Case Studies

Bunkaari India

Bunkaari India is located in Kolkata and Raipur. They are famous for Indian Textiles and being situated in different locations they cater to customers with varying tastes.

Challenges of Bunkaari India

Being operational fromvarious locations, identification and tracking of what goods are moving out, at what time-period is a major challenge.To decide what goods to buy and when according to taste and preferences of variety of customers is a major turnkey for the success of the business. Due to its multi-locality, managing the distribution & freight services is becoming show-stopper for the day-to-day operations.

Solution by RanceLab®

RanceLab have understood the needs and challenges of the business and have implemented following solution.

• FusionRetail 6 ERP Edition for Head Office to track and manage the show centrally
• FusionRetail 6 Standard Edition for each outlet for fast PoS counters and inventory movement
• POS hardware such as barcode printer, laser scanners and high-speed thermal printers

While FusionRetail 6 ERP helped the head office to streamline their processes, FusionRetail 6 Standard Edition at stores helped business to grow. Effective PoS counters have helped business serve more customers in same time. With loyalty program they are able to capture customer information and preferences on-the-fly. Smooth re-ordering management is helping the merchandisers place correct orders to suppliers to get right merchandise at right time. FusionRetail Payroll module is now helping business to well-organized employee scheduling and saving the business from over-staffing. While incentive and commission programs for sales-staff is creating a wave of enthusiasm in store sales team, it is helping business to liquidate slow and non-moving items.

Landmark

Landmark is one of the key stores of City Center Mall, Dhanbad. They deal in fashion apparels from various top brands across the India. The store is well spread in an area of 2500 sqft catering to Mens, Ladies and Kids apparels.

Challenges at Landmark

The biggest challenge of this multi-brand outlet is to keep equilibrium between all brands to ensure a perfect merchandise mix. One more challenge was to identify the buying patterns, frequency of the customer and their average ticket size to create a perfect basket for each customer.

Solution by RanceLab®

RanceLab have understood the needs and challenges of the business and have implemented following solution.

• FusionRetail 6 Standard Edition
• PoS hardware such as barcode printer, laser scanner and high-speed thermal printer

FusionRetail 6 Standard Edition has made categorization of inventory smooth that resulted in effective buying and keeping equilibrium between all brands. In-built loyalty program has helped business to capture customer’s personal data and their preferences on-the-fly.This has resulted into understanding of buying pattern of the customer and keeping stocks of brands that are preferred the most. Effective categorization helped smoothened the re-ordering and procurement cycle. They are now efficiently managing and keeping all their financial and inventory transactions, customer and supplier information, incentive program for sales staff and building a business model for future growth and expansion.

Spacio

Spacio is located inKolkata, West Bengal. A store spread across 25000 square feet and 5 levels, showcasing furniture, accessories and collections from about 14 countries across the world.

Challenges of Spacio

They were completely following the manual system for their store. It was a very big challenge for them to generate MIS, which is Management Information System, analysis including Point of Sale, transactions. So they never have been able to know the customer preferences and buying pattern and deliver wow experience to the customers. Being showcasing in our store, collections from about 14 countries across the world, they had to take on to the analysis of the stocks that we have right from starting from fast moving items or slow moving items to day reports including the complete inventory management, which was taking a lot of inventory investments. Business owner has to travel across the globe for procurement and managing and controlling the store during travel was a major rider to business growth.

Solution by RanceLab®

• FusionRetail 6 ERP for Furniture Store
• Barcode and PoS Hardware from reputed brands

The solution has given them a lot of advantages in terms of computing, not only for financial operations but also for point of sale. One of the biggest advantages of implementation enabled them to take the analysis of the stock movement pattern. It helped them in effective buying resulted in low stock holding and maximum stock returns. Customer relationship management with point system integrated with the PoS has enabled them to deliver a fantastic experience resulted in increased the sales and profits. FusionRetail offered a convenient and user-friendly functionality, without changing their business practices, has helped business to grow multi-folds. On-the-move reports have delivered a major break-through in managing and controlling business even when the owners are away from it.

Ibizza - A Fashion Studio

Ibizza - A Fashion Studio India is located in capital city Patna of Bihar. They are a chain of department store offering product categories like Sarees, Dress Materials, Kids wear and Casual wear.

Challenges at Ibizza

Managing multiple physical locations with distributed application for inventory and accounts was a major barrier for growth and success of the business. Since all locations were operating independently, they were facing a major challenge ofstreamlining stock transfer and stock maintenance. Allocation of effective scheduling of manpower and other resources were eating up a lot of time and money. Keeping a correct merchandising mix of the product has resulted into a huge pile of non-moving inventory.

Solution by RanceLab®

RanceLab have understood the needs and challenges of the business and have implemented following solution.

• FusionRetail 6 ERP Edition for centralized monitoring of the business
• FusionRetail 6 Standard Edition for store operations
• PoS hardware such as barcode printer, laser scanners and high-speed thermal printers

FusionRetail 6 ERP helped the head office to streamline their processes and generating in depth picture of the business. FusionRetail 6 Standard Edition at warehouse helped to manage stock effectively. With loyalty program they are able to capture customer information. Smooth re-ordering management is helping the merchandisers place correct orders to suppliers to get right merchandise at right time.

Benefits derived using RanceLab®

With such systems in place, we managed to increase our business, now we have...

• Increase in sales by 20%
• Correct merchandise for increased conversions
• Effective control and management of overall business
• Optimum allocation of resources
• Faster billing enhances the customer buying experience

“I would like to render my thanks to the entire team of FusionRetail for suggesting an effective solution and implementing the same at my place. We look forward to have FusionRetail to be the part of our business success and wishing them success in their future endeavors”. –Vikash Singh, Ibizza - A Fashion Studio

Kaanchi Co Srinidhi Silk

Kaanchi Co Srinidhi Silk is located in Bangalore. They are having retail outlet with wide varieties of Sarees catering to customers. They have 2 outlets located at 2 different places with large pile of stocks.

Challenges of Ibizza

Major challenges they were facing are to offer multiple discounts for different types of saree and bill to customer. Further connecting two outlets for stock transfer, stocks maintain and centralized control from single location.

Solution by RanceLab®

RanceLab have understood the needs and challenges of the business and have implemented following solution.

• FusionRetail 6 ERP Edition for Head Office to track, manage, allocate and control the outlet
• FusionRetail 6 Standard Edition in the second location for billing and inventory management

With the help of FusionRetail 6 ERP edition the multiple discounts for different varieties of saree was enabled. Allocating the stock to the second location through stock transfer so that they will be only concerned with billing the customer using FusionRetail 6 Standard edition.

Benefits derived using RanceLab®

With such systems in place, we managed to increase our business, now we have...

• Faster billing enhances the customer buying experience.
• Billing the different varieties of products at different discounting structure.
• Centralized control and allocation of the product from one single location without physical presence.

“It was nice working with the entire team of FusionRetail for understanding my needs and catering to the same”. – Mr. Mohan, Kaanchi Co Srinidhi Silk

Magnet

Magnet is one of the leading fashion footwear brands. Started its operations about 6 years back they have had marked their presence in metros like Amritsar, Bangalore and Kolkata.

Challenges of Magnet

Prior to the installation of FusionRetail they were using branded software. They have tried and tested it for 6 months. Different type of footwear related reports (like article wise, size wise, color wise and price wise) were not available with this software. Especially MIS was not available with this existing software. There was a hierarchy problem also. Support was not up to their satisfaction. Moreover, maintenance of inventory and accounts were in two different software applications. Since they have invested a big amount in software, they wanted to implement only FusionRetail CRM to manage loyalty programs. But, than managing three retail aspects in three different softwares (one each for Stock, Accounts and CRM) and synchronizing them manually on the regular basis was terrifying.

Solution by RanceLab®

RanceLab have understood the needs and challenges of the business and have implemented following solution.

• FusionRetail 6 ERP Edition for Head Office to track and manage the show centrally
• FusionRetail 6 Standard Edition for each outlet for fast PoS counters and inventory movement
• PoS hardware such as barcode printer, laser scanners and high-speed thermal printers

While FusionRetail 6 ERP helped the head office to streamline their processes, FusionRetail 6 Standard Edition at stores helped business to grow. Effective PoS counters have helped business serve more customers in same time. With loyalty program they are able to capture customer information and preferences on-the-fly. Smooth re-ordering management is helping the merchandisers place correct orders to suppliers to get right merchandise at right time. FusionRetail Payroll module is now helping business to well-organized employee scheduling and saving the business from over-staffing. While incentive and commission programs for sales-staff is creating a wave of enthusiasm in store sales team, it is helping business to liquidate slow and non-moving items.

Shree NavDurga Fashion

Shree NavDurga Fashion is located in Srikakulam, Andhra Pradesh. They are having cloth shop with readymade, textiles of different size, color and design, single outlet catering to various tastes and preferences of local customers.

Challenges

Shree NavDurga Fashion was running the outlet manually. Manual operating was posing a challenge for faster billing and visualizing the correct inventory status. They were looking to automate the business process.

Solution by RanceLab®

RanceLab have understood the needs and challenges of the business and have implemented following solution.

• FusionRetail 6 Standard Edition
• PoS hardware such as barcode printer, laser scanners and high-speed thermal printers

With the help of FusionRetail 6 Standard edition the entire business process right from procuring items to sale and finance got automated. Delivering a wow experience to customer with the help of faster and accurate billing at a click of a button. Generating bar code on the basis of size, color and design of different products gave them the flexibility to review the stock status and go for correct merchandising mix.

Benefits derived using RanceLab®

With such systems in place, we managed to increase our business, now we have...

• Faster and smooth billing with the help of bar code.
• Accurate stock statement along with different size, color and design.
• Placing correct order of products to suppliers at correct time.
• Increase in footfall of the customer in the outlet.

“FusionRetail software has cater to my needs and has render a good service. Nice working with them”. – Dr. Balachandra Naidu, Shree Nav Durga Fashion