Do You Have to Make Half-a-Million Decisions a Week?
A shoe store with 400 different
styles in 10 sizes and 3 colors has a total
of 12,000 possible items to stock in a store. If we multiply this
number
by 40 different stores, then we are talking about 480,000 possible
items
in inventory for this particular chain. This means that the management
of this shoe chain must make half a million supply policy
decisions
every three months (if only by omission) and take half a million supply
actions every week. A supply policy decision is asking, “How many pairs
of Suede Boots 2214 do I want in black size 4 in store 37?” A supply
action
on the other hand, is, “We decided to have two pairs of our 4829 Boots
tan color size 5.5 in store 19. Do we still have two there? Or Do I
need
to send them one or two more pairs?”
Sound complicated? It is. There is
no way half a million decisions can
be taken correctly and efficiently without the help of sophisticated
retail software
like XpertMart™
that automates the process by monitoring sales on a daily basis and
suggesting
purchasing and distribution decisions. If they are to reap all of
the benefits retail software affords, retailers must harness the
information such
a retail system provides across their entire distribution system,
changing the
way they purchase merchandise, receive shipments in their warehouse,
transfer
out to their stores, move items between stores and ultimately,
purchase
again starting the whole process over. Systems and Operations must work
hand-in-hand in an effective retail software system.
XpertMart™ retail software is a
complete system that precisely controls inventory, gathers statistics
at point of sale, produces many insightful reports and has processes to
automate the retail management for optimum sales with minimum stock.
General Characteristics:
- Works on a stand alone computer or on a network of
computers.
- Runs on PC computers with Windows or Macintosh with OS X
- XpertMart™
is written 100% in Java
More information
on
XpertMart™
retail software
