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ERP implementation for retail and POS Company


Retail ERP plays a crucial role in implementing the dimensions and facet of a retail business. Let your company be big, medium or small, a smart and robust software featuring all aspects of a company is an absolute must. It is the right Retail ERP software integrates all data and related processes of any organization thereby compiling all necessary documents under one file.

ERP thus makes the internal transactions easy. Over time, Retail ERP has become a competitive tool for both small and big business houses. The better the ERP system, the smarter in the transactions.

ERP implementation for retail and POS Company

Features of Our Retail Erp

Megatherm ERP facilitates all planning activities and strategies as per the need of the situation for increased sales turnover.

  • Retail Store Operation
  • Point of Sales wise costing
  • Branch wise costing.
  • Shop wise warehouse control.
  • Return of rejected material
  • Maintenance of Vendor wise Item
  • Categorisation of different items.
  • Placed for Quality Checking
  • Creation of central warehouse for incoming material


Sub-Contracting:

  • An independent POS solution seamlessly integrated with SAP B1 with scheduled bulk posting.
  • An independent solution in central warehouse for pick/pack of material to be send to retail shops real time integrated with SAPB1.
  • Functionalities mapped with standard SAP B1 solution:

Retail Purchase Management

Megatherm ERP facilitates all planning activities and strategies as per the need of the situation for increased sales turnover. The ERP system helps to identify the best supplier for the purchase and also help decide the best price with respect to the competitors.

  • Maintenance of Vendor Master
  • Maintenance of Purchase Enquiry, if require
  • Maintenance of Purchase Quotation, if require
  • Purchase Quotation Comparison, if require
  • Maintenance of Purchase Order
  • Different reports related to Purchase Order

Supply Chain and Vendor Management

End-to-end supply, shipping of products demands the involvement of large database. Megatherm ERP potentially manages it all with great efficiency. lead time, the performance comparison of various vendors is important for better profitability of the retail business, which is managed efficiently by our ERP system.

  • Maintenance of gate entry register

Retail Incoming Quality Management:

Keeping a right track of inventory is important for business monitoring and growth. ERP constantly oversees the flow of units into and out of an existing inventory along with the quality of incoming raw material.

  • Quality reporting of incoming material
  • Acceptance of material in Good Stock and Returnable stock.

Retail Stores/Inventory Management:

Keeping a right track of inventory is important for business monitoring and growth. ERP constantly oversees the flow of units into and out of an existing inventory along with raw material, WIP and finished goods.

  • Maintenance of preferred Vendor for Item
  • Categorisation of different items. (Merchandise Code).
  • Receiving incoming material
  • Placed for Quality Checking
  • Maintenance of GRN for approved material
  • Return of rejected material
Warehouse Management:

keeping a track of product stock in the warehouse is important as it is the stock that decides the upcoming production rates. Managing various warehouses simultaneously is a cumbersome job, but it is easily managed by our ERO system with great accuracy.

  • Creation of central warehouse for incoming material
  • Creation of Shop wise warehouse to control/monitor shop wise inventory
  • Shop wise/overall item wise inventory control/monitoring

Retail Sales Management

not all outlets have the same demand of the particular good. The demand varies from place to place. This sales demand is easily managed by our ERP system. It thereby makes it convenient to decide the supply and logistics of the goods.

  • Retail sales will be mapped through the POS portal
  • Delivery of Material
  • Maintenance of Sales Return
  • Maintenance of Tax Invoice
  • Maintenance of Sales Credit Note
  • Shop wise - Consolidated Sales will be booked in SAP
  • GST related documentation will be mapped in SAP
Retail Logistics Management:

In addition to the sales management as discussed the logistic charge and best facilities based on demand is easily monitored by our Megatherm ERP system.

  • Maintenance of Logistic Vendor Master Data
  • Placement of Service Orders
  • Processing of Transporter Invoice with relevant Taxes
  • Alerts at different stages of transaction
RetailTaxation Management:

Paying tax is a big part of any retail business. However, there are several schemes by which taxation can be reduced. Megatherm ERP takes care of all these schemes and their timely access.

  • GST
  • Different GST related reports.
Accounts Management:

Our ERP sorts detailed financial flow facilitating efficient accounting policies with a high level of regulatory compliance. Managing employee accounts too have become hassle-free with our updated ERP system.

  • Multi-Currency Accounting
  • Maintenance of Chart of Accounts - up to 10 levels
  • Maintenance of recurring posting templates.
  • Journal Voucher - posting through approval.
  • Journal Entry
  • Supplier Invoice processing.
  • Incoming & Outgoing Banking
  • BRS
  • General Ledger/ Trial Balance/ P&L Account/Balance Sheet - Overall/Division wise
  • Different Reports
Retail Alert Management:

Alerts related to production, new launches and even Customer management becomes way too easy with the automated processes for capturing data, customer preferences and activities with ERP for retail.

  • Auto generated Alerts from SAP - Desktop, Android Phones, iPhones
Approval Management:

Once a new programme needs to be launched, it needs the approval of several sectors from time to time along with several changes. ERP designs all discussion under one file thereby making all changes noticeable and updated.

  • Auto generated Alerts from SAP - Desktop, Android Phones, iPhones


Standard Features of SAP APPS

Functionalities mapped with independent desktop based POS solution:

Each Shop/POS will have SAP to handle/monitor overall inventory and accounting transactions. Material will be transferred from central warehouse to Shop wise Central warehouse and therefrom to the shop/display area. On day end an item wise consolidated sales with different payment means will be booked in SAP.

The POS solution will be an independent solution. Individual Shop will have a separate solution/database will be maintained in separate Server. It will require connectivity with SAP only at the time of data synchronisation. Shop wise Inventory will be maintained in SAP..

Functionalities in the POS solution:
Sales Booking:
  • Transaction wise - Item wise Sales Booking
  • Invoice wise - Item wise Sales return Booking
  • Daily Sales Stock Report
Payment Booking:
  • Invoice wise - Payment means wise transaction Booking
Payment Integration:
  • Integration of different payment means with POS - Cash, Credit Card, Debit Card, Paytm etc.
Maintenance of Schemes:
  • Maintenance of different Schemes
Maintenance of Customer Loyalty Programme:
  • Maintenance of Loyalty Schemes
Picking and packing of material for transfer to individual shops will be taken care of by this solution. This solution will be used in the central Store. It will be seamlessly integrated with SAP B1.