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You Will Never Dread Inflation Again with ERP Software for Retail

Retail ERP Software /

You are already aware that the rising inflation rate is having a detrimental effect on consumers and businesses. As prices for everything, including food, electricity bills, and household goods, soar to record highs, everyone is feeling the effects. Trade associations, particularly among poorer households who are more vulnerable to the effects of inflation, like the National Retail Federation (NRF) in the US, which monitors industry changes, emphasize some of the ways that these kinds of events alter consumer behavior. Retail industry leaders too are impacted by the situation. However, they can use it as an opportunity with ERP Software for Retail. With Retail Business Software, retailers can make ground-breaking profits in inflation with attractive policies.   Even though it’s challenging to predict exactly what will occur in the coming months, we do know that the retail business has survived and, in some circumstances, even thrived throughout prior recessions. Analyst McKinsey provides a more optimistic analysis of the situation, saying that “retailers may convert these obstacles into opportunities – if they make bold, strategic decisions.” These decisions are typically influenced by retailers’ digital transformation journeys, (ERP Software for Retail) which aid them in acquiring the transparency, knowledge, and abilities required to safeguard margins and promptly address shifting customer and corporate demands.  In light of this, the following five technological strategies can help your business become more resistant to inflation and other issues in the future:  Order Only What Will Sell  It might seem obvious that you must stock the necessary items but is it that easy? Without real-time insights, you cannot understand what items will sell at a specific time. Implement ERP Software for Retail which allows live market updates and statistics to help you analyze the right strategy for upcoming sales. LS Retail ERP will help you analyze the sentiments and spending patterns of your customers to provide them with the best deals during inflation.   Furthermore, ERP for Retail will help you identify present and future buying trends and upcoming shortfalls in your supply chain. Reinforcing your business with retail analysis helps you understand your customer’s patterns, which will be useful for your marketing planning.   Set Reasonable and Appealing Pricing   To attract customers, you do not have to sell your products cheaply all the time, nor must you run a marketing campaign most of the time. Your customers may perceive your brand otherwise and may not even want to pay enough for the full price for your products.   Instead, with ERP Software for Retail and its analytic tools, use this time as an opportunity to reset your promotional strategies. You can think of creative ideas of how you can provide products to customers at reasonable prices while saving your costs and profit margin.   A UK-based retail company, Sainsbury’s, did just that. They introduced new pricing pledges during the inflation as it eased the financial pressure on customers while helping them make more profit. This way not only did they bond emotionally with them but also managed to make a profit. CEO Simon Roberts said that they have invested £60 million to lower the prices so their customers could get exclusive offers and meal deals on budget.  Improve Your Staff Performance with ERP Software for Retail   It doesn’t take long to see that high staff turnover continues to be a significant concern for merchants in this sector. The average staff turnover rate in retail, according to NRF, is over 60%, which is significantly higher than the average for other industries, which is approximately 19%. The expenses incurred due to all those people joining and leaving your payroll quickly mount up. Recruiting, recruiting, onboarding, and training consume time and resources from store management and cost your company money. What can you do, then, to entice the greatest employees, maintain their productivity, and motivate them to stay with you?  A cutting-edge POS Software Solution undoubtedly helps. It not only enables you to organize and monitor employee schedules, but it also provides you with a comprehensive picture of costs and results. With this knowledge, you can handle brief and overstaffed times, identify high performers and reward them, and give those who require tailored coaching and guidance.  Filter Your Omnichannel Strategies   Retailers are preparing for less foot traffic in their businesses due to rising energy costs and gasoline and fuel costs. According to a poll by Alvarez and Marsal’s Consumer and Retail Group (CRG), more than half of consumers usually or exclusively shop when they truly need something, which results in fewer trips to the store and more things being purchased in bulk per transaction.  In these circumstances, maintaining a connection with your consumers and enticing them to do business with you depends on having a seamless physical and digital presence. Make those experiences count whether customers are visiting your business less frequently or shopping online less frequently. McKinsey provides the following illustration of what this coordinated shopping experience may entail: Retailers can access all of our omnichannel chances to place an order and pick it up using ERP Software for Retail, which will also assist you with navigating and offer you visibility into the goods in the shop. You are welcome to use a QR code to conduct product research while standing in the aisle.  Inflation hits every business but retail the hardest. Retailers need ERP Software for Retail during this time to accurately analyze the market and supply chain. LS Retail provides a complete ERP and CRM suite to help retailers thrive even during inflation. If you are looking for an LS Retail Implementation Partner, you can Contact Trident Information Systems. We are a Gold Microsoft Dynamics 365 Implementation Partner and Diamond LS Central Partner. For further details Contact Us Today!  

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Ghost Kitchens is the New Trend!

cloud kitchen /

Around the world, cooking establishments that prepare food specifically for delivery orders are springing up in cities and towns massively. By 2030, the global market for this so-called ghost, dark, or virtual kitchens is predicted to reach US$1 trillion. They are getting enough attention from different IT companies to provide the latest and most robust Cloud Kitchen Management Solution to support this industry.  A few years ago, at the same time when popular food delivery services like Deliveroo, Uber Eats, and Door Dash started to take off, these delivery-only restaurants without any spaces for dine-in customers started to appear. Restaurant owners understood that serving a completely new group of mobile consumers just required a kitchen or a portion of one. Renting expensive eating locations, hiring wait staff, or any other costs associated with operating a restaurant were not necessarily extra costs. They only needed to join a meal delivery app, set up a kitchen somewhere, and start serving food. Customers who place delivery orders for pizza or noodle dishes might not even be aware that the restaurant they are ordering from does not exist.  To meet the rising demand for home delivery, fast food chain Burger King recently opened its first ghost kitchen in the UK. Just like previously, customers can order meal delivery from the new site in North London. The only distinction is that they cannot pick up their order or eat in.  It is a pattern that is accelerating. Ghost kitchens and the mobile delivery applications they live through are upending the whole notion of what it means to operate a restaurant because more people than ever are ordering meals to be delivered to their homes. Therefore, enforced delivery services are growing quicker and more convenient.  Why Do Cloud Kitchens Stand Out in The Cut-Throat Competition?  Takeaways have been around much longer than smartphones and delivery apps. However, ghost kitchens are expanding on the idea of distant dining. No storefront, no front-of-house personnel, and no waiting or seating space are present. In contrast to a restaurant, they can be found anywhere if couriers can reach them. Successful Cloud Kitchen owners implement data-driven strategies and Cloud Kitchen Management Solution.  In abandoned parking lots and warehouses, Deliveroo’s ghost kitchen concept—ultra-affordable prefabricated buildings dubbed Rooboxes—is there. Then some organizations provide commercial cooking spaces in densely populated locations ready for businesses to put up their delivery-only restaurants, such as Mission Kitchen, Cloud Kitchens, and Kitchen United.  In some instances, a single kitchen might act as the central location for several virtual restaurant establishments, with cooks preparing different cuisines under one roof. They need a suitable Cloud Kitchen ERP to streamline their operations. Both big companies who see the promise of this new business model and individual operators searching for a low-cost arrangement use this model with ERP for Cloud Kitchen Technology.  How to Make Profit with Ghost Kitchens?  Uber Eats claims that restaurants that put up “ghost kitchens” can boost sales by 50%. Deliveroo is expanding its international rollout of ghost kitchens because of its promising scope. Make sure you implement Cloud Restaurant Software which provides real-time visibility and data analysis to make the right decisions. Given below are a few ways to make a profit out of your cloud kitchen business.  Create a plan using the data   To understand typical consumer behavior and potential untapped opportunities in terms of what markets you should target, what kind of menu you should offer, and what third-party operators would be most suitable for you, research demand and identify market gaps, or if you already run an F&B operation, use your restaurant analytics. To top it off, make sure you employ Cloud Kitchen Management Solution. Establish commercial kitchen facilities adjacent to your busiest delivery locations. By reducing the delivery distance, you will be able to serve more clients who desire food. Is demand significant? To estimate whether you would require more than one kitchen, determine your typical meal preparation time and throughput.  Present a menu holding up during the transportation   Every item you prepare in your cloud kitchen must be just as delicious as the food you serve in your actual eateries. This means that you must find methods of transporting your food that will keep it warm while preventing sogginess. The people from the original restaurant who are familiar with the food, how it should be cooked, and how it should be presented may also need to be included in each new ghost kitchen to maintain the quality to your standards.  Get the Appropriate Cloud Kitchen Management Solution   You need a Cloud Kitchen Management Solution that can interface with third-party delivery operators and allow you to track the source and timing of orders if you want to ensure error-free and prompt service. Incoming orders must also be sent directly to the kitchen so that your chefs can begin to work right away and have a clear understanding of what to make and in what order.  Use Business Intelligence to analyze Your data  Finally, the current and future of your hospitality business depend on a data analytics platform like Power BI. You will minimize waste, correctly reorder ingredients, and increase revenue every day. Long-term decisions on menu items, price, or even where to open new sites can be based on a solid foundation provided by transparent business data.  The secret ingredient to any successful strategy is using the latest technology. A Cloud Kitchen Management Solution like LS Central provides a set of tools to ensure streamline your operations and assist in providing the best customer service. Being hosted on Microsoft Azure Cloud, it ensures maximum safety and security. If you are looking for Cloud Kitchen Software Implementation, Contact Trident Information Systems, a Gold D365 Partner, and Diamond LS Central Partner. 

Ghost Kitchens is the New Trend! Read More »

Grab Retail Sales Opportunities with LS Retail Power BI!

Retail ERP Software /

LS Retail ERP fosters Power BI which is a set of services, connectors, and apps that coordinate together to turn unrelated sources of data into visually impressive, coherent, and interactive insights. You might record data in a spreadsheet or a collection of cloud-based and on-premises hybrid data warehouses. However, Power BI ensures easy data source connection followed by visualizing and identifying essential inputs and sharing them with anyone you want.   Microsoft Power BI sets an example of being one of the most popular SaaS (Software as a Service) Power BI services. You can use it on both your PC and mobile devices.    Role of Power BI in Sales   Any organization sets benchmarks based on its sales. A sales increment contributes to more customers, revenue, and profit. There was a time when sales data was tracked manually. It was researched and combined from various sources and transmitted into a single report. All the manual work made it tedious and prone to errors.    An organization cannot create relevant sales-boosting strategies without real-time data precisely displayed in a report. Be it on current market trends, customers, competitors, or KPIs, to take relevant action, one needs accurate data. This is where LS Retail ERP comes into play. Power BI automatically draws data from various sources and turns it into actionable reports.    How to Boost Sales with Power BI?   Sales will not increase automatically, decision-makers need a proper understanding of their environment and relevant aspects to come up with the most logical and feasible sales-boosting strategies. Planning needs data, real-accurate data. A little input inaccuracy can lead to internal as well as external losses.     A data-driven dashboard that BI generates displays essentials that need to be taken care of. Compiled data from various sources and formats transmuted into visual dashboards helps decision-makers to get a full-fledged picture of their business right in front of them. They can analyze each store’s performance and make necessary modifications, track sales performance, and much more. Here are five ideas to boost sales using LS Retail Power BI.    Carry out In-Depth Sales Analysis and Forecast    The very first step to employing LS Retail ERP to boost sales is to study your sales pattern. With Power BI Services, analyze sales made in the past few months and identify your mistakes. Compare the most recent sales with the previous ones and spot the difference. Identify the time you made the most sales, what strategies you used, and if it is possible to implement them again. Change your current strategies if required. Study previous statistics where you made the least sales, track the pattern and identify the redundant processes you might be repeating. Thoroughly study and compare your sales. Identify the factors or ingredients your customers did not appreciate earlier and try to avoid them. Suppose you increase your restaurant sales by 30% in 2018 when your restaurant offers free coke with a pizza. Identify the probability of an increase in sales if you implement the same or similar strategy again.    Be Creative with Meal Variations    Track the meals in demand the most, launch their variations or side dishes and offer them out. What ingredients can you add or remove from your meals? Offer unique side dishes like a new cake variation or add a mix of different herbs to French fries. You can also launch innovative dip ranges with simple snacks like chips, French fries, chicken nuggets, potatoes nuggets, etc. such as cashew cream, creamy jalapeno dip, Romasco sauce, Persian cucumber dip, and so on. With LS Retail ERP you get plenty from different touchpoints.   Create Loyalty Programs and Special Deals    Understand each of your customers, scan through their most recent purchase, and read their spending behavior with Power BI. customize exclusive deals and plans based on their preferences. Classify customers into distinct groups and launch specialized offers for them. Prepare meal plans and meal deals, avail loyalty points, and allow them to be redeemed at a given time.    Encourage Your Staff to be More Productive with LS Retail ERP Track each member of staff’s performance and identify how you can boost their efficiency. Notice the technical and non-technical aspects impacting them. Check if they are compatible with modern technology. Analyze their pain points, try to resolve them, and identify the factors that would drive them to perform better. Encourage employees to work better with regular awards and rewards. It becomes easier if you have LS Retail ERP at your back. Ask your customers for their feedback on the staff hoisting them and reward the best-reviewed staff members at the end of every month or quarterly. This boosts your employees’ morale and drives other employees to give their best.   LS Retail ERP provides a set of tools essential to boost your employee’s productivity.  Referral Promotion Through Power BI     This is one of the most common and effective sales-boosting methods. Select a meal or a meal plan you wish to increase demand for. Launch exclusive discounts for people who bring more people with them. Suppose a person brings two people along and offers a 20% discount on the meal on offer and a coupon to the person who brought them. If he brings three people along, offer a 30% discount. Stretch discounts to a maximum of 50% for 6 people and above. Some might even try other dishes that are not on offer as well. Hence, boosting your overall sales.    Planning gets easier when you have a comprehensive report on every aspect of your business. To boost sales, LS Retail ERP and its Power BI functionalities can assist and backup your creative strategies. If integrated with Artificial Intelligence (AI), it can open doors to numerous opportunities, from analyzing current market dynamics to understanding competition strategies. Trident Information Systems is a Gold Microsoft Partner and LS Central Diamond Partner and serves various successful businesses with Power BI services.  For queries, Contact Us Today! 

Grab Retail Sales Opportunities with LS Retail Power BI! Read More »

LS Retail Technical Consultant (4 -7 Yrs)

Position Title: LS Retail Technical Consultant Location: New Delhi Exp Level: 4-7 Years Education Qualification: B E/B Tech/MCA Key Responsibilities: Managing LS Retail Implementation, Support and Development. Managing LS Retail Loyalty Management for Registration, Upgrade, Downgrade, and Point Configuration, New Scheme, Club), Coupon Management, Promotion Management, Employee Management, Master Data Management, Tax Setup, New Store Setup Managing Navision/LS Retail setups / Configuration / Implementation. Managing and Support API of LS Retail used by our ecosystem Maintain all documentations related to Change Requests and IT Audit. Liaising with Other function on New Project and Enhancement. High level of commitment to business satisfaction and agility Possess a strong work ethic and is passionate about his/her role with the attitude to learn Desired Profile: At least 4-6 years’ experience LS Retail and Business Central Good Knowledge of D365 Business Central & LS Central Technical API development in Microsoft technology stack Managing Backups and versions of Application objects. Knowledge of SQL server Company Profile: Trident Information Systems Pvt. Ltd is one of the leading global providers of Information Technology services and business solutions with over with a proven track record of over 23 years. Trident Information Systems P. Ltd. serves clients in India, Middle East and Asia Pacific and takes pride in having a sustained business relationship with its clients through its project delivery and support engagements of high order. The Firm through its alliance with Microsoft, SAP and IBM not only provides implementation services in enterprise application packages but also provides niche solutions and services in its quest for serving clients beyond the expected returns from package implementations. For more information kindly log on to tridentinfo.com

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Employ Dynamics 365 in Your Manufacturing Plant and Boost Your Productivity by 80% 

Manufacturing ERP Software /

In the past few years, the manufacturing industry has lost its high momentum, which is further expected in the upcoming years. This industry has always been surrounded by different challenges and now the situation has gotten even worse. Be it a low investment in the Steel Manufacturing ERP Software for the steel industry, market unpredictability for apparel manufacturing, or too much wastage while food manufacturing- the challenges have become three-fold. However, you can tackle them with the relevant technology.  Using Manufacturing CRM Software like Microsoft Dynamics 365 Finance and Operations, you can easily cope with predictable and unpredictable challenges.  The Dynamics 365 Industry suite has always been among the favorites of manufacturers among different verticals. With its wide range of tools and features, they witness a sudden productivity improvement in their factories. As per the Dynamics Salary Survey of Nigel Frank, in 2017, it was revealed that the highest representative vertical among Dynamics 365 users was manufacturing, with one in 10 Dynamics end-users’ respondents working in the manufacturing industry.  Why Microsoft Dynamics 365 Manufacturing ERP Software?  Throughout history, the industrial revolution has happened through the trickle-down effect. However, technology like D365 Manufacturing ERP Software today is helping manufacturers of all kinds to access an easy, affordable, and flexible solution to boost productivity.   Despite being multiple operation packed, manufacturers face cutthroat competition to provide the best and most unique services to the customer.  Being a comprehensive cloud-based software, it aims at breaking down the silos between the front and the back office that the basic Business Management Software lacks. By unifying operations, you can witness a smooth flow of data transfer with great visibility, and better customer management. You can then make smarter and more informed decisions, and bring more business in.   Dynamics 365 Manufacturing ERP Software simplified access to data while syncing your assets. Therefore, making it easier to manage them no matter where they are located. Using smart technology like IoT, sensors, and Power BI turns your factory into a “smart factory”. Your operations become more agile, smooth, and flexible while empowering your employees and boosting their productivity.   The manufacturing industry has faced the maximum labor shortages in the past few years. This ERP for Manufacturing also fills the labor gaps.  Dynamics 365 Applications for Manufacturing   Microsoft Dynamics 365 comes with two applications. You can decide on the suitable one according to the size and scope of your business. You can choose between Microsoft Dynamics 365 Finance and Operations and D365 Business Central as per your needs. In both cases, you will achieve your maximum potential.  Microsoft Dynamics 365 Finance and Operations   Modeled mainly on Dynamics AX, it is most suitable for larger businesses, or businesses with more than 250 employees. It is the flagship application of the entire D3365 family and provides a comprehensive solution in the market.   Apart from providing industry-specific tools, this Manufacturing ERP Software provides features to revitalize large-scale business operations from accounting to human resources.  Some of its features include but are not limited to:   Production control  Capacity and material planning   Master planning   Job sequencing and scheduling  Resource management  Shop-floor management   Product Configuration  Inventory management   Distribution planning  Transportation management  Quality management  Order promising  Multiple-site warehouse management  Indirect and direct procurement  Supplier relationship management  Purchase requisitions  Vendor self-service portal.  You can use D365 F&O for $190 a month per user for a complete license. The application is also available as part of a wider plan which adds a wide range of other ERP and CRM apps.   Dynamics 365 Business Central   Dynamics 365 Business Central is the upgraded version of Dynamics NAV, and therefore, is most suitable for SMEs. It contains all the best features and tools small to medium-sized businesses need to manage their back-end business processes.     It comes with two of its licenses; Essential and Premium. The essential license costs $70 per user every month. It offers features like advanced inventory, distribution, contact management, workflow, resource management, purchasing order management, finance, fixed assets, budgets, etc.   To access Business Central’s manufacturing and service management modules, you must purchase the premium license costing $100 per user every month.   Some of the features of D365 BC’s Manufacturing Module include but are not limited to:   Finite Loading  Version Management   Machine Centers   Demand Forecasting  Basic Supply Planning  Agile Manufacturing  Production Orders   Despite being a heavy-operation industry, manufacturers are in cut-throat competition to please their customers. Manufacturing ERP Software like Microsoft Dynamics 365 provides all the tools and features to allow a smooth flow of your manufacturing operations. Being hosted on Microsoft Azure Cloud, it ensures bank level security. If you wish to find a suitable D365 application, you can Contact Trident Information Systems. We are a Microsoft Dynamics 365 Gold Implementation Partner and LS Retail Diamond Partner. Our team of experts will find the most suitable solution for your business type. Contact Us Now! 

Employ Dynamics 365 in Your Manufacturing Plant and Boost Your Productivity by 80%  Read More »

6 Strategies to Boost Restaurant Profit in the Current Scenario

Restaurant Management ERP /

Being hit by COVID 19, we all have been on different levels. Our financial, mental, and physical health have been tested. Everything shut down for months during the lockdown including restaurants. However, as everything unlocks, everything is getting back on track slowly but steadily. Restaurants have become more cautious of their health and put safety as their priority by wearing masks, maintaining social distance, and so on. With the help of Hospitality Software like LS Retail ERP, many restaurants can successfully cope with the agonizing unpredictability in society.  These practices have affected industries like hospitality which is centered around human-to-human contact. Through this blog’s medium let us discuss various methods to boost your restaurant business in the current scenarios.   #1 Upgrade Your Business to Cloud Hospitality Software and Pay Per Use   Upgrading your business to the cloud and paying just for the services you use can save you a ton of money. Just get a reliable Hospitality Software like LS Retail Hospitality Software itself and get the services you need. It is hosted on and by Microsoft Azure which ensures bank-level security. Get custom-made services as per your business requirements and pay only for what services your restaurant requires such as Mobile POS, Real-time data reports, and Customer Behavior analysis via Power BI. If you wish to centrally manage your restaurant business, you can do that too. Backed up by a reliable Implementation Partner, you can easily train your staff to use these services and let them handle any technical issues you might end up crossing paths with.  You no longer have to take up services your business doesn’t need just because they are ‘included’ in the package. For instance, if you wish to adopt the LS Retail POS but want to manage accounts in Silos, you are free to make customizations like that.   #2 Hold Events and Workshops  Events and workshops are one of the most underrated ways to boost your restaurant business. You can either tie up with different workshops or organize your own. It entirely depends upon your strategy and budget. You can boost your reach in both cases. Some examples are the bacon festival in California and the pizza fest in Italy. You can also organize something like this. Such events offer a golden opportunity to flaunt your delicacies and draw more customers. Make sure you have the relevant Hospitality Software to successfully handle the situation.  #3 Enlist yourself with different Food Delivery Platforms  Online food ordering is a boom these days, you might find yourself falling aback if you do not use online platforms to boost your customer reach. Being integrated into multiple channels can make communication with the customer more complex. It is advisable to implement Online Food Ordering Software for simplifying convenience, developing connections, and handling customer grievances.  #4 Promote your Business Using Virtual Media   Customers are attracted to what they see. Use this psychological fact to draw more of them. All you have to do is click some nice pictures of your food, enhance them a bit more and post them online. Apart from this, there are plenty of food bloggers who are monitoring socially active restaurants. They might either click pictures or use your clicked pickers for their food blogging. This will do a free promotion for you. Another technique is to create videos, having pandemics in effect, people have become even more health-conscious. You can post a video on your social media platform showing step-by-step how your cooking is complying with all the safety measures.   #5 Strategize your Loyalty Programs  Loyalty programs draw customers as honey draws bees to itself. Hit a home run with smarter loyalty programs. You can analyze your customer behavior and spending pattern, especially with cloud Hospitality Software. Ask them to enroll in your loyalty programs such as providing a 10% discount to customers who take up to 3 years of their membership. Or you can offer free beverages to customers who take up to 1 year of membership. Provide them coupons, rewards, and discounts when they revisit your restaurant.  Apart from this, you can also offer gift vouchers to your customers during the festive season. In this case, restaurants that run a buffet system get the maximum profit. They can offer a second meal free, a free buffet dinner for a couple, and so on. These strategies not only boost sales but also retain customers.   We recommend avoiding physical loyalty cards and going cashless with electronic loyalty membership cards. And managing your loyalty programs cannot even get on your nerves if you have been involved in this service in your Pay Per Use Model. Use CRM Software for Hospitality Industry to get your work done most efficiently.  #6 Adopt Cloud Kitchen   Cloud kitchens or ghost kitchens are in trend. This pandemic has boosted the trend to another level. Since it is a licensed cooking structure without a dine-in option available to prepare delivery-based food.   It is the best cost-saving strategy as you do not have maintenance and operational costs. Additionally, you can create a cloud kitchen by collaborating with other restaurants. It is recommended to get a unified Cloud Kitchen Management Solution designed for the cloud kitchen to make your management even easier. LS Retail has been voted as the best Hospitality Software for Cloud kitchens so far.  Final Words   We have mentioned the top 8 strategies to boost your restaurant business in this challenging era, you can seek technical assistance and upgrade your business to the cloud. The best part is you do not even have to buy a full-fledged package since Pay Per Use is available these days. Microsoft provides just the Hospitality Software. Trident Information Systems has been one of the Gold Partners of Microsoft and LS Retail Diamond Partners and has served various brands since then. For further queries or a demo contact us.  

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It’s Time to Build a Mobile Strategy for Your Retail Chain

eCommerce /

How many of your consumers use their mobile devices to shop? According to eMarketer estimates, worldwide mobile commerce sales are worth more than US$3.5 trillion yearly, it’s probably more than you think. According to Oberlo, around three out of every four internet sales are made using a mobile device. So, are you making an effort to secure a share of the mobile market? You can use the latest eCommerce Website Software to help you create foolproof strategies   The numbers truly speak for themselves when it comes to determining the return on investment of a mobile retail strategy. McKinsey estimates that multichannel shoppers make purchases 70% more frequently and spend one-third more than those who only shop in physical locations. Did you guess why? Convenience! You can provide this convenience to your customers only if you employ the latest Software for eCommerce Website.   How can you ensure that your mobile strategy benefits both your company and your clients? When we think about mobile nowadays, we don’t just mean having a mobile app or a website that is optimized for mobile devices. Ensure that your consumers can get whatever they require from any location by making the experience as connected and convenient as you can. This would include:   Your online store’s website must be mobile-friendly to enable customers to shop whenever it’s convenient for them and access their shopping basket from any device.   To help users locate the nearest store and verify the availability of local inventory, the perfect eCommerce site must also contain geolocation which certain eCommerce Website Software provide.  Loyalty: Customers need access to their points so they may accumulate and spend them anywhere they like, using their digital card at a real store or online, whether it is through an app or a website.  Mobile in-store shopping allows customers to scan products and pay using a mobile device. Solutions like ScanPayGo, which provides Point of Sale (POS) capabilities on the customer’s smartphone, are widespread in the supermarket industry and are increasingly spreading to new sectors.  New smartphone features like augmented reality and beacons will make shopping more immersive and fun. LS Retail eCommerce Website Software allows AI and machine learning and all the required features to keep you ahead of the competition.   In this article, we’ve outlined five ways that merchants can create a mobile retail strategy that connects customers at every stage of the purchasing process and scales with their business:  Understand Your Customer’s Habits   Many IT initiatives fall short because the demands and expectations of the customers are overlooked or lost on the way. With so many options for tactics and technology, it’s shockingly simple for merchants to make the incorrect investment and pay the price. Consider where the value is, what your customers’ priorities are, and how the new technology fits into your omnichannel strategy before rushing to create an overnight mobile service. You can easily get accurate insights with Business Intelligence technology. LS Retail eCommerce Website Software provides one of the most robust BI technologies, known as Power BI.   Keep up with the industry and customer trends and determine the most relevant ones for your business.   Figure out the most preferred services and channels for your customers. Do they prefer self-checkout options and kiosks? Do they need a separate customer loyalty application?  Respond to customer details on time and take note of their grievances. Find out ways to improve their services in the future.   Pay Attention to the Customer Experience  In terms of mobile retail, a positive user experience entails a website loading instantly upon touch, simple access to all the needed information, and a completely linked and personalized buying experience. Getting it corrected is worthwhile. According to Think with Google, shoppers are 62% less likely to make a purchase from you in the future if they have a bad experience with your mobile app. You can ensure this with ERP Software for Retail like LS Central eCommerce Website Software.   The finest website and app designs are basic and clear.  Make sure all platforms and material, including your website and flyers, can be readily seen on a mobile device.  Streamline the checkout process so that clients don’t need to continuously fill out various areas and go through several phases to make a purchase.  Ensure that customers receive personalized service based on their unique tastes and habits.  Connect the mobile and in-store experiences so that your consumers feel understood and appreciated when they switch between the virtual and real worlds.  Keep a Keen Eye on Your Competition   Making a mistake here is simple. When you observe another retailer launching a brand-new service on social media, you scramble to provide a comparable service. However, copying your rivals doesn’t necessarily translate into success. Research is essential before doing anything new, and thorough research includes looking at your clients as well as your business and competition. What are they seeking? What do they plan to value? Make sure you are backed up by eCommerce Website Software to not just give you the insights you need but to reinforce you with all the necessary features to beat your competition.  Use tried-and-true, data-driven planning techniques, such as SWOT analysis, to determine exactly what your company needs, from all perspectives, and how your mobile strategy can help.  Take this as a chance to reflect on various possibilities and viewpoints and to identify any resources you may have at your disposal.  Look at what’s working effectively for your rivals, and for inspiration, consider other company leaders in various industries.  Consult with your clients to see what benefits they would derive from your mobile approach.  If you are looking forward to implementing eCommerce Website Software in your retail store, we recommend LS Central. It is an extension to Microsoft Dynamics 365. Hence, it is hosted by and on Microsoft Azure Cloud. Therefore, guaranteeing bank-level security. Contact Trident Information Systems for further information. We are Microsoft Dynamics 365 Gold Implementation Partner and LS Central Diamond Partner.  

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Does Your Restaurant Really Need a Cloud Upgrade?

Restaurant Management ERP /

If your hospitality business is running quite fine, there are high chances of you already using the cloud to operate some of your IT functions. Not bad. However, in this cutthroat competitive era, it is best to use Hospitality Management System Software that provides all the necessary cloud-enforced tools on the same platform.   You must take your business one step ahead with an overall cloud upgrade by shifting from an on-premises version to SaaS (Software as a Service). However, even if you acknowledge its potential growth, you may still be avoiding it. You are probably hesitant now. You may not feel so confident about using the cloud with the latest technology, but it is not as tough as you think it is. It is easier to use than those traditional or limited cloud-based services.     Whatever is causing you this dilemma, you need to keep up with the competition and allow the latest technology like Hospitality Management System Software, which sets you in faster motion today and further.   If you still are hesitant about using the cloud, here are the top 6 convincing facts that would motivate you to migrate from on-premises to SaaS.   Fact #1 You Are Always on the Latest Upgrade Automatically with a Hospitality Management System Software   Working with the traditional on-premises software, you would have already witnessed their desperation for an update. Not just this, to stay up to date and secure, you might also need to purchase new software every few years and update it quarterly. However, the reality states a different story; the restaurant owners have a lot more to do than these updated games. And if you prefer multiple software solutions, there come integration challenges that can be costly, time-taking, and tiring. In this case, your IT department is working but is not adding value to your business. This does not even end here; due to outdated technology, you may end up compromising your potential growth and keeping up with the customer demands.   However, if you shift your technology to cloud Hospitality Management System Software, these issues won’t bother you anymore. You no longer have to think about periodic maintenance and budget to proceed with complex and expensive updates. Instead, your service provider would take care if you Restaurant Management Software were updated regularly, and if you fixed your add-on the right way, you could easily maintain them. You are promised the latest version as soon as it is out on the cloud, blink your eyes, and boom you have the latest Restaurant Management System software version right in front of you.   Fact #2 You Are Entitled to a Productivity Boost with Intelligence   As soon as you switch to Hospitality Management System Software, get ready to experience its advanced computational power. The complications you faced yesterday in your tasks are no longer there today. You can easily process your data in the powered tools of the cloud i.e., AI (Artificial Intelligence) and machine learning, and get the required conclusions without having to pay additional servers and data scientists. All you need is the least of your efforts, and you can get the needed information in no time. There is a pool of AI tools to pick from the cloud, opening infinite doors for new business opportunities to improve productivity and effectiveness. AI also promotes more sensible and personalized decisions when it comes to dealing with your customers.   Would you prefer not to send your clients personalized deals, offers, and discounts based on their preferences and meal history? You can get it all in no time once you adopt cloud and kick start instantly!   Fact #3 You can Continue Your Hospitality Business with A Well-Structured Infrastructure  One of the biggest risks with in-house IT systems is failures and downtimes. On-premises Hospitality ERP Software does not guarantee continuity. If they die, you are doomed; if the primary software breaks down in any shape, this may result in customer service hindrances and the inability to close sales. To keep up with its reliability, the traditional infrastructure keeps a recovery plan which is expensive and time-consuming.   On the other hand, by shifting to SaaS, you can bid farewell to all the related issues. Even if your hardware breaks down, your data is still secured in the cloud. Thus, you can access it whenever you want. Cloud also promises great reliability, especially large clouds such as Microsoft Azure which is accompanied by dedicated teams, built-in redundancy, and expensive resources.  Fact #4 You Can Quickly Adapt to the Dynamic Market Conditions   To blend successfully in the suddenly changing market conditions you need the right technology. The traditional IT system lacks flexibility and consumes too much time. Even simple activities like installing a new server to the application can be frustrating and time-taking. First, you need to find the right Hospitality Management System Software, then setting up and carrying out several tests, and finally implementing one is no less than a pain.   This would work in the past but not anymore, you are now exposed to a competitive market unburdened with the traditional method. And to top it off, the most basic thing to keep up with the change is the real-time data, strategizing, and instantly deploying innovative technology with the least upfront cost and prep time, which your traditional infrastructure is not so likely to provide.   As soon as you run your system on the cloud you get the speed of action and expand your business with additional functionalities and clever applications with no need for a protracted integration process as they are already made to fit your system.    Fact #5 You can Access Your Data as You Wish   The hospitality business has become one of the most dynamic industries with trends changing in the blink of an eye. As for hospitality, you need visibility, especially if you run multiple chains. The traditional IT environment is most likely to deprive you of this advancement. You need a cloud solution to tackle it.   When you upgrade

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Try These 5 Hacks to Get 80% More Sales During This Festive Season: Guaranteed!

Retail ERP Software /

Festivals are around the corner. It’s time to extract the maximum benefits. Boost your potential with Retail Software. eCommerce sites are flooded with luring offers and deals! You must increase your presence with the right strategies. Make sure you have implied robust Search Engine Optimization.   At the same time, do not forget your in-store. It’s understandable that most businesses, in festive seasons particularly, are unable to provide as smooth and flexible services as they would in the off-season. Your staff may get overwhelmed with overloaded tasks and may not be able to serve every customer personally. Financial constraints, seasonal items, and temporary workers can put your revenue at risk. And if you aggravated a customer then, you may never see them back at your store.   Only suitable technology can handle this overwhelming situation. You can get wonderful results if you reinforce your business with powerful Retail Software that efficiently manages your brick-and-mortar store and e-commerce store simultaneously LS Retail ERP can be the best eCommerce Website Software that works for your retail in-store excellently.   In this blog, we will discuss Five guaranteed hacks to increase your sales by 80% this festive season:   Provide Ease to the Customer  Have you ever wondered why a customer would fight snow, rain, and wind only to visit an offline store to get the services they can get on their couch? They want to experience the touch and feel of the product. But what happens when they reach there, and the item is missing? They feel disheartened or may even frown at the situation. Everyone is in hurry and hence your staff must serve every customer and resolve their queries as fast as possible. You can also replace your legacy billing application with a Retail POS System that works as a sales assistant and an extension to your billing software. LS Central is one of the finest examples in this case. It can show product availability and records all the previous transactions of customers. You can also use the Retail Software to help customers repurchase an item that’s a name they can’t recall.  Give Your Customers Enough Space to Move Freely  Your store will get overcrowded during the festive season. Ensure enough space for your customers to roam around and check out different items, especially when they drag a cart. Check if the layout of your store is compatible to allow free movement. Also, notice if the placements of items are correct; check if some items are selling less than others. Modify the framework accordingly.   Be Organized (You Can Also Use a Retail Software)  Imagine walking into a clothing store to buy gifts and seeing stuff all over the place, shirts spread out on the floor, t-shirts scattered around, and a mannequin wearing a brand-new jacket that looks second-hand. Furthermore, it becomes hard for customers to find the appropriate item, followed by the right size. And it’s doubtful that they’ll want to spend the full price on shabby-looking products. They’ll probably depart out of frustration. Reinforcing your staff with Retail ERP Solution will help you avoid having your business resemble a battleground and will ensure that consumers who come through your doors can locate what they’re searching for.   Provide Precise Description   Is there another color available for this computer bag? Do you still have these in the pro version? As more and more consumers approach the store during the festive rush with a clear concept of what they are searching for and little time to squander, it is simple to become flustered.   At such a point, having the appropriate Retail Software is essential to support and increase sales. Many stores continue to use outdated IT infrastructure. These piecemeal systems frequently lack sufficient information synchronization, are expensive and time-consuming to operate, and prevent businesses from providing the services that customers want.   Therefore, they pose a significant danger and expense to the company, which exacerbates during the busy season. It’s better to consider a Retail Business Management Software that can manage your business on a single platform and provide a clear picture of your business to ensure a smooth operation throughout the holidays. It enables you to retrieve necessary data in real-time and gain insights. This further allows you to decide your next course of action and keep on top of things with confidence.  Extend the Return and Exchange Duration   People buy presents during the festive season, and naturally, some will not even work for them. This highlights the need of providing longer return policies that enable customers to return their purchases beyond New Year’s Day and under benevolent shipping terms. Accepting in-store returns for things purchased on an e-commerce website is essential for your company plan if you run an omnichannel operation. A UPS survey found that 60% of customers prefer to return things to a store and that 70% of them will make future purchases there.  You can make an incredible profit in this festive season, only if you work smartly and adopt efficient strategies. Our team of experts studies market gaps and discovered five hacks to boost your sales by 80%. You must invest in the latest Retail Software like LS Central. It is agile, flexible and provides a full-fledged suite of tools. Furthermore, it is hosted on Microsoft Cloud Azure, which means it’s extremely secure. Moreover, with Power BI, you can understand what exactly your customers want.   It is important to simplify your operations to optimize customer service. Get Retail Software that manages your ERP, finance, customer services, etc. on the same platform. If you are looking for a Retail ERP Implementation Partner, you can Contact Trident Information Systems. We are Microsoft Dynamics 365 Gold Implementation Partner and LS Central Diamond Partner.   

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eCommerce Website Software

9 Hacks to Ensure Your Customers Get the Best Online Shopping Experience

eCommerce /

Online shopping is booming now. For a couple of years, when lockdowns were prevalent, people solely relied on online shopping, which as a result, made them succumb to the ease of it. If you, as a retailer, are still not on any eCommerce platform, you should consider getting into one. Due to this elevated trend, retailers are finding innovative ways to provide the best online shopping experience. Being entirely based on technology, you must employ suitable software. It would preferably be a Unified eCommerce Website Software.   To stand out in the market, you must ensure the maximum comfort possible for your customers on your part. Provide exciting offers, deals, and discounts. Make them feel special. Show how much you care for them. Don’t let them hover around scrolling through irrelevant products. instead, suggest products they are most likely to purchase.   Keep customers happy with a smooth online experience. This is only possible if you apply robust eCommerce Website Software. A solution that manages the entire process on the same platform because using different systems will only cause delays, and people these days are the most impatient. Our research team has found the top 9 hacks ensuring your customers get the best online shopping experience ever!   #1 Make Sure Your Customers See the Relevant Products Only (an eCommerce Website Software can Help)  Customers have the shortest span of patience now. Make sure they see relevant products fast. Don’t let them waste their time scrolling through things they may never buy. In this case, using Software for eCommerce Website helps. You can even encourage them to buy combination products (cross-selling). This is what Amazon does, it suggests shoppers a combination of products that go hand in hand at the bottom of the page. You can also create a separate section on the screen suggesting the best combinations people are frequently buying. This trend becomes even more prevalent during a sale.   #2 Your Site Should Load Fast in Both Mobiles and Computers   Nothing is worse than frustrated customers. Imagine them having every item at the best price in their cart. However, the site is filled with various glitches, and your customers often get stuck during the checkout. When your competitor’s website loads fast, and it takes double their time to shop on your site, you have an increased risk of losing customers to them. Employ a suitable eCommerce Website Software that hardly needs to be looked after, like LS Retail. It requires no-low maintenance, automatic updates itself, and no specific team of experts to take care of the software. This way, you can free your IT team, and engage them in developing a faster and better-quality website.   #3 Show How Much You Value Your Customers   Your customers would want to come back again-and-again to your site if you treat them like a king. Carefully observe their previous transactions and understand their patterns. See how they prefer to spend and what their habits are. Also, notice what they didn’t purchase, why so? and how to improve the situation. You can either engage your team to do it manually with some tools if you have a small client base. Those with a massive client base must deploy Business Intelligence Services. For example, LS Retail eCommerce Website Software supports a robust tool called Power BI, that collects historical data, scans it, understands customer’s actions, and provides insightful reports. You can use these reports to:   Categorize Your Customers  You can categorize them into levels, e.g., Bronze, Silver, Gold, and Platinum. Each of them should be entitled to certain services where they can get cashback, discounts, free shipping, etc. You can also flexibly change the services in each segment time-to-time, for example, suppose gold customers are entitled to 10% off on a tank top, seeing 20% off if they buy a tank top with a shirt and pant in the next month, will encourage them to purchase more. This will keep them excited about new upcoming offers. Furthermore, this will also encourage other customers to try getting into one of the categories and enjoy the benefits.   Offer Reward Points   You can also provide reward points to valuable customers and allow them in their next shopping. This will work as equivalent to a cashback for them.   #4 Allow Them to Easily Contact You   Nobody has enough time to google your contact details, Display your number at the center of your eCommerce site. Sometimes your customer service executives are way too busy to handle all the queries. So, you can also allow AI-based or human-based live chat options, or an amalgamation of both. Make sure you use an eCommerce Website Software that provides live chatbot options within the same platform. For example, LS Retail offers an AI-based live-chat-bot option, so your customers never go unattended at any time of the day.   #5 Let Customers See if the Inventory is Available or Not  If you are selling a tangible product, make sure your customers can see its availability in the early stages. There is nothing more frustrating than finally finding the right sized dress/ shoe and finding it backordered or having “the item is not eligible for delivery in your area” notification. Having an eCommerce Website Software managing everything on the same platform helps.  #6 Use Color Psychology   Carefully design the color scheme of your site. Many big brands use triggering color schemes in their eCommerce sites. For example, brands color the “check-out payment” button in green. Green usually signals “let’s do it” or “positive”. It also stands for the green signal in traffic lights.     #7 Upload Good Quality Photos/ Videos with Thorough Descriptions   Make sure your customers get the right vibe of the product they are about to purchase. Upload HD-quality pictures of the item. You must also include a video description of the product and directions to use it. In addition to it, ensure you give a thorough description of the product so the customers can get a fair picture of the item.   #8 Connect all Your eCommerce Platforms  Most online retailers these days don’t limit themselves to

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