Once an inventory management system is up and running, the bins need to be handled wisely. The inventory managers should load them as per capacity and follow a certain logic for putting in or taking away items from it.
But the reality is… read more
The ease of shopping online has encouraged more and more customers to prefer e-commerce retailers than brick-and-mortar stores. However, for increasing customer base, physical stores have an added leverage over online shopping… read more
Over the past decade, technology has advanced exceptionally. Every business function in the retail industry that was being managed manually has a technological counterpart available in the market today. In spite of that, many… read more
Inventory is one of the most important components of any retail business. Inventory holds the entire stock of marketable goods of the organization. The complexity of managing all products in an inventory is overwhelming. A… read more
Typically, a retail business incorporates multiple business operations - manufacturing, distribution, inventory, procurement, replenishment, merchandising, Point of Sales, finances, customer management, employee management, and… read more
A Point of Sale (POS) system is the most crucial component of a retail business. At the POS, transactions are initiated, managed, and monitored. Today’s POS software is expected to do more than just collect payments.… read more
Running a business is no cakewalk; owners face various challenges along the way and retail business is no exception. There are numerous hurdles that retailers need to overcome in order for their business to function smoothly. However, most retail… read more
The Point Of Sale (POS) is one of the most crucial elements in the retail business. It is used to manage and complete all transactions in the retail environment. POS exhibits various… read more
Ginesys has recently released a new update in the Ginesys Web – Inventory module. With this feature enhancement, users are now able to capture and track the last inward rate of non-inventory items such as storage racks, packing material, trial… read more
Regardless of the industry, customer retention is the key to the growth of any business. We all know that customer retention costs five times lesser than new customer acquisition. Additionally, the probability of converting an existing customer… read more