Retail Solutions

eXensys Futura Industry Retail Solution

Industry Value Chain

The new millennium has brought new methods of computing in retail industry which has dramatically changed the rules of the game. The world is passing through rapid technological revolution. We are transcending the limitations of communication, information availability, hardware, client server technology, main frame technology, networking, speed of access to information so on and so forth. Retail business needs for harnessing the technology is increasing multi-fold every day. We are faced with new technologies, competition, and new opportunities that bring new issues to consider, contemplate and conquer. If we look at the past the traditional and embrace retail business and global challenges, now it is time to look beyond and focus on issues lurking in cyber space and beyond.

Organizations are now looking at opportunities from global perspective as the competition is inching towards speed. It is not just enough to know how the business is conducted but it is vital to know the emerging technologies such that expectations are growing more towards complete end-to-end automation of Retail Industry gamut. There are real business needs that need to be handled by the technology .Today the Retail industry operates in an extremely competitive environment and strives to meet profitability goals by abiding to legal and social standards, and regulations. An enterprise can win only when it is capable of delivering products and services in time and at the lowest price. This mandates meticulous inventory planning, access to market intelligence and outstanding performance on managing the inbound, outbound and logistics, and focusing on innovative channels of distribution.

Generic Industry Pain Points

	Managing cycle time
	Complete control over the Item stock and replenishments
	Coordination between the multiple stores and the head office with regard to purchases and the corresponding sales
	Managing receipt and delivery of the items both inbound and outbound
	Arriving at the selling price for the items based on the landed cost
	Procuring right material at right time from a right vendor
	Price Management based on the market dynamics
	Gain greater visibility of the stores, POS and Head office operations
	Retention of the loyal customers
	Improving services to the customers
	Vendor evaluation and management
	Reduction of the overhead costs
	Periodic evaluation of stocks and preparation of the reconciliation
	To provide better quality of services by automating the process and oper To transfer the data collected to respective field, regional, and head offices.
	To obtain efficient services from the POS in terms of fast processing of verification of the goods and generation of correct bills.
	To save time and resources by avoiding jams at counters and by providing multiple points for generating the bills. ABC analysis of the goods
	Effective promotional schemes to clear the stocks
	Effective information flow between the POS and respective back office operations
	Multi currency and lingual support
	Effective and secured administrative controls
	Acceptance of multiple payment modes
	Accurate postings in the books of account
	Accurate application of the discount structures across the POS
	Correct calculation of the incentives of the sales persons at the point of sale
	Accurate calculation of the perks based on the achievement of the targets
	Generation of Short term profit statements
	Effective Decision Making process
	Control of variable costs effecting the profit margins

Value Creation

Exensys Futura Industry Retail solution is a very comprehensive integrated software application that computerizes various functions of the organization including point of sale. The system can be tuned to meet the automation levels as per the needs of the management. This enhances the scope of the application vastly with dynamic processing built-in. The administration is fully supported with various MIS assistance. With its robust Procurement, Inventory, Sales & Distribution coupled with rich Point of Sale (POS), it empowers organizations to increase profitability and customer retention.
eXensys Futura Retail Solution has helped hundreds of retailers develop their businesses by gaining new customers, increasing repeat business by providing customers with exceptional support and service, and also offering them new products to purchase. Through new product offerings, innovative strategies and inventive presentations; repeat business is strengthened, all these stimulate the sales and keep customers revisiting, keeps them updated with product shelf availability and improves financial performance.
Value Proposition Chain
	Integrated Software: Common software for all functions with POS and provision to operate independently when not connected and real time updation when connected.
	Goods Tracking: Efficient goods tracking and monitoring system for transit & incoming goods by exchanging information with other point of sale or warehouse or stores.
	Transaction Time Optimization: Reduction in the transaction processing time
	Multi-counter services: Multi counter for all customers to provide services thus leaving less scope for dissatisfaction and improvement of relationship building.
	Decision support system for effective decision making process for immediate and strategic issues.
	Integration with external systems and devices like – digital video cameras, wireless devices (PDAs), smart card systems, barcode scanners, barcode generators, bio-metric systems, electronic weigh-machines, etc.
	Auditing made easy At the time of audit conducted by Head office at POS it will generate Mis-matches if any and conducts unbiased stock audits. It can print the report immediately.
	Improved efficiency of the POS and increased productivity of the staff as the system is capable of generating exact commissions made by the staff at the time of generating the bill itself. The pay slip reflecting the correct figures of emoluments/ perks with out errors is the biggest motivation to any salaried person.
	Secure Transactions and monitoring All the transactions made are highly secured as the system is protected through various authorization levels.
	Secured data Interchange between the POS and the respective departments of the organization.
	Superior Ease of Use: It allows non-technical staff to tailor system features to expanding business needs without costly, time-consuming custom programming. All POS management is done in the familiar Windows environment.
	Unsurpassed Flexibility: It enables users to quickly set up multiple revenue centers. Each revenue center's sales can be individually tracked by server, terminal, hour, or menu item.
	Advanced System Security: Security is crucial for the controls and integrity required in a fast-paced hospitality environment. Access to Exensys Futura can be defined screen by screen. YOU determine the security levels for your operation. Perhaps, you want to enable an accounting clerk to run a specific set of financial reports but have no access to menu item pricing or allow only managers to void or refund a check.
	Comprehensive Reporting With real-time transaction posting, up-to-the-minute information is always available. Users have access to a full range of report templates or can create customized reports through an off-the-shelf database program. Daily reports, report groups, and resets can be pre-configured and automatically generated at a specified time without interrupting POS operations
	Electronic Audit Trail An electronic audit trail records all terminal transactions and system activity, including non-sale functions. This allows to act as an "electronic spy" that can analyze in detail the operations of a specific operator, terminal, POS, or transaction type.
	Complete Redundancy Intelligent POS terminals provide complete data security. If for any reason a terminal is disconnected from the system server, users can continue to ring up sales with no system downtime. All data can be captured off-line at the POS terminal and transmitted to the server upon reconnection.
	Electronic Data Interchange eXensys Futura supports international EDI standards and offers a secure way to exchange data with the suppliers and with the never out of stock process, you have an optimal way of running branches and concessions. Futura allows data to be exchanged via EDI between supplier/manufacturer and retailer
	Intelligent Decision Support System (IDSS) Intelligent Decision Support System is a comprehensive & analytical query based reporting system that will be useful to officials at all levels in offering better services to the clients and will also help in improving the performance of the Organization and improve productivity of the staff. This system will help officials to take decisions based upon factual and analytical information derived from the database. The main objective is to develop a comprehensive support system that will help officials in making effective decisions and to develop a comparative reporting system that will compare (the information reported) and bring out mismatches (if any).

>top