Need for ERP Solutions in the Retail Sector
- When a business grows,
- The amount of data generated increases - Data is the blood of the business and needs to be kept flowing
- There are data sources to track
- Managing all that information across multiple platforms becomes costly, time-consuming and prone to mismanagement
Need for ERP Solutions in the Retail Sector
- ERP system can help businesses scale appropriately and account for any increase in demand
- Even if the implementation of ERP solutions for businesses comes with high upfront costs, they save money in the long run by streamlining processes and maximizing workflow efficiency
- ERP systems enable
- Catalyzing IT innovation
- Improving speed/time to market
- Improving performance
- Rapid elasticity/scalability
- Access to new technology
Benefits of ERP Solutions
- ERP systems streamline data while reducing training costs, user error and the expense of maintaining multiple systems
- ERP drive functional excellence in human resources, finance and other key operational units, positioning the wider organization for sustainable growth and success
- It also consolidates this data into a single, easy-to-navigate dashboard, providing greater efficiency, accuracy and insight into your internal processes
SYNE’s M-Trade and Mobile ERP solutions
- Enable distribution of merchandise between producers(OEM), Dealers/Retailers and Consumers of goods
- Bridges the gap between the buyer and the seller by making it easier to setup and conduct silent bidding – both for buyer and seller and can be accessed from anywhere in the world
- Uses A cloud/on-premise ERP with IMEI based mobile Sales & Inventory tracking system
For the buyer displays
- New buyer order
- Pending buying request
- Pending BO proposal
- Pending BO confirmation
- Confirmed buying request
- Confirmed buyer order
For the Seller displays
- New seller order
- Pending seller request
- Pending SO proposal
- Pending SO confirmation
- Confirmed selling request
- Confirmed selling order
Advantage
For your ERP journey, SYNE helps to
- Define the need for change and level of the desired transformation by clearly articulate the expected benefits and impact
- Determine the level of customization required
- Seamlessly implement by developing a project roadmap
- Align key stakeholders
- Address change management concerns
100% customer satisfaction, sustainable profitability and repeated business with maximum return on Investment.
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