LS Retail: the European experience for the Russian trading companies
The modern world of constantly upcoming business gives the only chance to the companies to survive in the market – every minute to resist to competitors, i.e., to do business by the most competitive. Business can make the most competitive use of specialized management systems. In the market of management systems including for large retail networks of Russia, solutions of Microsoft take the leading position. If to consider the sphere of retail, then here among management systems as the business developments which are most answering to speed, it is possible to call a product of Landsteinar Strengur LS Retail company based on Microsoft Dynamics™: LS Retail NAV and LS Retail AX. Being ready-made solutions, both for separate shop, and for retail network, these systems allow to make management of retail business processes by more effective.
LS Retail both based on Microsoft Dynamics NAV, and based on Microsoft Dynamics AX, allows to achieve the centralized organization and management of retail from the central office to the level of POS terminals.
Solution for management of retail networks LS Retail NAV.
The solution LS Retail developed by Landsteiner Strengur company and localized in Russia by Impact-Soft company based on Microsoft Dynamics™ NAV (LS Retail NAV) is at the moment one of the most effective specialized solutions for retail networks.
The LS Retail system simplifies information management about goods, buyers, sellers, warehouses and POS terminals via the Microsoft Dynamics™ NAV system. Landsteinar Strengur Retail allows to manage easily and quickly the information streams coming to shops thanks to the data exchange module which is built in a system. With respect thereto there is an opportunity to define what prices and offers work in each outlet.
Features of the solution:
- Full-function and flexible solution for retail: from separate shop to the distributed retail networks;
- Full integration with the solution Microsoft Dynamics™ NAV and office applications;
- LS Retail NAV is intended for management of different types of shops with a different organization structure;
- Centralized operation by trade processes in retail network, synchronization of data between the central office and shops;
- Ample opportunities for the organization and holding sales, marketing actions, support of discounts and the planned special offers;
- Operational information about sales on shops, trade changes, groups of goods and goods;
- Supply chain management (SCM);
- Built in a financial resource, accounting and tax accounting (taking into account the Russian features);
- All transactions made at the checkout are reflected in the corresponding tables of accounting;
- Scalability and configurability under tasks and features of each company;
- Individual determination of possible payment types, credit cards and currencies for each shop;
- Openness of standards and source code;
- Efficiency evaluation of floor spaces: the analysis of sales on sections and regiments;
- Flexible support of barcoding of goods at the level of dimensional, color and style options;
- Tracking of the prices of competitors;
- Easily set up and scalable solution for POS systems, an opportunity for work both in on-line, and in offline modes.
- Management of distribution warehouses (orders, collecting and deliveries);
- Low cost of ownership (TCO);
The LS Retail system simplifies information management about goods, buyers, sellers, warehouses and POS terminals. Thanks to the module of data exchange which is built in a system, LS Retail allows to manage easily and quickly the information streams coming to shops. There is an opportunity to define what prices and offers work in each outlet.
Operational information
Fast obtaining information on a request of the user is key advantage of LS Retail. Thanks to the built-in module of data exchange, there is an opportunity to synchronize information on all retail network. Therefore shops can maintain the own database which in this case becomes a component of the distributed retail LS Retail system.
Offers of discounts
The LS Retail system allows to create offers on discounts
- with the fixed price or percent of a discount
- with the price for a set.
There is an opportunity to create special offers or discounts on specific goods or groups of goods.
Analysis
The user of the LS Retail system if necessary can analyze sales by shop, cash desk, personnel, goods, group of goods. Shops can be also separated into sections and regiments for obtaining more detailed information on efficiency of floor spaces. Besides, the user can compare sales to the planned values to learn whether in the correct direction business develops. A one click of a key the user is capable to transfer data on sales to the Microsoft Excel system. LS Retail gives the chance to analyze the various parties of retail, including indefinite sales, returns, sales at cut prices, training sales, etc., for operational making decision on need of alignment of a situation.
Tracking of transactions
LS Retail provides communication of sales process with work of a warehouse and accounting. As soon as sale on the POS terminal is complete, information on it automatically becomes available in interfaces of the operational reporting LS Retail. Taking into account the next closing statement on sales in shop in a day or change, sales process is reflected in accounts of firm and also in a warehouse and client balance. Using the standard Microsoft Dynamics™ NAV Navigator, the user can trace sale from beginning to end.
The LS Retail system includes the mechanism of the analysis and storage of transactions of sale. The user has an opportunity to analyze each transaction to within a minute. Transactions can be moved to archive, from where, if necessary are recovered. It allows to store transactions of transactions of sale for many years at a permanent possibility of their instant analysis.
LS Retail AX is similar LS Retail NAV the solution, but for the enterprises which use the Microsoft Dynamics AX system at the head office.
LS Easy Retail is the solution for the developing retail business.The solution LS Easy Retail is the full-function finished product based on the solution for retail networks LS Retail fulfilled around the world. Based on Microsoft Dynamics NAV, it is the integrated solution of business management developed for retail sellers who outgrew the basic software package of enterprise management. This solution is ideal for the companies which are in search of single solution which can be implemented quickly easily to use and support, and also which is ready for growth of the company in the future.
LS Easy Retail is developed especially for shops with one or two POS terminals. Small retail store the difference only in scale has the same functionality, as big. LS Easy Retail includes all components and functionality, necessary for trade business, as well as for the big enterprises. The main difference – it has facilitated installation/implementation, and also matches the need of small business.
LS Easy Retail is excellent for single shops, however if business grows, the solution is ready to grow together with it. Just it is necessary to purchase the license of transition to the standard version of LS Retail, and it is possible to open retail network on the same the solution.
The solution LS Easy Retail is focused on the developing retail business. With respect thereto this solution has the special price model considering features of upcoming business.
The product LS Retail – development of Landsteinar Strengur company – the international company with the headquarters in Reykjavík (Iceland) specializing in developments of solutions for retail, the catering establishments, hotel business which are based on the Microsoft Dynamics systems the Partner network of Landsteinar Strengur contains more than 100 companies in more than 51 country. The Impact-Soft company localized this product in Russia with 1998.
In 2006 the number of clients of LS Retail grew to 850 worldwide. These users manage more than 12000 warehouses and 30000 points of sale (POS). Also 2006 the Impact-Soft Company was included into the five of leading partners of LS Retail of the Icelandic company Landsteinar Strengur.
The solution LS Retail incorporated the best international practices in management of retail stores of networks and is used by such companies as IKEA, Adidas, Top Shop, National Gallery, GAP Collection, and many others.
The solution LS Retail is successfully operated in the Russian retail networks: "Alphabet of taste", "Arbat prestige", "YOURS", Bestseller, Baltman, networks of computer shops "Vobis", "DT Center" and many others.