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Retail  
   
Challenges  
       

           

 
Customer purchase habits and desires are difficult to track. Store locations are hard to find. Customers struggle with locating particular store locations carrying specific inventory items. Customers are more knowledgeable about products and competitors, increasing the tendency to frequently shop across retailers.
 
Real-time visibility to out-of-stock situations at the store level is lacking. Out-of-stock situations aggravated by lack of visibility into current supply chain status. For instance, managers have little exposure to current shipment locations and estimated arrival times. Inventory received is not quickly reconciled with inventory ordered. Retailers are challenged to understand how customers are finding their stores and how to direct customers to find product when out of stock.
 
Key business trends and insights are hard to manage, analyze and view. Sales and marketing campaigns are ineffective due to inability to map demographic data against key customer attributes.
 
 
Our Solutions  
 
Cost
 
Business Objects profitability applications are uniquely able to meet the requirements of the retail industry. The flexible activity-based costing engine calculates cost using the most appropriate combination of methodologies - time splits, time-driven and transaction-based - within a single model, making for realistic driver-based planning and budgeting. At the same time, the profitability applications provide a rapid response to changes in underlying assumptions, which can very quickly and automatically be applied across the entire model.  
Net profitability analysis by item, category, supplier and store for better merchandising decisions.
Automated processes for calculating accurate costs of products across the retail supply chain.
Modeling of supply chain costs under different assumptions and scenarios.
A unique, industry-validated costing methodology for capturing supply chain costs at any level.
A scalable architecture for ongoing analysis of all product lines and the entire supplier base.
Stock
 
ICGC Retail Management Software will help you to organize all these factors
Entire inventory control processing including researching
Processing corrections, inventory work orders analysis for Stock Controlling, Reverse Logistics & Auditing
Accurate and timely completion of various inventory related account analysis
Report preparation relating to the monthly closing process
Stock Audit Schedule
Dump & Shrinkage Managing
Benchmarking
 
By using ICGC Retail Management Software, you would be able to benchmark all the given below aspects of retail industry,
Merchandise System
Financial System
Deal Files
Post of Sale Data
Item Master
Inventory Master
Receipts
Invoices
Manufacturer uploading
Errors and exceptions
Vendor collaborations
Metrics and Key Performance indicators
Delivery Parameters (Queuing Systems)
 
By using ICGC Retail Management Software, you will be able to improve your retail business 
Transport Management
Warehouse Management
Integration of supply chain
Forecast accurate sales
Space and Labor handling in real time
Client Loyalty
 
By using ICGC Retail Management Software, you will be able to improve your retail business by integrating all given aspects of client loyalty 
Brand loyalty
Business Intelligence Analysis
Buying Trends and campaign
Store Information
Customer Behavior
Psychographic Analysis
Satisfied Customer Analysis
Buying Pattern
By using ICGC Retail Management Software, you will be able to improve your retail business and we integrate all the given below aspects of buying pattern in retail industry,  
Improving efficiency of Supply Chain
Improving the Shopping experience
Business Optimization

 
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Web – enabled ERP with centralized / distributed system
Web – enabled ERP with centralized / distributed system
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