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Posibolt Solutions Pvt Ltd.is providing superior IT and related services to the clients all over the world for efficiently managing the implementation process of cloud based ERP, on-demand ERP, online ERP, CRM software and web application for different industrial verticals, serving domestic as well as international sectors.
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POSIBOLT / Uncategorized  / Fashion Retail solution for Al Majed Group

Fashion Retail solution for Al Majed Group

Problem Statement

Al Majed Fashion (http://www.almajedgroup.me) was established in 2007 to accentuate the beauty and elegance of Al Majed Jewellery, the pioneering company of Al Majed Group. It is a part of the expansion of Al Majed Group created to bring to Qatar the world-renowned brands such as Little Milano, TALLY WEiJL etc. Al Majed Group wanted the ERP implementation to consider future expansions in terms of number of outlets under each brand and addition of new brands.

Solution

Posibolt’s multi store Retail solution covering sales, inventory, purchase and accounting was implemented following collaborative project management approach

  • Merchandise
  • Sales
  • Customer
  • Purchase
  • Stores
  • Supply Chain/Inventory
  • Accounting
  • Admin/Security
  • Reports

The following are some salient points about the solution and its implementation:

  • The solution was deployed in Hybrid Cloud mode with both local and cloud connectivity. This helps in performance as well as business continuity
  • Posibolt team worked closely with the client in importing product master, pricing information, vendor master , store and user setup etc
  • Promotions, Gift Vouchers and Gift Receipts are the key ingrendients of Retail fashion business and Posibolt was able to succesfully deliver the same
  • Usage of Personal Digital Assistant (PDA) for accurate stock taking and inventory updates
  • Quick and flexible report generation using Generic reports and Performance Dashboards for better and more accurate decision making

Result

The following are some of the outcomes of our solution implementation:

  • Streamlined Operations across multiple stakeholders including front office, back office, management and customer
  • Accurate Stock Valuation, Effective Inventory Management, Improved Sales and Timely Purchase Processes were the priority areas achieved
  • Implemented single brand and multi brand stores with multiple currency support on both sales and purchases
  • Accurate cost calculation of imported items apportioning landed costs to the final cost of the product
  • Highly Scalable and Maintainable Platform which can adapt to the changing needs
  • Better Customer engagement, upselling and cross selling based on purchase patterns

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