Blog

September 14, 2018

Perpetual Inventory Systems Lead To Perpetual Savings

Choosing a retail management software can be a challenge in today’s world. There are numerous providers, and it can be difficult to determine which feature set is most applicable to your needs. Since the Indian market is particularly price sensitive, the cost of purchasing licenses and implementation of the solution across all stores usually becomes the biggest factor while choosing a retail management software. However, it is always good to know all the capabilities a retail management solution can offer, and determine the features that are most useful for your business.
September 3, 2018

What To Look For In A Retail Management Solution

Choosing a retail management software can be a challenge in today’s world. There are numerous providers, and it can be difficult to determine which feature set is most applicable to your needs. Since the Indian market is particularly price sensitive, the cost of purchasing licenses and implementation of the solution across all stores usually becomes the biggest factor while choosing a retail management software. However, it is always good to know all the capabilities a retail management solution can offer, and determine the features that are most useful for your business.
August 28, 2018

Retail Shrinkage: How You Can Control Your Loss On Inventory

Shrinkage in retail is the inventory loss occurring from many reasons, from administrative or internal errors, to more darker reasons of shoplifting and employee theft. In 2011, the Global Retail Theft Barometer found that the Indian retail industry faced the highest loss from shrinkage in the world. Shrinkage can be one of the biggest contributors to loss in profit. Whether shrinkage occurs due to criminal or non-criminal intent, every retailer should be able to quantify the losses they are facing, and learn about what steps can be taken to mitigate them.
August 24, 2018

RetailPro for Apparel

Whether you are an international clothing industry giant, a chic boutique tucked away in the heart of a city’s shopping district or a small chain with a handful of stores, Retail Pro gives you the tools to grow your business.
August 20, 2018

Why Automation Is Critical in Indian Retail

Automation, when done correctly, can take any organization leaps and bounds ahead in terms of their operational efficiency. This article describes how automating non-customer facing tasks in retail can lead to great benefits.
August 14, 2018

Retail Budgeting : Introduction to Open – To – Buy

Having too much inventory (or the wrong type) during certain periods can slow your cash flow and reduce profits with too many markdowns. On the other hand, if you under-buy (meaning buy too little product) and miss sales opportunities, then you are not making your potential profit (plus damaging the customer experience).
July 24, 2018

Top 5 Problems Retailers Face

The retail industry is a tough environment. Along with changes in regulations, like GST, retailers also have to contend with the pace of technological changes, which can bring both benefits and challenges.
June 29, 2018

Make lasting brand impressions at your mobile POS

As much as customer engagement strategy differs between brands, one thing is consistent across the board: the POS is still the one thing that never fails to bring sales associate and customer together.
June 22, 2018

Using and Customizing Retail Pro Reports

The ability to view and manipulate sales, inventory, and customer information in real-time is one of the core strengths in Retail Pro. But if you’re not taking advantage of Retail Pro reports to look at your data after the fact, you may be leaving money on the table.
May 3, 2018

Effects of Omnichannel Promotions on Retail Profitability

Many retailers are looking to omnichannel selling as the next differentiator. Retailers like Macy’s, Bed Bath & Beyond, and Home Depot regularly leverage promotions and coupons to encourage in-store-only customers to shop their website and vice versa.

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