities, Intelligent ERP for Retail Industry can help you analyze shoppers buying trends, preferred points of sales, and factors that trigger a purchase. It would allow you to customize your marketing efforts catering to their needs and provide them with a truly personalized shopping experience.
Effortless Pricing and Discount Management
Retail business has to make different price and discount schemes for different customer segments and stores. However, keeping track of multiple discount schemes at multiple retail stores manually takes a lot of time. To make the process flexible, automated, and effortless, you need a robust intelligent ERP system that can automate the process of recording product prices and discounts.
Demand Forecasting
With predictive BI capabilities, ebizframe Intelligent ERP for Retail Industry can help you predict demand based on past sales, customer purchase patterns, and many other relevant data-driven factors. Forecasting your customers’ demands helps you to keep your customers happy and ensure they get what they need when they need it.
Why ebizframe Intelligent ERP for Retail Industry is the preferred choice of Retail Enterprises?
ebizframe - Intelligent ERP for Retail Industry is designed to handle complete needs in the most efficient, effective & accurate way across industries including retail. Our ERP has continuously evolved as to changing business users’ demands across countries. We are committed to providing industry- and country-specific, comprehensive, and robust intelligent ERP solutions for retail and other industries.
For more information please contact us at marketing@ebizframe.com
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