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The RA suite of modules enhance the ability of the retailer to not only manage the store functions, but offer the added functionality, if necessary, to handle the distribution process. This integrated product covers all of the areas a modern retailer requires to balance inventory and profits.
Modules Include:
| Purchase Order Management |
Create vendor purchase orders for new store openings, pre-distributed by store and individual store level orders. Distribution algorithms based on store location and districts speed the production of multi-location orders. Inquiry to open, partially received, and in-process orders is continually provided throughout the receiving process.
This fully integrated module handles your electronic and manual purchasing by using your vendor's item numbers and shipping documents to make the initial transaction and automated receiving of merchandise simple and accurate. Purchasing can be processed in vendor or domestic currency with inventory control maintained at the appropriate currency.
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| Inventory Management |
Control, with ease, one of your most important assets, your inventory. Inventory uses "location based" information so that prices, costs, quantities, and information can be controlled and updated by store, region, and district. Fed by both vendor and warehouse replenishment processing, a push or pull system is supported. Layered FIFO / LIFO and foreign currency costing with landed cost processing ensures accurate costing. Insure accurate fulfillment and counts with periodic inventory cycle counts driven from multiple collection sources.
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| Wireless (RF) Processing |
This option is integrated into RA to enhance your ability to manage the "total" retail cycle. Recognition, receipt, and put-away of merchandise, accurate store transfer and packing with acknowledgement, simple bin transfers, and physical inventory processing can be done without cumbersome "over-documentation". Quick stock checks and inventory stock location inquiries become second nature and provide confidence you are providing the level of service you demand.
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| Warehouse Management |
Total control of warehouse inventory can be managed interactively or through the use of hand-held, radio frequency (RF) devices. Track your inventory from receiving, to transferring, to shipping in a paperless environment or select only those documents you need. Decide how to handle order fulfillment by storing stock the way you want. Each item can have multiple locations and can be defined as fixed or floating, available or unavailable, (reserve stock) picking locations.
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| Store Management |
By integrating with your store Point of Sale (POS) system, sales and inventory levels can be monitored. Any transaction supported at your store can be uploaded and reported. Downloading of new items, price updates, transfers, and store purchase order receiving documents in an unattended process is provided. Event tracking of store promotions and customer sales tracking is available.
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| Price Change Management |
Sophisticated interactive price changes can be created through Retail Advantage by utilizing current retail or cost, range of prices, 'wild cards', vendor, and departments. Percentage or fixed dollar increases or decreases with rounding rules allowing for review, approval, and download is provided. When necessary, 'emergency' price changes can be generated.
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| visual IMS |
For companies who wish to conduct business over the Internet, visual IMS offers a user-based, security protected "multi-tiered", web enabled module which:
- Let your selected employees access the RA functions you define, extending their abilities and allowing them the capability to monitor their responsibilities from anywhere they can reach the "web".
- Allow your stores to access only their data to extend their ability to place new orders, get accurate inventory inquiries, and even cyclically replenish their stores without any unneeded contact with your staff.
- Give the "world" a secure opportunity to become a customer of yours by permitting them to search and retrieve information you want them to have in return for their identity and potential business.
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| Sales Reporting |
Sales reporting and queries can be transaction based as well as weekly, monthly, and fiscal / calendar based. You can mix and match as your business demands. All information is stored and accessible through industry standard database tools in addition to the library of "canned" outputs varied by user-formatted selections.
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| Stock Forecasting |
From simple 'min / max' to sophisticated forward forecasting based on historical demand is provided through the stock replenishment module. Multiple algorithms can be utilized with seasonality profiles and various filters to control your warehouse and store inventory levels to improve customer service levels. Automated transfers from replenishment can 'push' inventory from the warehouse to stores, or 'pull' inventory from your vendors to your warehouse.
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| Financial Reporting |
With global supply an everyday option to today's retailer, the multi currency, multi company financial reporting and inquiry module is a must. It includes accounts payable, a journal collection system, and complete transaction database for P/L analysis. Receivables and payables are processed at the customer or vendor home currency and converted to the general ledger in domestic amounts. Revaluation of open transactions can occur at any time, so true cost and sales values are always known.
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| Order Processing |
For retailers that also support a wholesale distribution / catalog division, the SFD distribution software is integrated into the RA system, supporting this growing business arena. Telephone, on-line, electronic, and paper entry of orders utilizing warehouse inventory and pricing features allow the retailer to develop this new business area without adding new systems or integrating other software applications and tools.
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| EDI |
Integrated electronically with your suppliers and customers, EDI is handled effectively through this function. Transaction sets are provided and can be customized for specific partner requirements. Use of third party VAN's or the 'web' is allowed with full auditing to ensure the accuracy of data being transferred.
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More Information
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