Vin eRetail™s

Vin eRetail is a SaaS based software to enable retailers, resellers, manufacturers, and distributors to automate each aspect of their entire business process. Thus, enabling the management team to remain focused on business development. This is how it works

Procurement Management – Procurement of goods and services is an important and strategic part of a retailer’s business. Studies show that 60% of costs are attributable to inventory cost.

Vin eRetail™ has rich functionality that enables a growing retail manage their procurement functions efficiently thereby enabling them to make sound sourcing decisions. Some of the key functionality that is available out of the box includes the following:

Multiple types of Purchase orders
Ability to source the same item from multiple vendors
Multi-level hierarchy of approvals
Different trigger points for replenishment – stock levels, daily average sales, current
inventory levels, etc.
Recommended quantities to reorder and timelines to reorder

Store Inventory Management – Store inventory management is a crucial module that enables the retailer to maintain accurate inventory of its products, track the inventory’s location and shares this information across the multiple sales channels thereby preventing an out of stock situation and ensures a satisfied customer.

Vin eRetail’s store inventory management module is designed with ensuring a company succeed in managing its inventory accurately. The module has the following features:

Master File Enquiry – Enquiry module for master data related to products, vendor, pricing, etc., received from Head Office.
Purchase Order – Purchase order (Direct store Purchase) module created at stores for Vendor.
Goods Receiving – Goods receiving module against a Purchase order created at Head office or Stores. This module also captures information of invoice sent by vendor against a Purchase order.
Return to Vendor – RTV Module for purchase returns due to various reasons like stock expiry, inferior quality, poor sales etc.
Stock Adjustment – Stock adjustment is done to adjust stock due to various reasons like internal consumption, pilferage etc.
Stock Check – Stock check for high shrink and high value items.
Inter Store Transfer – Stock transfer from one store to another based on the request raised by another store.
Reporting – Various kinds of reports related to purchase order note, Goods receiving note, management reports, sales reports etc.

Merchandising Management – Proctor your merchandise information to an extensive level. This requires management of information from product inception to its final clearance. Record information about the costs, plan the merchandise to procure and sell, control the variety by analyzing which products are in demand and generate sales, plan the assortment and deciding the merchandise mix.

Vin eRetail™ helps companies succeed in their merchandising strategies by providing following features in its merchandising management module:

Multiple levels of Organizational Hierarchy
Multiple Levels of Merchandising Categories
SKU Management
SKU Multi pricing and cost management
Multi SKU Bar codes
SKU Pricing Scheme for B2B and B2C customers
Vendor Management
Tax Management

Order Management – Vin eRetail’s Order management helps your company deliver a superior customer experience by integrating the various aspects of order fulfillment process in the multiple sales channels. This enables the customer to order anywhere, pickup anywhere and return anywhere. Vin eRetail supports the following:

Multi-channel order support (offline and integrated third party front-end application)
Comprehensive Order life cycle
Auto and manual allocation of orders
Highly structured batch for EOD calculation for stock Ledger: Summaries for the daily transactions for a store Calculation of closing balance for the day Calculation of Average costs and Calculation of Average daily Sales
Recalculation of Stock ledger and average cost for a period in case of any mismatch

Warehousing Management – Vin eRetail provides simplified and integrated Warehouse Management Solution to manage the key functions of warehouse management such as:

Inbound Management
Outbound Management
Inventory Management
Stock Commitment

Returns Management – ‘Returns’ management has traditionally been a difficult task to manage whether it is for a vendor or for a customer. Vin eRetail’s returns management module manages all ‘Returns’ scenarios effectively, ensuring smooth and quick turnaround time. The system has a capability to handle both vendor and customer returns.

Vendor Return