Inventory is a very crucial part in a retail business wherein all the marketable goods are stocked up. There are a huge number of categories of goods that are stored in an inventory. Inventory Management is very important and needs to be very… read more
Point of Sales is a crucial touchpoint for any retail business. A point of sales system is used when a customer makes a purchase and wishes to complete a transaction. Traditionally, retailers use a POS system as a cash register. However, using a… read more
For a business to be successful in the retail industry, having a constant cash flow is inevitable. This is possible only with a constant flow of inventory stock. Since the movement of inventory stock plays a major role in the success or downfall… read more
Ginesys retail ERP has completely reworked the process of calculating cost of goods sold and valuing stock on hand. This will have a direct impact on all customers of Ginesys as it is an intrinsic part of the business reporting.
In this… read more
Every Retail business faces ups and downs in terms of sales and it is important for Retailers to draw up a game plan in order to tackle the lack of sales during a slow period and one important thing that retailers can do is to… read more
Invention is not Innovation- history of barcode lays the significance of the statement. The necessity of the inventory tracking technology especially in grocery retail led to the invention of barcodes! But it’s the innovation which made a simple… read more