Smart retail is an integrated retail management system which includes end to end inventory management, procurement, terminal sales, and business accounting.
Retail Companies around the globe face stern challenges to streamline their inventory, point of sales terminals & financials to maintain data transparency, stock availability as per volatile market demand and quick decision making ability to meet the areas wise demand of all stores enabling quick replenishment of right stock.
It is required to have proper visibility of stock at multiple distribution & retail locations and fulfilment of stock at the right time. Industries expect seamless integration of business functions, robust processes in the current modern technology enabled world which is offered by mbas Smart Retail solution. It empowers organizations to increase profitability and customer retention.
Enhanced decision making capabilities due to the availability of consolidated view of sales performance and customer behavioural patterns
Optimal utilization of organizational resources & lower cost of operations due to the implementation of best inventory and warehouse management practices
Real-time stock, orders, sales, and financial information.
Better management and traceability of the retail business and its processes
Efficient tracking of items and current stock levels
Automated and streamlined planning and retail processes and their alignment with strategic goals
Flexibility of collections
Pre-defined templates to assist data migration from spreadsheets to Smart Retail
Smart retail is all-in-one cloud based POS solution simplifying your business with multi-taxation, multi-location and real time analytics.
It enables data transparency from the sales transaction at the POS, via automatic replenishment up to assortment and production planning.
Quick overview of branch-wise stock levels, product pictures, registration of staff working hours, registration of incoming goods, branch wise prices, statistical analysis, etc are some of the salient features in smart retail solution
Smart retail offers scalability for growing businesses / retail chains across global avenues.ss