In retail system, for optimizing business performance is to drive supply chain in alignment to the business strategy. The basic component for a high-performing supply chain is robust planning.
Retail Replenishment planning is predicting future requirements to balance supply and demand which involves multiple communication between warehouse, Head office and all the stores. This supply of stock depends on multiple factors like priority of store, zonal preference, seasonal trends, past trends, etc. Handling all the factors and evaluating the supply of stock requires a robust replenishment engine.
Ginesys ERP software replenishment planning module has it all! The convenient supply chain planning and a powerful replenishment engine. Ginesys users can plan their stock supply with utmost ease catering to all factors. It provides a single point control (the head office) to set all the unambiguous planning processes for all its stores and warehouse.
Flexible and automated Ginesys replenishment planning module gives its users from a dynamic dispatch system to a complete parameterized system which takes into account the article-category, store plan and the latest sale trends and handle the dispatches during the beginning and end of a season and seasonal changes. Its flexibility is justified by applying any algorithm to its replenishment model and by dynamic stock routing.
Thus, Ginesys retail ERP solution helps you drive your business operations with complete ease, transparency and efficiency which will take it to a next level!
Ginesys data sync is one of the most reliable features of Ginesys point of sales and retail system. But in certain scenarios there is a mismatch in the POS transaction documents posted and the documents available at the head office (HO). If this situation is not noticed and corrected it can lead to major variations in HO and POS reports over time.
To prevent this situation from going unnoticed and getting aggravated, we have added a data sanity check mechanism after data synchronization. This sanity check once triggered will identify the location of the missing transaction. This will ensure all relevant data – i.e. cash memos, deposit/ refund slips, gift vouchers, customer loyalty data etc. – are correctly synced to the Head Office application before the day’s data can be posted finally to accounts.
Effective replenishment is the backbone of any retail business. For this, factual inventory data is mandatory. Fine tuning the retail system to achieve this is the need of the hour.
Earlier, the HO didn’t have a clear visibility on what packed goods are pending at the store end until it got tagged in packet document. For instance, if store A has 10 goods and out of which 4 are packed for dispatch to store B. So store A has 6 goods in stock and 4 are pending packets. But HO is still under the impression that store A has stock above the threshold value (suppose 8) which results in ineffective replenishment planning.
But this isn’t a problem for Ginesys users anymore!
Ginesys has introduced a new field “Packet status” in the inventory management software so that head office (HO) can trace the pending packet information. “Packet Status” field is incorporated in the Ginesys inventory management software. Once a pending packet is packed at a store, the packet status is updated from “open” to “close”. The “close” packet status will be synced to the HO and he can then replenish the stock at the store accordingly.
Thus, this enhancement will help the HO in differentiating between the stock and pending packets. Even if the packed goods are not sent from the store, HO will know the actual stock.
And hence, HO can do up-to-the-minute stock replenishment which will lead to efficient inventory management.
Ginesys POS was a good solution for company-owned or franchisee owned shops indicated above. Yet there are many situations where it is not possible to install a point of sale software even though it is your own stock. For example in a shop-in-shop inside a store being run by a different retailer. Additionaly for online sales also new business models developed like having your own e-commerce website or selling through online marketplaces like Amazon, Flipkart, ShopClues. We are now providing solutions for these situations as well:
1. Unmanaged Owned (COCO) store: Such companies have a great deal of problem in managing different outlets of different brands as each brand outlet is using different ERP software. Now with this feature, you can create a new Organization Site or that store which will help you keep the track of your stock and sales. Sales can be uploaded in Excel.
2. Marketplace (fulfilled by marketplace): In such e-sales channel, the marketplace handles the order and dispatch of your product. Here, you can create an unmanaged customer site to handle such outlets from where you can import all the sales and stock information required.
3. Marketplace (fulfilled by seller): In this, you handle the order and dispatch of your product like it is done in your own e-commerce site. Order processing to dispatch/invoicing needs to be done in E-commerce Aggregator’s website. So the excel sheet created by it can be imported by Ginesys to help you retrieve the information.
That is not all! We have added new sales & distribution reports and fine-tuned existing reports to check out information from the above sales channel. This will help in a big way to enablement of multi-channel or omni-channel retailing.
Now retailers with a number of shops running Ginesys POS can manage
their stock movement from a single point of control. In Ginesys retail
management software we have added functionality to request return of
stock from point of sale locations. The stores will then return stock
from POS according to the requested quantity and items. This brings much
more control on the return process and enhances the replenishment possibilities.
Retail shops having large unsold inventory do not need to decide what
to send back. The head office can check other store requirements and
either request a return to warehouse (DC) or a transfer to another