Blogs

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).