Restaurant & Retail POS Software - Restaurant Management Software | Blog | Restaurant Management Software & Retail Software that improves your profits and customer satisfaction levels.

06 October 2006

Ver. 5.0 Rel. 176.41 Dated 06-Oct-2006

New Development Multi Location -> Restaurant -> Users at Branch location will be able to change Printer Name only in Menu Setup Restaurant -> Prepaid -> Card History Report is added Enhancement Â Multi Location -> Restaurant Reports are modified...

Zzz... archive Leave a Comment

06 October 2006

Ver. 5.0 Rel. 176.41 Dated 06-Oct-2006

Written by Nilesh Shah

Zzz... archive Leave a Comment

04 October 2006

Is your Inventory Planned?

Written by Nilesh Shah

The art of Merchandise Mix and Inventory Hierarchy The objective of merchandise hierarchy is achieving the followingÂ Â The Right Product The Right Place The Right Quantity The Right Quality The Right Price The Right Mix or Assortment The Right...

Inventory Management Leave a Comment

03 October 2006

10 Quick Ways to Turn your Supply Chain into a Competitive Advantage

Written by Nilesh Shah

Talk (establish world class vendor management): 1. Develop collaborative partnerships with suppliers. 2. Use the Internet. 3. Integrate logistics with buying decisions. 4. Optimize replenishment models. Do (optimize internal processes): 5. Measure replenishment cycle times. 6. Build logistics capabilities...

Smart Tips Leave a Comment

02 October 2006

Old MRP Stock and New / Changed MRP Stock

Written by Nilesh Shah

The Sale Price (MRP) changes frequently and you have old MRP stock and changed Â MRP stock. You need to create a new SKU each time or change the SKU master to new price. This way you create unnecessary SKUs...

Inventory Management Leave a Comment

01 October 2006

Merchandise Planning: Back to the Basics!

Written by Nilesh Shah

An Open-To-Buy (OTB â€“ Merchandize Buying) Plan Critical to the survival and prosperity of your business is sound merchandise management. It’s not just another “paper exercise” — it can mean the difference between strong, positive cash flow and a...

Inventory Management Leave a Comment

30 September 2006

How to Shape Up the Inventory when you have 5000+ SKUâ€™s

Written by Nilesh Shah

The goal: NO EXCESS INVENTORY These days, independent retailers cannot afford one piece of excess inventory. Storage costs, insurance, pilferage, damage, depreciation, taxes and interest on loans add up to 30 percent annually to the cost of the goods...

Inventory Management Leave a Comment

29 September 2006

GMROI â€“ GMROF â€“ GMROL : How To Make More With Less

Written by Nilesh Shah

You don’t necessarily have to increase your sales to improve your profits. What matters is how much each inventory rupees producesÂ Â As a retailer, your primary means for earning profits is your inventory investment. So it only makes sense...

Inventory Management Leave a Comment

29 September 2006

Your customer want to pay half in Credit Card and Half in Cash.

Written by Nilesh Shah

FusionRetail helps you to do that in just a 2 key press. At the POS screen press F10 for Tender Screen Then Press Insert at the cash mode which is default Next enter the cash amount And then scroll...

Point of Sale Leave a Comment

29 September 2006

Does your system tells how much you should buy?

Written by Nilesh Shah

Retailing is a delicate balance between merchandise and cash. It’s a high stakes balancing act: commit money early to large quantities of merchandise, and possibly end up with too much; or, commit less up front, saving cash for later,...

Inventory Management Leave a Comment