"Before installing RanceLab® FusionRetail™ 6 store was managed manually. We were having a major problem in maintaining cash and inventory. RanceLab® FusionRetail™ 6 helped us to maintain the store in an organized way. Sale, purchase and cash is within control now."
- Ajay Mimani - CONVENIO
"Using RanceLab® FusionRetail™ 6 I don't have to bother for stock entries, credit customer's account and total cash collection. Everything is now maintained by just one invoice only and bar-coding helped me to do this easily."
- Alok Rateria - ALOK DRESSES

Barcoding & Inventory Management

The more inventory you have, the more it costs. The more it cost, the less you earn.
The less inventory you have, the less sales is made. The less you earn.

RanceLab® FusionRetail™ 6 helps you to keep right inventory to increase profits and reduce cost.

RanceLab® FusionRetail™ 6 Inventory can be implemented very fast without hampering the sales and other day-to-day processes. This means you do not lose anything while implementing. It includes a complete Stock Accounting for any number of Products and SKU's with a set of user definable options to suit your business needs.

Bar-coding: Manually recording item X while buying and selling item Y causes stock mismatch. The result is un-reliable stock report. RanceLab® FusionRetail™ 6 barcode integration eliminates these errors and also speeds up your purchase and sale process. Barcode designer and one click generation of barcode labels with laser or barcode printers makes the process easy.

Inventory Hierarchy
 
Inventory Hierarchy

The correct hierarchy is the mother of all MIS (Management Information System). Correct categorization is half job done in retail.
RanceLab® FusionRetail™ 6 Inventory helps you to correctly classify and categorize complete stock accounting for any number of products and SKUs. With our innovative procedures you can avoid common mistakes and create a healthy hierarchy which in turn helps to reduce the stock cost.

Opening Stock

You can simply scan the product UPC/EAN and provide information such as quantity, cost price, MRP, sale price and other dimension of like size, color, design, etc. as applicable.

 
Opening Stock
Purchase Management
 
Purchase Management

RanceLab® FusionRetail™ 6 Purchase instantly displays last purchase details, auto-fill last prices, and separate classification for each purchase and to track and monitor good and bad business associates. It also helps to crate a correct master when you are adding new products.

Sale Management

POS – Point Of Sale – A do–it–yourself section of RanceLab® FusionRetail™ 6 Inventory. It shoulders the responsibilities of an operator and boosts her for greater productivity. A concise, to-the-point and ready to use options loads them like a soldier on a war-front.

 
Sale Management
Stock Maintenance
 
Stock Maintenance

Plan your merchandize by quickly looking at its performance in your inventory book. RanceLab® FusionRetail™ 6 generates a few selected and finest inventory reports that facilitate an entrepreneur in making the right decision at the right time.

RanceLab® FusionRetail™ 6 Barcoding & Inventory Management has following features:

Product Related 5 Level Hierarchy
Location – Warehouse
Department
Groups (Category)
 
Sub Groups (Sub Category)
Brands

Products with Different Matrix like

Size, Color, Design
Serial Number, Warranty, IMEI Number
Mfg Date, Expiry Date, Batch Number Or User–definable Matrix and Matrix Field Lists (Edition Check)
Prepaid – (Edition Check)
Bin Location for Stock Identification
 
Easy Capture of Inventory Images
Barcode Label Designer
Multiple Unit Maintenance
Auto Fill Last Cost and Sale Price at Purchase
FIFO [First In First Out] Method of Selling

Transactions

Opening Stock
Purchase Order, Purchase Invoice and Purchase Return (Debit Note)
Stock Transfer to Branch or Warehouse
Stock Journal (Repackaging) Production Consumption
 
Physical Stock Verification and Adjustments
Sale Order, Sale Invoice and Sale Return (Credit Note)
Rate Changes (Edition Check)

Reports

Purchase Order, Invoice and Returns Register
Sale Order, Invoice and Returns Register
Stock Ledger and Statement
Stock Transfer Register
Stock Journal Register
 
Opening Stock Register
Physical Stock Report
Stock Discrepancy Statements
Stock Discrepancy Adjustments
Tax Register
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