To satisfy the retail market customers and to meet the market strategy, retail holders need to implement a proper system which can handle the stock movement based on sales and report the same to management.

Replenishment Report

The purpose of this report is to show the stock status of Shelf, Branch and Warehouse in a single click. This report is based on the Sales of the outlet or Branch on a particular day.

Ordering Stock Based on Re-Order level

This option was an old method and is possible to implement in Pharmacies and other Departments.Since the retail trends are based on seasons and festivals you cannot stick to the fixed order levels.

Ordering Based on Last Purchase / Sales Period or By Material Request

This Report is called as Smart report for Re-ordering Analysis. It converts the data from the basic criteria such as

Supplier selection

Group / Sub Group

Sales by Month and no of month or week

Supplier selection

This is a new additional module for Smart Inventory application. This option can be used for industries which handle large scale production & distribution or the divisions which are having Bakery production and in house productions.The concept of production module is to link the raw materials and finish goods with additional cost.The costing and raw materials are entered in Bill Of Quantity module.The manual process of production will be converted into a systematic process in the production module.

Product Master for Raw Material

Product Master is used for creating Raw Material entries with raw material stock type and this can be same as regular item.

Product Master for Finished Goods

Product Master is used for creating finished Goods as regular item type.

Product Master Bill Of Quantity

Product Master bill of quantity option is used for raw material entries of all the production items.In addition to this labor cost, utility expenses and so on can be added here.

Generally, when an expiry associated product is sold in retail market, keeping track of the stock along with its expiry date is a strenuous task. This feature makes handling such products easy and organized. We have taken Batch & Expiry to the next level, wherein we are printing the Expiry along with the barcode of the product ; so that during the sales through POS, the system will be able to identify the batch of the product. Identifying an Expiry product batch in retail has been a problem for long and the solution we are providing below will enhance and make the Batch and Expiry Stock Management in Retail Industry a smooth cake walk. This feature is implemented in the entire module from Top to Bottom, which includes

Product Master

Transactions of Purchase, Sales, Adjustment, Transfer & Stock Count

PDT option for Stock take with Batch

Downloading Master Details with Batch from Inventory Module to PDT

POS option for tracking out Batches in easy & effective way

Bulk price change is an add-on option in the Smart Inventory application. This is useful for the user to modify the prices of multiple price groups and multiple items in one shot.Price change option includes following data filters for listing the required items :-

Group/Subgroup & Sub-sub group

This will allow the user to select specific departments.

Brand

This will allow user to select the specific Brand.

Supplier

This will allow user to select the specific Supplier.

Category

This will allow user to select the specific Category.

Family Code

This will allow user to select the specific Family code.

Price From and To

This will allow user to select Price range - From and To.

For companies involved with wholesale selling, Smart has features for that too. The stock can be sold from same retail location / from a separate location. The wholesale sales has all required modules such as quotation, sales orders, sales invoicing, sales return etc. The system can also check credit limit when used with smart financials.

Stock Control is the heart of an inventory & retail operation. MYCOM Smart has all the functionalities required for stock control & distribution. The system has the features to work with multiple branches, good receiving, costing, physical stock taking with / without portable data terminals.

The Smart Financials is a comprehensive financial system, which links directly with SmartPOS and other smart application suite solution. All entries from the sales or purchases can be directly linked to the Smart Financials giving accounting department enough time to concentrate on controlling and management rather than data entry activities. System can also procedure all financial statement, including user defined financial statements.

Smart Human Resource & Payroll has been implemented by number of customers, some having nearly 2000 plus employees. This system has not been only implemented in retail business operations but also in number of other businesses such as constructors, dsitributors, car dealers, management companies etc. When used with Smart Financial, the HR & Payroll system will operate as one single system. The system also has features for integrating with Time & attendance system.

In todays environment, multi-location operation has become vital for retailers performance, where they can minimize fixed overheads while benefiting from bulk purchases with suppliers which allows them with better purchase discounts. Smart Retail Management System very well supports full integration of multiple locations, with retail stores, warehouses and head office concepts. It is highly scalable, can work from single location to any number of stores.

To give customer more comfort in shopping experience, it is necessay that customers do not have to walk about to find someone for finding out any product pricing. MYCOM provides an integrated solution with an optional price checker. The system will display price when the customer scans the item and other items, it can also function as display for rotating advertisements. The price checker can save time for the customer as well as reduce extra work load on the floor staff.