Retail Inventory Management Solutions

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Proven Benefits of ETP V5 Retail Inventory Management Solution

Retail Inventory Management Solutions

Real-time inventory sync

Retail Inventory Management Solutions

Higher inventory turns

Retail Inventory Management Solutions

Loss prevention

Retail Inventory Management Solutions

Endless aisle

Retail Inventory Management Solutions

Working capital optimisation

Retail Inventory Management Solutions

Retail Inventory Management

Ensure 100% Order Fulfilment and Manage in-Store Inventory Processes

ETP Retail Inventory Management module of the ETP Retail Store software helps you manage and control the different inventory processes carried out inside stores both for retail sales and online sales. It reduces the stock take lead time for updating physical count of the store inventory allowing you to manage stock transfers, local purchases & quick product-wise stock take at the store while also offering you the following business benefits:

  • Ensure higher sales and greater order fulfillment percentage by having real-time visibility of your inventory
  • Match your promotions with your inventory leading to higher inventory turns and lower cash requirement
  • Ensure loss prevention by monitoring and controlling shrinkage and pilferage at the stores
  • Reduce lost sales by looking up inventory available in the warehouse or at your other nearby stores
  • Reduce the need of more warehousing space by managing fulfilment from your store back offices by using them as regional warehouses
  • Increase the number of replenishments at the stores leading to a higher fill rate in the warehouse and in turn, optimisation of your working capital

 

Retail Inventory Management Solutions

Leverage Mobile POS (mPOS) technology to improve store productivity

Eliminate long queues in-store and avoid lost sales

Quickly register customers into your CRM program and allow them to earn loyalty points immediately

Service customers where they are in the store, rather than making them queue and crowd at the till

Improve salesperson productivity with easy customer and inventory lookup functionality

Retail Inventory Management Solutions

500+

Brands

Retail Inventory Management Solutions

$18 Billion

of Merchandise

Retail Inventory Management Solutions

24

Countries

FAQs

A POS system is a set of software packages, either cloud-based or accompanying compatible hardware packages, that is used to organize and operate your retail business. The software links your customer service, inventory, marketplaces, accounting, payroll and other departmental functions within one program, which helps centralize your administrative tasks. Using a POS is tremendously time-saving and efficient compared with the alternative of using separate software to manage each area. It can also improve the customer experience with efficient promotion planning, reduce ,waste with automated inventory reconciliation and expiration and ordering alerts, and prevent theft.

ETP V5 is an enterprise-class Omni-channel Retail Solution that seamlessly integrates point of sale (POS), customer relationship management (CRM) and loyalty management, merchandise and inventory management, assortment and OTB planning, marketing, and promotions planning, and business intelligence (BI). The ETP Omni-channel retail software allows the scalability required for business growth. ETP V5 can be deployed comprehensively or modularly, in-premise or on the cloud, across multiple platforms, channels, and system environments.

ETP V5 POS software has an offline mode that will continue to work, even during server downtime. When the connection re-establishes, the data from the offline transactions are uploaded to the memory for use in transaction details and reports.

ETP V5 is a proven Omni-channel Retail Software that serves market leaders in 24 countries across the Asia Pacific, India and the Middle East regions and across various industries such as Apparel, Sports Goods, Health & Beauty, Electronics, Furniture & Home Furnishings, Books & Stationery, Footwear, Luggage & Handbags, Jewelry, Timepieces and many more.

The ETP Integrator is designed to integrate ETP V5 seamlessly with any ERP, Finance, HR, Manufacturing, and other applications, services, or databases. Leveraging on XML and J2EE technologies, ETP Integrator is platform and format-independent and has an easy-to-use, drag-and-drop interface for smooth system integration. With this flexibility, almost any solution component of the ETP V5 retail solutions can be deployed independently and integrated with existing systems. Designed to handle large data volumes, it is made for retailers who need to scale up their business. It can be implemented in parallel across multiple instances to cater to any volume of data integration. This allows you to decide on the level of collaboration and helps you maximize existing investments. It has been successfully implemented with various enterprise applications handling up to 7.1 million transactions a day.

Superior customer service that helps you deliver desired, unified customer experience with consistent and flexible customer policies across all channels and formats. Retail management software with integrated Omni-channel CRM at the POS to drive better customer relationships and ensure higher sales across channels. A powerful Omni-channel promotions engine that automatically distributes and implements targeted promotions.

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