- Sales Tracking
- Returns Management
- Gift Card Management
- Inventory Management
- Purchasing
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Visual Retail Plus is a flexible and powerful retail software designed for retail businesses that understand the need to monitor every aspect of their business. It allows to track details like customer profiles, products, online customers, locations, and referrals. The ... Read More
Sales Tracking is an essential feature that is used by businesses to monitor their sales activities and performance. It is a process that involves keeping a record of all the sales data and statistics, including the number of products sold, revenue generated, and customer information. This information is used to analyze and track the progress of a business, make informed decisions, and identify potential areas for improvement. Sales Tracking allows businesses to stay organized and keep track of their sales in an efficient manner. With the help of this feature,
In retail and e-commerce, returns management entails interacting with customers who want to return a product and collecting, arranging, and restocking inventory that has been returned or exchanged. Customer service, logistics, and inventory management all play a role in the returns management process. Returns management is not used for every client order and extends beyond the final delivery. You may drastically reduce losses by using undamaged returned items to replace warehouse inventory by carefully vetting and sorting returned products and working closely with suppliers. The proper implementation of this process allows management to manage the reverse product flow properly, discover possibilities to prevent unwanted returns, and maintain control over reusable assets like containers.
Gift Card Management is a software feature that allows businesses to easily manage and track their gift card programs. It is a comprehensive solution that simplifies the entire process of creating, selling, and redeeming gift cards. This feature is designed to streamline gift card management, increase sales, and improve customer loyalty. With Gift Card Management, businesses can create personalized gift cards with unique designs and values that represent their brand. These gift cards can be sold both online and in-store, making it convenient for customers to
The process of procuring, maintaining, utilizing, and distributing a company's inventory is referred to as inventory management. This comprises the storage and processing of raw materials, components, and finished goods and the administration of raw materials, components, and final products. Balancing the hazards of inventory gluts and shortages is especially difficult for organizations with complicated supply chains and manufacturing processes. To achieve these balances (MRP), firms have developed many inventory management strategies, including just-in-time (JIT) and materials requirement planning, to achieve these balances (MRP). Because a corporation typically wants to sell its finished goods within a short time, typically a year, inventory represents a current asset. Before inventory can be included in a balance sheet, it must be physically counted or measured.
Purchasing is a method by which an individual or organization acquires goods or services to achieve its objectives. Despite the efforts of numerous organizations to establish purchase standards, processes can differ widely between companies. Procurement managers/directors and purchasing managers/directors are in charge of the organization's procurement methods and standards. The majority of companies base their purchasing systems on a three-way check. This entails three different phases of the purchase process being completed by three other divisions inside the company. The three departments do not all report to the same senior manager to avoid unethical tactics and provide credibility to the process. Purchasing, receiving, and accounts payable; engineering, purchasing, and accounts payable; or a plant manager, purchasing, and accounts payable are examples of these departments.
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Visual Retail Plus is a flexible and powerful retail software designed for retail businesses that understand the need to monitor every aspect of their business. It allows to track details like customer profiles, products, online customers, locations, and referrals. The entire system is web-based and centrally hosted with secure access anywhere at any time.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta