optimize results by integrating people,process and it
DESCRIPTION
Optimize Results by Integrating People,Process and ITTRANSCRIPT
ON
TARGET
www.hand2handsolutions.in
Optimize Results by Integrating People,Process and IT
Retail Is Detail
ON
TARGET
www.hand2handsolutions.in
WHAT Does IT Mean?
Excellent Value for all … customers, owners, employees, suppliers over a period of time.
Achieving a Retail Business Goal requires a good retail process
•Performed by the right retail resources … Utilizing the proper investment in People & IT
ON
TARGET
www.hand2handsolutions.in
OPPORTUNITIES TO DEVELOP SUSTAINABLE COMPETITIVE ADVANTAGES
OPPORTUNITIES TO DEVELOP SUSTAINABLE COMPETITIVE ADVANTAGE
Customer LoyaltyLocationHuman Resource ManagementDistribution and Information SystemsUnique MerchandiseVendor RelationsCustomer Service
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TARGET
www.hand2handsolutions.in
RETAIL PROCESS
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www.hand2handsolutions.in
Retail OrganizationPlanning
andAssessment
Management Needs
RETAIL ORGANIZATION ASSESSMENT
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PEOPLE
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www.hand2handsolutions.in
STORE OPERATIONS –PROCESS
Manufacturing
Warehouse Stores Customers
Buyer
PO
Key Reports1. Store Sales
Analysis2. Store Growth &
De-growth Analysis
3. Store Price Analysis
4. Sales Return Analysis
5. Promotional Analysis
6. Store and Category Analysis
Right Inputs@ Right Time
Operation / Sales
7
Merchandise & Information Flow
Merchandise Flow
Merchandise & Information Flow
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TARGET
www.hand2handsolutions.in
MERCHANDISE MANAGEMENT PROCESS
Merchandise Planning
Cross-channel Core Merchandising
Assortment Management Lifecycle Pricing
DemandForecastingSpace
Planning
Buying
Financial Store Item
Assortment Planning
Store Clustering
Plan-o-gram
Size & Pack
Allocation PromoExecution
Trade FundsClearance &Markdown
Price Execution
Base Price
OTB
MasterData
TransactionData
Promo & AdPlanning
Planning
Execution
Inventory
Replenishment
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TARGET
www.hand2handsolutions.in
FUNCTIONAL MAPPING WITH ERP Sale & Distributions
• Merchandising• Pricing• Invoicing Sales
Multiple Pricing• Virtual Store
Management
Order Processing • Sales Order• Reservation of Sales
Order• Delivery Order • Dispatching (Packing
Slip)• Purchase Indent• Purchase Order • GRN• Purchase Voucher• Linking of SO to PO
Point- of- Sales
• Sale / Return / Exchange• Hold Bill / Cancel Bill• Identify Customer / Item • Inventory / Accounting • Multiple Tender (Cash,
Credit Card, Gift Voucher, Credit Note).
Supply Chain Management
• Multiple Channel Stock Sourcing & Replenishment.
• Multi Channel Sales / Purchase & Inventory
• Customer Replenishment• Stock Sourcing• Warehouse & DC
Management • Multi Channel Order
Processing
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TARGET
www.hand2handsolutions.in
ERP INTEGRATION
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TARGET
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Do This:
•Identify and minimize bottlenecks
•Eliminate unnecessary steps
•Simplify remaining steps
•Reduce waiting
•Reduce movement of people and material
•Cause us to produce only what is needed downstream
Which Contribute to:
•Improved productivity
•Shorter Cycle Time
•High First Pass Yields
•Less rework
•Efficient use of material
•Less confusion
That Result In:
•Better working conditions
•Happier retail team
•Better on-time delivery
•Better quality
•Happier customers
•Lower costs
•Greater profits
•More business
•More opportunities
EVERYONE BENEFITS !
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TARGET
www.hand2handsolutions.in
REQUIREMENTS FOR SUCCESSFULINTEGRATION OF PEOPLE,PROCESS & IT
Team need to understand that Improvements will make their jobs more enjoyable.
understand that experimentation and frequent changes are necessary,
understand that change is necessary for a company to survive in the present climate of intense competition, and
have a spirit of cooperation and willingness to share positive experiences with others.
• Team willing to learn new concepts
• need to work cross-functionally with other managers as a team.
• willing to commit the required investment in time and support.
• are willing to take initiatives to see that unforeseen difficulties are quickly resolved, and
• thoroughly understand the concept and potential huge benefits.
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TARGET
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HOW WE WORK WITH RETAILERS
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Lets Start !!!!
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TARGET
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Contact Information