This article throws light on LS NAV. Moreover, it talks about how retail management solutions can streamline the processes of the retailing business.
Here is a list of numerous retail management systems utilized in various departments of the retailing market to increase the performance & success of stores. A retail management solution like LS NAV can provide you with below-listed features and benefits.
- Enterprise resource planning software as a service also known as SaaS
- POS system solutions
- Handling of inventory
- SCM
- Performance reports
- Client solutions
- Financial solutions
SaaS solutions
Retail firms obtain cloud support by taking advantage of the powerful enterprise resource planning solutions. Retail operations could be handled on the web utilizing a centralized database without making investments in infra such as server, firewall, licensing, antivirus, and more. This solution is simpler to implement and offers a good deal of advantages that comprise offline storage support (without a web connection), push notifications, & supports manifold platforms such as iOS, Android, and more.
Point of Sale
The point of sale system assists retailers to confront a few of the tough challenges of the retailing industry. A correct point of sale software offers greater shopping experience, enhances production & drives sales of clients. POS comprises payments, dollar management, security control, as well as staff management.
Handling of inventory
Retailing business is supported by a strong inventory management & handling software providing manifold channel & manifold location support. This solution is supple & could handle orders, billing, costing, shopping as well as sales. You moreover obtain SMS alerts in case a particular order level for every product is reached & moreover assists you to track the goods in numerous warehouses or places.
SCM (supply chain management)
SCM or supply chain management comprises distribution goods & services much quicker, with greater quality. The numerous elements of SCM solutions are warehouse handling, inventory control & handling, wireless tracking, & POS solutions. Retailers could track orders & stocks effectively & could also create the supply channel extremely efficiently.
Reports
Retailers could make reports & assess store performance, departments, clients, staff, stock, sales & items utilizing the reports software that also assists retailers to avail their effectiveness & profits.
Customer retailer management solutions
CRM or customer relationship management solution facilitates retailers to focus on clients’ database & their transaction history around sales channels & meet up challenges in retailing market. Customer relationship management techniques offer a complete view of clients and create retail marketing solutions simple. It makes way for continuing and long term client relationships & is certainly a loyalty addition for retailers & support them via some bold marketing campaigns & marketing at POS.
Accounting & fiscal management All the fiscal & accounting requirements of stores could be successfully handled, manage, and made simpler with accounting & fiscal management software. This comprises bank accounts, inventory, vendor, billing; staff & payroll handling that assist retailing firms to create a few fast decision-making.
Point of Sale Software 