Retail Market: Thrust in Software Solutions

Here is a list of various retail management software used in different departments of retail industry to enhance the performance and profitability of stores.

  • ERP Software-as-a-Service (SaaS)
  • Point Of Sale (POS) Solutions
  • Inventory Management & Control
  • Supply Chain Management
  • Reports On Performance
  • Customer Solutions
  • Accounting & Financial Management
  • Mobility Solutions
  • Social Networking
  • Business Analytics
  • Affiliate Marketing

Cloud solutions & Software-as-a-Service (SaaS)

E-tail and retail companies gets cloud support by leveraging the powerful ERP solutions. Retail operations can be managed online using a centralized database without making investments in infrastructure like server, firewall, licensing, anti-virus, etc. This software is easier to install and provides a number of benefits which include offline storage support (without an internet connection), push notifications, and supports multiple mobile platforms like iOS, Android, etc.

Point of Sale (POS)

POS software solution helps retailers to face some of the difficult challenges of retail market. A right POS software provides better shopping experience, improves productivity and drives sales of customers. Point of sale includes payments, cash management, security control, and employee management.

Inventory Management & Control

Retail business is supported by a robust inventory management and control software offering multiple channel and multiple location support. This software is flexible and can manage orders, billing, pricing, shipping and sales. You also get SMS alerts if a specific order level for each item is reached and also helps you to track the goods in various warehouses or locations.

Supply Chain Management

Supply chain solutions involves shipping products and services much faster, with better quality. The various components of supply chain management solutions are warehouse management, inventory management & control, wireless tracking, and point of sale solutions. Retailers can manage orders and stocks efficiently and can also make the supply channel very effectively.

Reports

Retailers can generate reports and analyze performance of stores, departments, customers, employees, stock, sales and products using the Reports software, which also helps retailers to maximize their efficiency and profits.

CRM Solutions

Customer Relationship Management (CRM) software allows retailers to capitalize on customers’ database and their history of transactions across sales channels and meet the challenges in retail market. CRM strategies provides a 360 degree view of customers and makes retail marketing solutions easy. It paves way for long-lasting and enduring customer relationships and is surely a loyalty addition for retailers and support them through some aggressive marketing campaigns and promotions at point of sale.

Accounting & Financial Management

All the accounting and financial needs of stores can be successfully managed, controlled and made easier with Accounting & Financial Management software. This includes bank accounts, inventory, vendor, billing; employees and payroll management which help retail companies to make some quick decision-making.

Web Store

Retailers can integrate eCommerce features to host their existing site adding online shopping, payment gateways, multiple language and currency options which are cost-effective and provides intuitive shopping experience to customers.

Mobility solutions

Retailers can harness the power of mobile technology on POS solutions to service customers anywhere, anytime – on the go. Mobile POS makes customer interactions engaging and they can get up to date product and store information by integrating GPS in smartphones and tablets. This helps retailers to provide high quality customer service, improve efficiency and increase profitability.

Analytics

With Analytics, business data can be transformed into meaningful information and enables retailers to take informed decisions and also gain a competitive edge over their rivals. Analytics software doesn’t need higher investments from retailers. It helps retailers to customize Analytics features thereby increase their sales volume, which will in turn increase their profitability and provide better ROI.

Affiliate Marketing

Retailers can create email marketing campaigns, search-engine optimization and affiliate marketing strategies which will increase revenues, reduce costs and improve ROI in real time basis. Discounts, deals, promotions, coupons, volume pricing and customer-specific discounts will drive sales exponentially and promote customer loyalty.

Why Shipping Software Is Crucial in Modern Maritime Industry

Liner vessels carry more than 60 percent of cargoes transported by sea each year. Transporting these cargoes involves a network of ships, trucks, and trains moving through several transfer points known as intermodal connectors. Any problem or disruption anywhere in the network can result in shipment delays and increased costs – issues that hurt many shipping companies even until now. Eliminating such problems is the reason why more and more liner ship operators invest in liner shipping software.

Liner vessels such as Roll-on / Roll-off (RoRo), container ships, and break bulk vessels are capable of moving thousands of truckloads of cargo on a single voyage at full capacity. However, managing cargo transport operations can be complicated and may require hundreds of workers to manually perform routines from packing, to warehousing, inventory, loading, transshipping, and discharging of consignments. Integrated shipping software automates time-consuming and labor-intensive processes involved in tracking and managing cargo transport process resulting in increased efficiency, profitability, and reduced overhead.

Marine software solutions can be purchased off-the-shelf and at affordable price from many software houses in the market. These are easy to install, can be customized to fit different business requirements, and can be easily integrated into existing business platforms. Additionally, modern shipping line software have built-in “switching” feature which ensures that operators and their customer are not forced to use on-size-fits-all system.

One example of maritime software application which can be found is container tracking software. Operators use this software application to provide their clients visibility on the actual progress of the cargo transport process, giving them peace of mind knowing that their shipments are in good hands and are delivered on time. It captures real-time reports on container movements including departure, transshipment, and discharging.

To maximize profitability, shipping companies use voyage calculation software to forecast operational costs and income they will generate from each voyage or port call. Also known as voyage accounting software, this application enables operators to calculate all possible expenses including port costs, cargo costs including voyage and bunker costs. Operators can use this information to identify desirable and undesirable freights, manage their cargo mix, increase or decrease volume when necessary, and choose the most cost-effective deployment and rotation of a vessel to ensure profitability. Additionally, operators can use this application to run multiple calculations simultaneously and compare rates in order to determine options with best commercial value.

Shipping software companies continue to develop solutions in order to provide operators with tools they need to automate critical processes and develop strategies to effectively streamline and simplify their operations, reduce overhead, and improve their services. Operators must evaluate their business carefully and decide on the right type of shipping software solution to use.

Ground Breaking Software Solution For Seamless Shipping

Business operations in today’s interconnected market has evolved significantly. With the rising international and commercial trade, tracking incoming and outgoing goods from different locations has proven to be a challenging task for a lot of businesses. In order to achieve harmonized shipping operations, good shipping software is required.

A reliable shipping software solution seamlessly merges into your business’ processes and work flow. The goal for using such software is to automate all labor intensive functions as much as possible.

In the shipping industry, there is a need for a flexible solution that can efficiently aid in managing and overseeing shipping functions with the use of the Internet. A unified administration system controls cargo flow management from a central location which offers the capability to control agents, vessels, and equipments. All involved parties are able to trace the shipment’s movements in real-time.

What is important about a shipping software solution is that it can be tailored to automate existing procedures and provide built in best practices at the same time. You can enforce selected modules that conforms to your shipping needs regardless if you are a large container carrier or a local feeder operator. If the company wants to improve the utilization of their existing container stock, an off-the-shelf equipment control system will come with built in modules for container tracking, container forecasting, turn around analysis, lease management, and demurrage detention billing.

The use of a voyage calculation software will provide complete control over voyage revenues and expenses to maximize profitability. It will automatically calculate voyage and port cost related fees and expenses and reconcile supplier invoices against actual volumes and agreed supplier tariffs. This will avoid costly mistakes and helps to ensure an integrated information flow between operations and accounts payable.

Shipping software provides features that will allow shipping companies to automate processes that have been hard to control and that still rely mainly on manual procedures. An all-in-one system ensures that all the important operational elements in this industry are managed in the most efficient way. The primary objective of having shipping software in place is to have a completely organized shipping process that increases productivity and reduces operational expenses. The complexity of transportation processes to and from any part of the world should be reduced considerably for greater ROI. Shipping software solutions help in achieving excellent customer service as well as streamline operations.

With adaptable off-the-shelf solutions accessible to gain competitive edge, it is vital for shipping agencies and shipping companies to utilize modern software technology in their daily business.