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How to Address Future Retail Business Challenges?

When the pandemic started and the global lockdown was announced, the first challenge that retailers faced was to cop-up with the sudden rise in essential items. At that time, many challenges surfaced like inventory management, handling sudden demand-outburst, internal theft, etc.. After that, online ordering and delivery of items was introduced at a large

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The Future of Fashion in Contactless Commerce

In the fashion & apparel industry, one of the things that a consumer desires are to have a close connection with his/her favorite brands and the party behind them. But now, during the pandemic and after it’s all over, they want to make less physical contact as much as possible. The restrictions placed during the lockdown period had a great impact on

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Contactless Payments are the Future of Retail Business

Since the start of this global pandemic, there have been dramatic changes in our lives, and the business models of almost every industry. People started adopting online shopping & payment methods, home delivery of groceries experienced a huge boost, and much more. The COVID-19 also accelerated the demand for cashless payment modes as consumers want to

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ERP Insight : Things that Fashion Businesses Need to Know to Grow

Everyone wants to run a successful business, making sure it’s in the right position to scale. It’s a nice thought to have. But to make the business come out of the small potatoes, there are few things that companies have to confront: market trends, inventory management, changes in the retail industry, etc. These changes are not new, but they take

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Managing Multi-Store Retail Business with ERP Software Solution

It isn’t an easy task to run a multi-store retail business. But if you have the right tools, people, and process, you will find that managing the tasks of several stores are very easy. In this article, we’ll talk about the few steps that you can take for ensuring your stores run without any problem under your watch. Following are some of the tips to

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End-To-End ERP System for Fashion & Apparel Business

The world has seen a lot of changes in the past few years such as a change in consumer’s behavior when buying apparels. This switch in mentality is because of ‘see now, wear now, and buy now’ parameters introduced in the fashion world. Also, the influence of social media influencers is something to give credit to. They have more power compared to

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7 Useful Manufacturing ERP Modules Your ERP Software Should Have

Every manufacturing industry is dependent upon ERP system. It all started with Manufacturing Requirements Planning and now, it has grown into Enterprise Resource Planning. Manufacturing industry comprises several businesses: Pharma industry that manufactures a large number of livestock medicines, surgical equipment, etc. Bakery business that

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Impact of Goods and Service Tax on the Retail Industry

There are huge benefits of GST on retail sector to alleviate the problems of India’s indirect system which poses a serious threat to the formation of a single common market.. Indian retail sector is one of the fastest growing sector being 5th largest retail destination in the world. The retail industry is growing in every corner of the country. On July

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