Managing inventory may feel like a never-ending balancing act, but that’s where a Retail ERP (Enterprise Resource Planning) system comes in. The all-encompassing data management program can help retailers improve their inventory processes with real-time information, allowing you to manage costs and grow strategically. Below are three ways retailers can use an ERP system to… Continue reading Improving Retail Inventory Management: How an ERP System Can Help
Category: Industry
Production Planning in Microsoft Dynamics 365 Business Central
Production planning is an important part of inventory planning. In this video, ArcherPoint’s Robert Grainger discusses production planning in Microsoft Dynamics 365 Business Central, including a high-level overview of the master data for production planning, and some advice on the strategy around the planning process—like advising users to hold on releasing production orders early because… Continue reading Production Planning in Microsoft Dynamics 365 Business Central
5 Ways Retail ERP Dashboards Can Improve Decision Making
A question often posed to us by retailers is, “How can I make better decisions to help reduce costs and increase profitability?” The answer: A retail ERP dashboard that provides the relevant information accurately and quickly. ERP dashboards are especially useful in calculating how indirect expenses such as overhead or occupancy costs impact store revenue.… Continue reading 5 Ways Retail ERP Dashboards Can Improve Decision Making
8 Reasons Why Brick and Mortar Stores are Important for Retail
eCommerce dominated during the Covid-19 pandemic. In fact, even though overall retail spend decreased, eCommerce sales grew. However, it might surprise you to know that, even with the pandemic, eCommerce represents a small percentage of total retail sales. According to eMarketer, it’s as low as 14.5% in the U.S. This makes it clear that physical stores… Continue reading 8 Reasons Why Brick and Mortar Stores are Important for Retail
The Point Of Sale Of The Future: 4 Reasons Retail Is Going Contactless, Mobile, More Personalized
Even though online sales are inevitably rising, the demand for in-person retail experiences remains strong: customers still want the opportunity to walk into a physical space and see, touch, test and discover new products, all while having the possibility to ask an associate for product purchasing guidance. Point of Sale systems have developed over the… Continue reading The Point Of Sale Of The Future: 4 Reasons Retail Is Going Contactless, Mobile, More Personalized
Manufacturing in Microsoft Dynamics 365 Business Central: How to Choose between Premium and Essential Licensing
In 2018, Microsoft began offering Dynamics 365 Business Central in two versions: Business Central Essentials and Business Central Premium. If your company has manufacturing and/or assembly as part of your business, it is important to understand the difference between these two versions to ensure you get the solution that addresses your needs. This blog post discusses the differences between the… Continue reading Manufacturing in Microsoft Dynamics 365 Business Central: How to Choose between Premium and Essential Licensing
Manufacturing Costing Methods Available in Microsoft Dynamics 365 Business Central
If you’re a manufacturing company implementing or already using Microsoft Dynamics 365 Business Central, a natural and important question to answer is which costing method you should be using. As with so many decisions you make about setting up your ERP system, it depends on several factors. Let’s look at the different manufacturing costing methods… Continue reading Manufacturing Costing Methods Available in Microsoft Dynamics 365 Business Central
The Right ERP Can Be Exciting! Just Ask Superior Fireworks
When you talk about business software–like ERP, “exciting” is not the first adjective that comes to mind. But when it comes to fireworks, things get interesting. Here’s a story about how a major fireworks company was able to deliver more excitement with Microsoft Dynamics 365 and LS Retail’s unified commerce software. Who doesn’t get energized… Continue reading The Right ERP Can Be Exciting! Just Ask Superior Fireworks
Are You Ready for a Peak Shopping Season? 3 Tips for Cyber Monday 2021 (and Beyond)
While the challenges around preparing for the holiday shopping season is nothing new for retail, preparing for this year’s season is chock full of its own, unique challenges, potential pitfalls, and yes—opportunities. However, when it comes to Cyber Monday, which will be upon us on November 29th this year, the big worry isn’t only supply… Continue reading Are You Ready for a Peak Shopping Season? 3 Tips for Cyber Monday 2021 (and Beyond)
How to Use Your Retail POS Software to Gather More Specific Customer Data to Increase Loyalty and Revenue
Retail POS software can gather huge amounts of data every day. But when it comes to collecting relevant customer information, retailers should shoot for quality over quantity, which is how retail POS software can help. Capturing relevant data requires a variety of gathering methods, each focusing on connecting customer information with every sales transaction. Here… Continue reading How to Use Your Retail POS Software to Gather More Specific Customer Data to Increase Loyalty and Revenue