Caricia to Install XpertMart
Software in Guatemalan Retail Chain
February 1, 2005
(CAMBRIDGE, MA) - Industrias
Caricia, one of the largest independent retailers of Central America,
announced today that it has selected XpertMart retail enterprise
software to run its subsidiary of 20 footwear stores in Guatemala.
Industrias Caricia chose XpertMart after an in-depth
comparison with other leading Point of Sale & Inventory Control
applications. The decision to install XpertMart in Guatemalan stores
comes after more than three years of successfully using XpertMart
software in 50 stores in El Salvador.
"We have seen dramatic cost savings by detecting
trends early, empowering employees and reducing the time needed to
analyze information and make decisions," says CEO Egan. "In the last
three years I can honestly say that XpertMart has more than paid for
Caricia will use XpertMart to set minimum stock levels
based on sales history along with it auto transfer functions to
automatically replenish sales in their 20 stores in Guatemala on a
bi-weekly basis the way they currently do with their stores in El
"We wanted the detailed control offered by XpertMart's
inventory audit log which shows how every single change to inventory is
applied," says Caricia CEO Omar Egan. "The cost of not knowing your
inventory can be overwhelming. We have dramatically reduced this cost
by using XpertMart."
One of the main criteria for selection a retail
enterprise system was how well it would integrate with Caricia's other
systems. Caricia is a vertically integrated company that runs
everything from tanneries to retail stores.
"Because XpertMart is built on open standards, we have
been able to take advantage of our previous investments in technology
such as using our existing Oracle database server and Business
Intelligence software," CEO Egan says. "XpertMart has done a great job
of documenting their database structure so integration with our
accounting and payroll systems was a breeze."
XpertMart's proprietary synchronization process gets
all the sales and inventory data from the stores to the main office
automatically overnight. Since XpertMart's data is stored in a
relational OLAP format, Caricia is able to immediately analyze the
previous days sales and stock and compare it to any previous sales
"We know exactly what's going in our stores," says
Egan. "We have been able to increase our sales while lowering our total
investment in inventory."
The rollout and installation of XpertMart in the
Guatemala stores is expected to be completed by the end of the month.
About Industrias Caricia
With over 30 years in the market, Industrias Caricia is the second most
important footwear company in El Salvador. Caricia manufactures over
100,000 pairs of footwear a month. A vertically integrated company,
Caricia owns and operates everything from a tannery and an out-sole
factory, to footwear retail stores. Caricia currently operates over 70
stores in Central America under two chains: Lee Shoes, which is a
family oriented footwear chain, and Top Brands, which is a higher
priced chain specializing in selling only the best footwear brands.
XpertMart is a complete retail management system specifically designed
for retailers of apparel, footwear, accessories and sporting goods. At
the heart of XpertMart is a Style/Color/Size1/Size2 matrix used to
display stock levels, sales and other critical data. XpertMart is
written entirely in Java and can run on Windows, Mac OS X and Linux.
XpertMart is developed by Dinari Systems LLC and is used by retailers
in the US, Canada, UK, Latin America and the Caribbean. A free trial
version is available for immediate download at our web site: www.xpertmart.com
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