Home  |  Newsletter | Feedback | Advertise - Online  | Help

Google
Web dqindia.com
Search by issue  | Sitemap

• Visit pcquest.com to know all about the business benefits of IT infrastructure outsourcing • Ad : Play and Plug ERP by IBM

 
Home > Verticals

Major Brands : Haute Couture and IT
Major Brands implemented DVS retail solution and improved inventory valuation
Stuti Das
Wednesday, December 10, 2008
Print Comment Email DiggDigg DeliciousDel.icio.us RedittReddit TwitterTwitter

Operating in thirty-two stores across India, Major Brands international brands like Mango, Nine West, Bally, Promod, La Senza, Charles & Keith, Inglot, Okaidi, among others. The company intends to scale up the stores to 100 by 2009 end.

The company initially was being managed with data coming in centrally from diverse locations, and one person was responsible for collating data and feeding it at a place. Moreover, as we do a lot of offers and schemes, in the old software it was difficult for us to include these offers. Earlier we relied on our store manager completely for executing schemes like buy one get one free with no idea whether they were offered at all or not. In short, there was no option in the previous system to define offers and schemes, says Kamal Kotak, MD, Major Brands.

Facing Challenges
In order to manage each store, constant availability of information round the clock was a prerequisite.

With the growth in business, any organization is faced with inventory and database issues. The company therefore came to the conclusion that the need of the hour was to have an end-to-end integrated solution, that would help the client to resolve ever- increasing business challenges.

Moreover, with multiple systems, critical data was not available online for making informed decisions. We could not ascertain whether our stores were making profit or not; which of the brands were best-sellers and which simply occupied shelf space, adds Kotak.

Rolling in Benefits
During the implementation of LS Retail solution from DVS, training of users was a major issue.

The purchase module too was automated. The company now does not prepare manual POS, as the overseas vendors send the details with the barcodes. A utility was created to import the data for the POS instead of users entering the same in the system.

Indirect sales were also customized. As Major Brands also sells inventory through third-party vendors like Shoppers Stop, as it does not have a billing system at these places, the sales data received from these outlets were automatically imported into Microsoft Dynamics through a utility that was developed by the implementation partner.

Post implementation, Kotak admits, the benefits are clearly visible: The system is user-friendly and the offers and schemes easily integrated into the billing system. Most importantly, inventory valuation is done seamlessly and every time they make an inventory purchase, the inventory is updated automatically.

Stuti Das
stutid@cybermedia.co.in

Page(s)   1  

Print Comment Email DiggDigg DeliciousDel.icio.us RedittReddit TwitterTwitter



ZTE:Leading CDMA Technology


Extraordinary Networks:Freedom of Choice






Collective Intelligence @ Work

Analysts: Guiding Stars or Shepherds?

How's the 'pitch' looking?

What's your Everest?

 

 

 

 

 

 

Magazine Subscription | Sitemap | Contact Us | About Us | Advertising Print | Mediakit Print | jobs@cybermedia

Other CyberMedia web sites
  [Voice&Data]  [CIOL]  [PCQuest]  [Living Digital]  [IDC India]
  [CIOL Shop]  [DQ Channels]  [DQweek]  [CyberMedia Events]
  [Cybermedia Digital]  [CyberMedia India]   [Cyber Astro
  [Global Services Media ]  [BioSpectrum]  [BioSpectrum Asia]