Making retail simple! LUMENSOFT TECHNOLOGIES Company Formed in Year 2000 Started working on CANDELA RMS in 2002 Product Company focused on Retail Developed Partner Network in Pakistan & Abroad Customer Focused Organization Customer Support Marketing Development Management Quality Assurance Accounts Customer Support Call Center LumenSoft has currently 40 Employees CANDELA RETAIL MANAGEMENT SYSTEM Candela is a Twelve Years old product and has evolved into an excellent solution for Management of Retail Operations Working at 2500+ stores MIT (USA) BAP 2011 1600+ Customers Pakistan 100 Fast Growth 150+ Chain Store Licenses 80+ cities & towns in Pakistan Working in 8 Countries PASHA ICT award 2008, 2009, 2011 Asia Pacific ICT Award (APICTA 2011) Companies SOME VALUED CUSTOMERS SOME VALUED CUSTOMERS Who uses Candela for Retail Management Apparel Stores Footwear Stores Grocery Stores Pharmacy Stores Books & Stationery Fabric Stores Restaurants For Single and Chain Store Organizations Stock Out is significant retail business cost and Candela helps to reduce this cost Inventory Carrying is significant retail business cost and Candela helps to bring this cost down Complete Barcode enabled Software Bar-code printing from system Barcode designer for selected printers Sales and returns through bar codes Physical audits through bar codes Stock dispatches and receipts through bar codes Support of Hand Held Scanners (data collectors) All retail hardware is supported Bar-Code printers can be connected All Receipt printers can be connected Bar-Code scanners can be connected Cash Drawers can be connected Pole Display can be connected Data Collectors can be connected Candela Configuration for Departments Candela can be configured in two ways: First configuration is called Candela Standard configuration and is designed for managing the retail operations at grocery stores, pharmacy stores, gift stores, and similar types of businesses. Second configuration is called Candela Assortment configuration and is designed for retail management in apparel and footwear industry. This configuration has extensive support for assortments and management of product sizes and colors. All entries and reports are available in easy to use matrix of products and sizes. Overvie w Flexible Product Definition Line Item Category Group Size Product Color Gender Brand Vender Age Group Season Product Definition with multiple barcodes Existing barcodes can be used along with Candela generated barcodes One Item can have more than one barcodes. One product can have different barcodes for different packaging Product Assemblies can be created. Different items with specified quantities can be defined as part of assemblies. These assemblies have a different barcode Product barcodes can contain a Batch Number or Vendor Code. This helps in tracking products on the basis of Batch or Supplier Inventory Pricing Retail Price is controlled by Administrator / Head office user Retail price may be different for different Customer Groups In case of retail chain, the retail price may be different for different shops Utilities for Bulk Price Updates History of Retail Price is maintained. Weighted Average Cost price is managed Discounts & Promotions Discounts can be configured for selected products & shops Discounts can be configured for selected days of the week and selected time of day Discount are of different types like Percentage, Flat price, Flat discount, Buy X get Y free, Value discount etc. Discounts may be configured for selected customers Group Discounts can also be given by the cashier at the time of invoice Invoice Generation & Point of Sales Multiple point of sales terminals can be used at any retail outlet Off Line Tills can be configured. Invoices can be made in absence of server Discounts are calculated by the system and invoice is generated accordingly Single invoice can have multiple tenders – Cash, credit card, credit Cashier restrictions and Manager Override function Invoice Generation & Point of Sales Invoices can be put on Hold and retrieved later, by cashier Non-Payment Tills can be used in departments for product scanning and bills are combined at check-out Invoice can be printed for credit customers with their ledger balances Invoice Templates can be used for making invoices quickly Sales person commissions can be attached to invoices – One invoice can contain multiple sales persons Daily Accounts Closing & Cash reconciliation Cash reconciliation is done daily at close of business for each POS. Reconcile cash sales, daily expenses, customer receipts, and vendor payments Multiple shifts can be managed with record of every shift separately After accounts closing, shop staff cannot change the accounting entries Goods & Services Tax / Value Added Tax Candela provide complete mechanism to handle taxation Input tax are applied at the time of GRN (receipt of goods). Input tax is calculated based on tax configured against products Output tax is applied based on tax configured on each product. Tax may be applied on the basis of flat percentage for all products In Candela the product price (displayed on Tag) may include GST or GST may additionally be added to price Final Tax Register (Output – Input) is also available for tax compliance Physical Inventory & Stock Takes Perform physical inventory checks manually or through bar code reader. Carryout physical audit of every “Rack” or “Cabinet” separately Administrator can reverse implementation of physical audits Data collector can be used for physical audits Physical audits can be carried out during the day along with sales and returns Supplier Activities Management Suppliers ledgers Management Purchase Orders Generation based on Sales History & Reorder levels Multiple GRN against issued PO Tracking of balance receivable against POs Block products for PO Customer Advance Orders & Layaway Mgt. Customer Advance Orders is management in the system. Layaway can also be managed. Customer can pay advance to make reserve items, and then make balance payment on receipt of goods User Access & Security Management The system is secure and only authorized users can operate the system. User access management system allows access to the users to only those areas for which permission is granted to them. All actions performed by the user are logged. Reports related to user activities Comprehensive Reports for Business Analysis Variety of reports to analyze sales, stocks, inventory movement etc. Reports have flexible criteria Export to excel or CSV Reports are divided into the following categories Sales Reports Stocks Reports Audit Reports Movement Reports Purchase Reports Product Reports Accounts Reports Single Click Data Exchange between shops and HO Data Transfer Model Ware House Head Office Retail Outlet Bi-Directional Data Transfer without Head Office Involvement Stock Movement Between Outlets B A Order Stock Dispatch Order Stocks Stock Dispatched Stock Received Operation Stock dispatched order is made to send stock from Location A to Location B Scenarios Stock reaches Location C instead of B Received stock is less than dispatched stock Received stock is more than dispatched stock Stock is lost during transportation Inventory of dispatch shop should be adjusted C Stock Transfer to multiple locations Stock transfer to Multiple outlets in one Go Automated Stock Re-filling based on Re-order levels Automated Stock Re-filling based on sales history Operation: Stock dispatched order is made to send stock from ‘Warehouse’ to ‘Shop 1’ Scenarios: 1. Received stock is less than dispatched stock 2. Received stock is more than dispatched stock 3. Stock is lost during transportation Solution: Stock of Warehouse, Shop 1 and Shop 2 should be adjusted Candela is able to handle all such scenarios Operation: Stock dispatched order is made to send stock from ‘Warehouse’ to ‘Shop 1’ Scenarios: Stock reaches at ‘Shop 2’ instead of ‘Shop 1’ Solution: Stock of Warehouse, Shop 1 and Shop 2 should be adjusted Candela is able to handle all such scenarios Automated Stock Distribution & Optimization Automated Stock Distribution & Optimization Preferences The Process…….(one to many) ……. Head Office Shop 2 Shop 3 3 1 2 Priority to Supply 30 High Medium Low Product 1 Stoc k Shop’s Stock Process Shop 1 Priority to Supply Min Opt Max Min Opt Max Min Opt Max 5 7 10 3 6 9 2 5 8 3 7 +2 +0 1 1st Pass 2nd Pass 3rd Pass +3 +2 +3 Stock = 14 Total +7 +2 +7 +2 +1 +0 +3 Centralized Messaging Operation timings differ for the retail outlets and head office A tool to communicate the policies and decisions of head office Two-way messaging between retail outlets and Head-office Inventory Management & Re-order Levels Re-order level for every SKU can be defined Re-order for same stock item may be different for different locations Order point analysis to check stock items above maximum and below minimum Automated adjustment of Reorder levels based on sales history Customer Loyalty Cards Management of Customer Loyalty Club. Support for bar-code & RFID Cards. Points Earning & Redemption System Promotion schemes for members Member communication through SMS and Email. Ledgers can be managed for credit customers Thanks for your attention. Pharmacy Management Through Candela Pre Defined Medicine Data Data for Medicines, Surgical, Unani, & consumer items Purchase Order for Suppliers Products are loaded for supplier by the system Purchase order is generated based on Sales Purchase Order & GRN can be made in Packs Expiry & Batch No. Management • Batch # is entered while making GRN Expiry report with assumption of FIFO on Sales Controlled Drug Management Controlled Drugs are tagged in system Warning if patient or doctor name is empty Report Printing for Drug Inspectors Alternate Medicine Search Candela allows the cashier to search for alternate medicine Thanks for your attention.