Do you have the right solution to manage multiple stores?
The challenges of managing a multiple store operation
- The local retail sector has seen the emergence of a number of smaller groups with multiple stores
- Potential growth in such groups is often curtailed by a fear of losing management control
- Additionally, a small difference in a store’s gross profit margin can have a material effect on its bottom line, with potential impact more pronounced in multiple stores
- Maintaining and optimising efficiency in a multi-store enterprise is challenging, even more so for a business seeking to expand its footprint
- In a multi store environment it is therefore advisable to centrally manage strategic functions that drives profitability
- Accurate, timely business intelligence across stores not only eases the management burden, but also plays an important role in making strategic business decisions
The solution
- Arch Enterprise (AE) is a specialised Merchandise Management System, facilitating central operational control
- Data flow is at the heart of the solution – 2 main categories, namely Master Data and Transactional Data
- Master Data refers to product and supplier information, creating the trading environment
- Master Data: merchandising zones and article allocations, articles master, supplier zoning and store allocations, supplier master, debtor and customer master, campaigns, selling price automation, centralised purchase orders and supplier/article list prices
- Central management of the procurement cycle to ensure that the business is optimally stocked
- Central management of margins, sales prices and campaigns to maximise profits
- AE offers sophisticated Business Intelligence (BI) – ideal for reporting or presentation purposes – facilitates customised reports
- BI reporting supports mobile devices, for example smart-phones and tablets – reports can be accessed from anywhere around the globe
