Posts tagged production

V Mart 100 not out.


V MARTV mart a leading fashion store in India has reached century of stores in the Financial Year 2015. The 100th store opening not only marks substantial growth in this market, but moreover it represents the continued enthusiasm and hard work team V mart  has put in.

V mart primarily operates in tier II & tier III cities and they operate in 86 cities and 12 states.

V mart has been a cherished customer of Ginesys who uses it end-to-end viz. from procurement to production to sales to analytics.

 

AND Design India coveted among 16 unlisted fastest growing companies by Forbes India.


ANDAND Design one of our cherished clients has been ranked among the 16 unlisted fastest growing companies in India by Forbes.

AND is using Ginesys for their entire operations including inventory, production, accounts, wholesale, retail management and POS. As a retail solution provider to AND and its brands like Global Desi, we have seen its growth at close quarters and can vouch for its dynamic culture and commitment to quality which has helped it achieve this result.

Team Ginesys wishes it all the best.

V-Mart organises supplier meet ‘Shayog 2014′ to commemorate Ten years


 

8 February 2014 saw the leading value retailer in the country, V-Mart completing ten successful years of journey in retail. To commemorate all leading suppliers for their strategic association in the past decade, V-Mart had organized Shayog 2014. Shayog as the name has it, stands for “Collaboration”. This mega-event was held at Four Points Sheraton, New Delhi.

2014-02-08 15.36.37The event unfolded with the top management, headed by Lalit Agarwal, CMD of V-Mart deliver the keynote address in the august presence of nearly two hundred business partners.

Prashant Lohia, CEO & Founder, Ginesys, presented his views in the panel discussion –  “Transformation from a Manufacturer to a Brand”, sharing the podium with eminent panelists, notably: Jeetmal Jain (JM Jain), Mahender Bajaj (Harra), Rajiv Goenka (Shipra Commercial) and other dignitaries.

One of the highlights of the event saw Prashant Lohia unveil the V-Mart Supplier Portal Dashboard powered by Ginesys. “Suppliers can login and view their real-time performance in V-Mart wrt their sales and stock data”, Mr Lohia reinstated.

The event saw, Chandradeep Sen, Head – Marketing & Business Development of Ginesys, present his views on  “How Technology can empower a Manufacturer’s Business”. In this interactive session, he talked about how IT can be leveraged for business growth. Mahender Bajaj (Harra) and Rajiv Goenka (Shipra Commercial) highlighted on Return on Investment after implementing an ERP solution.

V_Mart_Logo (1)This retreating winter saw the day conclude with a cultural program and a glittering Award ceremony to recognize leading suppliers of V-Mart on completion of their association with V-Mart in the past decade. Suppliers witnessed diverse management topics ranging from gaining ‘consumer insights’ to ‘strategy’, ‘process efficiency’ to ‘vendor policies’ and ‘enablement of business growth by leveraging IT’. Such vast exchange of knowledge kept the audience at the edge of their seat, thirsting to absorb more.

At Ginesys, V-Mart has been our esteemed client since the day of inception. We, at Ginesys, are beside ourselves with joy to be an integral part of this jubilee and bring you this news feed.

Receive an alternative item by making easy adjustments


production order/ job order/ purchase orderA flexible procurement system is essential in inventory management.
Many times a merchandiser creates a production order, job order or purchase order for item X but receives a shipment of Y instead. The two can be totally distinct or can be variations in terms of style (half instead of full), colour (pink instead of blue), or size (M instead of L) etc.

Usually you would have to cancel the order and create a new one losing vital information and having to redo lots of steps.
This can be saved by using a new feature of receiving an alternative
item. This allows the order to be modified to change the item and then the pricing and other details flow according to the received item and not according to original order.

This can be a huge time-saver especially in production where it is
usual to receive some variation of the job being asked for.

Custom-made software: handle with care

Fragile Customized SoftwareMany large companies think about customized enterprise software hoping to realize some special benefit. This is, in my opinion, the eighties style of buying software. There are naturally advantages to this approach if the problem that you are trying to solve has not been solved before.
But if there is even a partial solution available, we would suggest that you think about buying the license rather than embarking on custom development.
The reasons are below:
1. Difficult and time-consuming to develop: Requires scarce resources of talented developers and business analysts and your own company people should be able to provide the relevant inputs.These resources are generally not available aplenty leading to project failures or at best, project delays.

2. Difficult to champion: Who do you point to as a successful case study? As the software that you are buying is specific to you, you cannot cite prior success. Hence you could face resistance from other people in management.

3. Difficult to maintain: Needs change with time. You need vendors who keep updating themselves to keep up with the market, rather than a vendor who depends on your income to update your software.

4. Difficult to support: Once custom software is in place people need to be hired, trained and retained specifically to retain it

5. Overly expensive: Once you get in development and maintenance mode, your costs sky-rocket as the days tick by.

6. Vendor lock-in: You are now locked in to the vendor and technology and his/her capabilities.

Packaged products solve all the above issues. Most importantly you can get a sense of exactly what you are buying.

If you think an off-the-shelf product only solves half your problem choose one which integrates with another rather than trying to start from scratch.