The retail industry being the biggest industry in India and that which contributes to 10% of the GDP is also one of the most vibrant, rapidly changing and swiftly growing industries. With the advent of Foreign Direct Investment (FDI) notwithstanding, aggressive competition, retail space, thin margins and a dynamic market are the major challenges faced by the retail sector today.
How Rave Maxpro can help
A good IT solution that has imbibed cross-functional knowledge using state of the art technology and is fully process driven is ideal to help retail sector overcome the challenges faced. Rave Maxpro offers customized e-retailing services that develop and promote your online store. We strive at combining best practices drawn from vast experience, gained through partnering clients in similar engagements, with standard processes, to ensure that a broad level of business requirements are fulfilled.
Rave Maxpro’s Three-Phased Approach
- Our first phase integrates versatile review and scope; in major it includes Business Analytical Study, System Analysis and Research, Scope of a Project and Solution Architecture Assessment.
- The mid phase link up the vital step in the development of the project. In which the requirement of the project is customized and is implemented with a prominent technical aspect.
- The final phase concludes its fulfillment by maintaining the traffic building of the project and by keeping up the store maintenance.
Road map towards a successful e-retail store
- Systematic Policy: our systematic policy widely comprises the study of business assessment upon each case.
- Store Structural design: The blue print and the set-up of the store is distinctly customized as per the necessity and need
- Product catalog web page: The products presented on the catalog are framed in a deliberated pattern.
- E-Commerce Enabled: The E-commerce broadly incorporates with order management system and numerous gateways.
- Build Traffic on website: Web marketing is practiced under leading methodical tactics to build up an effective traffic on site.
- Web-store maintenance: We insure to manage the entire maintenance of e-Retail store in wide.
- Deliberated Analytical Thinking: We take conscious analysis to construct a precise strategy to enhance our customer experience with us.
A wide range of IT solutions to retail
- Order Management System (OMS)
Automation of processes like order capturing, processing and fulfillment. Marking the start of the supply chain, a robust application will ensure a multitude of orders to be placed across multiple distribution centers. Some salient features of this are
- Product specific data
- Inventory & Sourcing
- Vendor level data; purchasing, receiving
- Marketing & promotions
- Customers & prospects
- Service including returns, refunds
- Financial processing (Billing, payments, credit card processing etc)
- Order processing (selection, picking, packaging, shipping etc)
- Data Analysis
- Vendor Management System (VMS)
A dashboard for vendors to manage product inventories, orders, fulfillment and more, all at one place. Benefits in using a VMS include
- Smooth handling of requisition approval workflow
- Bill rate standardization
- Consolidated invoicing
- Better security and asset management
- Effective vendor metrics
- Reduction in contingency labor spends
- Content Management System (CMS)
Content is always the king for an e-store. Maintenance of content from a central interface and a comprehensive setup allowing publishing, managing and editing content is carried out in an efficient manner. A collaborative platform for user engagement and informative articles along with product marketing are done here. Specializations include Wordpress, Drupal and Jhoomla.
Key Benefits
- Automated and personalized customer experience to increase order value and customer loyalty.
- Easy pick-and-choose of products for customers along with arena to include promotional offerings like coupons, gifts etc
- Reduce operating costs and improve efficiency of administration.
- Increase customer satisfaction and loyalty
