Category: Smart Tips

1. To provide Expertise An expert applies high-impact techniques and strategies with a demonstrated and proven track record for the specific situation. 2. To provide Objectivity An expert can help you creating new moneymaking opportunities and implementing fresh ideas...

Most often we heard retailer saying following: 1. Why do I need retail management software? 2. What are the reasons to automate my Retail? 3. I am running a successful retail without any IT system. We do not want to...

Their requirements are not clear. Too much of requirements are no requirements.  They look for a cheaper solution. They do not verify vendor reliability. They buy a standard accounting software. They do not research for the related products. They buy hardware...

It is often observed that while surfing through various Retail Software sites, people ask for integrated financial accounting system. The most common question is Why integrated financial accounts? Why not separate accounting package? Following are the reasons why you need...

Not all of the following practical suggestion will apply to your business. The level of shop theft committed against your premises will depend on a range of factors. These include: The type of goods you sell The location The...

Retail operations offer many challenges for dedicated managers and owners who work hard & are committed. But the most difficult part of his/her role is the loss prevention function. Many retail owners and managers are not equipped or trained...

Talk (establish world class vendor management): 1. Develop collaborative partnerships with suppliers. 2. Use the Internet. 3. Integrate logistics with buying decisions. 4. Optimize replenishment models. Do (optimize internal processes): 5. Measure replenishment cycle times. 6. Build logistics capabilities...

In the retail business you need to deal with thousands of SKUs. For this kind of scenario the correct categorization technique helps you to control the business.   Are your inventory categorization is misleading you due to Duplicate SKU...

Retail automation software is Nervous-System of Retail Business. It provides the following benefits such as Inventory Control Purchase Bar-coding Sales (POS) Purchase & Sales Returns Repackaging and Warehousing etc. Stock Transfer Financial Accounting Physical Stock Verification and Adjustment Customer...

We often talk of Merchandising in Retailing. But while planning or execution we often forget the core competencies of Merchandising or Merchandise Management. Merchandising is an art to manage and materialise your merchandise needs. Merchandise management focuses on the...