ERP systems
Having a modern supply chain management strategy provides the retailer with obvious business benefits. The ability to view, manage and modify very complex, changing components of the supply chain affects all business indicators, from procurement conditions and logistics costs to customer loyalty and market share.
There can be quite a lot of needs for automating central operations in a distribution network: 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 chains.
The format of large retail stores involves a large assortment of goods, a complex order system as well as much information that distinguishes the retail industry solution from other accounting systems of the ERP class. Traditionally, a retail company distinguishes three levels of automation: cash transactions (front office), store operations (back office), and operations of the company’s central office (head office). Accordingly, to automate the operations management of a modern retail company, an industry-specific, reliable, productive, and scalable platform is required, which is offered by Atriny in the form of its industry experience and best practices embedded in the software.
Reaching the goal of centralization, transfer to a single platform with scalability, automation of operations in distribution network, the retail company ultimately provides itself with:
- Lower operating costs
- Profit increase
- Centralized master data management
- Supplier management, terms and conditions and procurement schedules
- Inventory management
- Assortment management
- Sales conditions, margins and pricing management
- Sales channel management (retail, wholesale and online trading)
- Management of domestic production
- PROMO activity management
- Statistics, operational and current reporting
3 BASIC ADVANTAGES
One of the key problems retail companies are facing is getting up-to-date and complete information about the situation in a chain. And here one cannot do without standardization and automation of business processes. The solution for managing operations must cope not only with data storage but also with its processing because of exponential growth of data processed in the retail chain.
Considering requirements of companies, a prerequisite is the availability of Master Data Management (master data management) — 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 carries automation of operations with it, including:
- Management of groups of stores by assortment/pricing / suppliers
- Manual order
- Order with quantity proposal
- Auto Order
- Copying orders
- Consolidated orders for suppliers based on orders from outlets
- 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
- Managing 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 Management
- Procurement and Budget Management
- Retro Bonus Management
- Supplier Budget Management
- Assortment Management
- Pricing Management (Retail, Wholesale)
- Promotion Management
- Sales Management
- Order Flow Management
- Managing hierarchy and category tree
- Packaging management
- Equipment management from suppliers
- Contract management (commercial, payment, service)
- Cost Management
- Wholesale
- Inventory and goods management
- 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
- Outlets Management
The solution offered by Atriny is scalable and supports the operation of the retail chain with more than 15 thousand retail outlets.
When switching to an industry solution from Atriny, the retailer receives an effective solution for managing basic retail operations:
- The solution is developed considering 30 years of experience in the implementation of the largest retail chains around the world.
- The solution that is developed regarding the latest trends and trends in global retail.
- An effective 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 main objective of the project to implement a centralized solution for operations management should be to increase the efficiency of the company as a whole.
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
- More accurate cost accounting
- Decrease in closing accounting period
- Reducing the cost of administrative staff
- Elimination of manual preparation and maintenance of documents