In an era where the retail and distribution industry stands at the crossroads of unprecedented challenges and tantalizing opportunities, the implementation of Enterprise Resource Planning (ERP) systems has emerged as both a shield against vulnerabilities and a vehicle for futuristic progress. This dynamic sector, often characterized by its volatile market conditions, complex supply chains, and ever-evolving consumer preferences, finds itself in a perpetual struggle to adapt and thrive. To address these challenges and embrace the possibilities of tomorrow, retailers and distributors are increasingly turning to ERP solutions as their guiding compass. This technology not only shores up vulnerabilities but also propels businesses toward a future where data-driven agility, seamless operations, and customer-centric excellence reign supreme. The significance of Gateway ERP in the retail and distribution industry is not merely pragmatic; it is a catalyst for transformation and sustainable growth, reshaping the very DNA of commerce as we know it.
In the fast-paced world of retail and distribution, where every moment counts and margins are razor-thin, GatewayERP’s innovative Business Process Management (BPM) emerges as the linchpin for elevating operations to unprecedented heights. From trading and financial transactions to the intricate dance of human resources, BPM infiltrates the very fabric of these industries, orchestrating a symphony of efficiency and precision. At its core, BPM serves as a guardian angel, simplifying complex processes, slashing unnecessary steps, and infusing operations with an elixir of accuracy and repeatability. Yet, its value proposition extends far beyond streamlining; BPM is a sentinel of operational discipline, a visionary guide in charting functional flows, and a maestro of data visualization. But perhaps, its most compelling attribute lies in its ability to catalyze decision-making, offering real-time insights to empower strategic choices. The principles of BPM, when woven into the intricate tapestry of retail and distribution, wield the tools for transformation, making the impossible seem not only possible but also remarkably efficient.
Products to be inducted precisely to easily transact, analyse, track and monitor in real time
Product code, bar code, name, alternative name, multi language name for printing
Multi unit of measurement with bar codes to sell in various buldles and packages
Type, Department, Brand, Category, Sub Category
Real time stock level monitoring provides high availability of products
Procure process from Vendor wise product listing with details of stock & prices.
Purchase order created from process, request or direct with price support.
Order followed up till it has been converted to GRN on delivery.
Covert GRN to purchase invoice for accounting or direct as per delivered directly by vendors.
Generate bar code for all items purchased in case product is not having code
Acceptance of goods as receipt on PO or directly as per delivery.
Import procedure to derive landed cost of material and RCM used as per FTA.
Every Purchase order can be followed up in the system in order to get the delivery as well as documents.
Quality rejections, damages or any return as per GRN or Invoice routed through return forms and accounting with VAT taking care.
Purchase order process for local purchase with VAT complaint procedures including deriving cost per unit.
Procedure to check changes in purchase price and selling price either through management or at the counter with notional price.
Daily basis random sample stock audit in order to understand the physical stock as well as system stock.
Stock level has to be maintained in store as well as in the shelves. Valuation of stock at real time. Stock audit regular random basis.
Procedure to check changes in purchase price and selling price either through management or at the counter with notional price.
Floor, rack, bins are mapped properly in the display area as well in the store. This will lead to proper control, easy to pickup and audit.
Movement of inventory to one location to another and inter branch if required. Grade, organize non moving, slow moving items.
Financial transactions routed through approval system and internal audit methods.
Post dated cheque management, EMI management, Aging management routed thourgh auto posting methods
Periodical closing is procedure in Gateway ERP in order to publish financials to management and tax returns and external auditing
Inter branch financial and material transactions automated inter branch entries, which avoids reconciliation process in traditional branch accounting.
Real time dash board for financial follow up like collection, PDCs, Outstanding, Revenue & Expenditure anlysis
Financial reporting (Balance sheet, Profit & loss, Cash flow, Budgeting) including schedules
Induct an employee with full details. Categorize as per designation, department, pay roll category, grade etc.
Create all documents to be used. Attach docs in the same master
Additions and deductions from other department to be included in pay roll
Facility available : Time sheet as per project Man hours recorded through Web App Present and absent marked Confirm the attendance and / or time to process pay roll.
Pay roll processed in one click as per the previous details confirmation.
Confirmed pay roll will be posted for accounting Payment is done through system
Monthly posting of terminal benefits as per the matrix set in system .Real time benefits calculations .Accounting and retrieval of terminal benefits for payment
Accounting and retrieval of terminal benefits for payment
In case of appraisal of employee in terms of designation or monthly benefits will be routed through this process with approval facility
Anlyse employee cost, document expiry for renewal process, time management, leave management , Terminal benefit analysis, schedule for financials