Enterprise Resource Planning Software Solutions
ERP Software Solutions is a powerful tool for businesses of all sizes. With the ability to streamline operations, improve efficiencies, and boost productivity, ERP software is a must-have for any organization looking to stay ahead of the competition. From inventory and order management to financial reporting and analytics, ERP software solutions provide a comprehensive suite of tools to help businesses operate more efficiently and make better-informed decisions.
There can be quite a lot of needs for automating central operations in a distribution network with ERP software tools:
- The retail business is developing rapidly.
- The network is in the process of work optimization.
- The existing system does not meet the current tasks of the company.
- There is no reliable and effective tool for optimizing business processes.
- There are plans to introduce serious industry platforms and business process restructuring.
In addition, increasing investment attractiveness may still be a challenge for some retail market players.
The format of large retail stores involves a large assortment of goods, a complex order system, and much information that distinguishes the retail industry solution from other accounting systems of the ERP software solutions class. Traditionally, a retail company defines three levels of automation:
- Cash transactions (front office)
- Store operations (back office)
- Operations of the company’s central office (head office)
Accordingly, an industry-specific, reliable, productive, and scalable platform is required to automate the operations management of a modern retail company.
Reaching the goal of centralization, transfer to a single platform with scalability, and automation of operations in the distribution network, the retail company ultimately provides itself with the following:
- Lower operating costs
- Profit increase
- Centralized master data management
- Supplier coordination, terms and conditions, and procurement schedules
- Inventory administration
- Assortment administration
- Sales conditions, margins, and pricing coordination
- Sales channel administration (retail, wholesale, and online trading)
- Management of domestic production
- PROMO activity workflow
- Statistics, operational and current reporting
3 BASIC ADVANTAGES
management costs
of administrative staff
One of the most crucial problems for any retailer is to get complete and up-to-date information. And it is impossible to get complete and up-to-date information without standardization and automation of business processes. The solution for managing operations must cope with data storage and its processing because of the exponential growth of data processed in the retail chain. The answer is Enterprise resource planning software.
Considering the requirements of companies, a prerequisite is the availability of Master Data Management software (master data management) the foundation of a trade chain management system which includes basic data on:
- Vendor code (Commodity structure, Goods (product description, including sales and supply data), Raw materials, and production cards of the actual production);
- Retail chain (Shops and warehouses, Organizational structure);
- Suppliers and customers (Suppliers, Customers, Contracts: commercial, payment, service).
In terms of operations performed with data in retail companies, the industry solution of Atriny Group, ERP software, carries automation of operations, including:
- Administration of groups of stores by assortment/pricing/suppliers
- Manual order
- Order with quantity proposal
- Auto Order software
- Copying orders
- Consolidated orders for suppliers based on orders from outlets
- Ability to enter or conduct operations with negative or zero quantities/prices, restrictions on changing dates
- Receiving goods with order generation
- Receiving goods on existing order
- Receiving goods with modification of quantity and price
- Receiving goods with a larger / smaller quantity than ordered
- Receiving goods with packaging
- Receiving piece/weight goods
- Transfer between warehouses
- Transfer between outlets
- Batch Tracking
- Expiration Tracking
- Administration goods on the way
- Managing balances by each point
- Correcting balances with the ability to identify various types of reasons for corrections
- Conducting rediscounting by product/supplier / product group/outlets
- Leftover inventory Lock
- Conducting scheduled rediscounts
- Centralized master data management
- Supplier regulation
- Outlets regulation
- Procurement and Budget Management
- Retro Bonus Management
- Supplier Budget Management
- Assortment regulation
- Pricing Management (Retail, Wholesale)
- Promotion Regulations
- Sales Management
- Order Flow Management
- Managing hierarchy and category tree
- Packaging administration
- Equipment management from suppliers
- Contract administration (commercial, payment, service)
- Cost regulation
- Wholesale
- Inventory and goods regulation
- Supplier Returns Management
- Credit Note & Reminder Management
- Import management
- Commission Sales Management
- In-house store management
- Reconciliation of vendor invoices
- Setting up work-flow for entering product master data
- Setting up work-flow for entering product master data
- Assortment management work-flow setup
- Setting up workflow for creating orders
- Centralized reporting on various processes
The ERP software solution offered by Atriny Group is scalable and supports the operation of the retail chain with more than 15 thousand retail outlets.
When switching to a resource planning solution from Atriny Group, a retailer receives an effective solution for managing basic retail operations:
- The ERP software solution is developed considering 30 years of experience in implementing the largest retail chains worldwide.
- The ERP software developed regarding the latest trends and trends in global retail.
- An effective Enterprise management software solution that automates all the major processes of a retailer in the field of Supply Chain Management.
In practice, when implementing accounting systems, an increase in staff productivity is declared, a reduction in the number of errors (related to data entry and reconciliation), more effective management decisions, lower unproductive expenses, etc. However, the project’s main objective in implementing a centralized solution for operations management should be to increase the company’s efficiency.
Implementation Performance Indicators
According to independent news agencies, companies can achieve really significant results with the right and carefully planned implementation, such as:
- Lower operational and management costs
- Lower business costs
- Reduced insurance stock levels
- Increase in turnover of funds in the calculations
- Increased inventory turnover
- Just-in-time supply increases
- Inventory reduction
- Reducing the cycle of sales of goods
- Business process control at all levels
- Improving the readiness of goods for sale
- Assortment quality improvement
- Procurement Process Transparency
- Easy management of replenishment policies, trade policies, discount management
- Optimization of distribution of logistic flows
- Easy management of promotional and seasonal activities
- Fresh Food Management
- Convenient compensation control
- A convenient means of communication with trading partners
- A convenient means of communication with trading partners
- More accurate cost accounting
- Decrease in closing accounting period
- Reducing the cost of administrative staff
- Elimination of manual preparation and maintenance of documents