Currents Retail is a large Apple reseller in India with plans to expand to over 10 stores within a year. They implemented the LS Retail NAV solution from Dynamic Verticals to manage their inventory, sales, finance and supply chain across stores in a centralized manner. The solution improved processes like inventory management and customer satisfaction. It provided the scalability, reporting and data synchronization needed to support the company's growth plans.
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Currents retail
1. CASE STUDY
CURRENTS RETAIL: Successfully retailing
world's most successful products across India
through LS Retail
LS Retail NAV helps Currents Retail establish robust and resilient retail and supply chain set-up for retailing Apple products
Pan India.
PLATINUM PARTNER
2012
www.dynamicverticals.com
2. The Client
Currents Retail is a Premium Reseller of Apple, and is one of the
largest partners of Apple in India. It has 3 stores across India
currently, located at Chennai, Amritsar and Ludhiana, with plans
to scale up to over 10 stores within a year
The company's stores offer single-window solutions for
Customers needs using Apple products, a wide range of
Accessories as well as a portfolio of Services.
Why the LS Retail Journey
With rapid expansion plans in sight, the company identified the need for a flexible
business solution to integrate all its stores and processes with a strong emphasis on
customer services. They needed a robust application that can help them scale up
operations seamlessly and in a cost-effective manner.
The Challenge
To support effective and precise operations, the management sought a single solution
with modules for sales, purchase, finance, and inventory so that all retail operations
could be managed centrally. Being a part of a customer driven industry, they were
looking for a solution that could deliver faster and efficient customer service. They
needed a comprehensive solution that could manage the ever increasing complex
business scenarios with minimum staff and maximum efficiency.
Results in Brief
The solution has been implemented successfully at 3 of their store locations at
Chandigarh, Amritsar and Chennai with 2 more coming up in Coimbatore and Cochin by
CETAS. CETAS through its combination of domain and capability on LS Retail has
brought in significant process improvements through:-
l Centralized inventory management
l Scalability in operations
l Enhanced Customer satisfaction
l Supply chain control
l Comprehensive reporting
l Store process monitoring
l Advanced Data Synchronisation
“Being involved in high value product sales, we needed to ensure an efficient stock
movement between stores and advanced replenishment capabilities within the system.
The time lag between an order and its fulfilment can lead to huge opportunity losses and
customer dissatisfaction. LS Retail NAV is the perfect fit for our requirements that Venkatesh
helped us creates supply chain efficiencies and improve profitability and CETAS has done GM Retail Business
a wonderful job in implementing the solution at the pace and quality we expected.” Currents Technology Retail (India) Limited
www.dynamicverticals.com
3. “We were looking for a solution that provided us with a stable platform for our expansion
plans. Our PAN India operations and supplies necessitated the need of a centralized system
with an efficient flow of information between the stores and the HO. Cetas did an excellent Rameshraj
job in implementing LS Retail NAV, a robust system that enabled a smooth and streamlined CEO
control over all operations.” Currents Technology Retail (India) Limited
The Solution
To have an edge over its competitors, Currents Retail looked for the most efficient retail solution available in the market and thus evaluated several products.
However, after analysing the capabilities of each solution, the company shortlisted LS Retail NAV for their organization.
LS Retail NAV with its flexible architecture and rich functionality helped them standardise process flows like internal location transfers, serialize items, back
office control, inventory look up etc. The solution offered them the tools to manage inventory, sales, billing, customer service all under a single roof which was
essential for their Pan India operations and supplies. DVS and its implementation partners Cetas ensured a hassle free implementation of this world class
solution within the stipulated timelines.
Apple as a brand has reached an epitome in most parts of the world and it's sales usually involve such high demand that it needs a robust, scalable system on a
stable platform. It requires an efficient process management which could not only ensure a timely delivery and best-in-class customer service through a quick
turnaround time but also give them valuable data for predicting consumer behaviour.
Seamlessly managing its inventory through an automated updation at its Head Office with every transaction was a key organization requirement. Moreover,
managing bulk supplies with a zero scope of error was again a key business need. All this made it imperative for them to look for a system that could easily be
integrated with its back office and maintain an efficient process flow for the store level operations.
The LS Retail NAV Experience STANDALONE STORE
r REDUCE total cost of ownership Online
r READY for a change in your business and customer behavior Back Office
r INCREASE efficiency
r DYNAMIC systems initiative Offline
Back Office
r ALLOW business transparency
r MAKE up-to-the minute decisions Online Online
r FEWER mistakes POS POS
r OPTIMIZE your purchase HEAD OFFICE
r IMPROVE your merchandising
r INCREASE stability, resilience and speed HEAD OFFICE SYSTEM
STORE
BACK OFFICE SYSTEM
POS PC
www.dynamicverticals.com
4. W HO W E A RE
Dynamic Vertical Solutions (DVS) is a leading provider of end-to-end integrated
and adaptable business management applications, for organizations of various
sizes across various Industry sectors. With international solutions catering to
industries varying from Retail, Hospitality to Real Estate Management,
DVS brings together a portfolio of internationally proven, fully integrated
business solutions.
As an organization we identify focus areas based on thorough research and a
deep understanding of the needs and requirements of the industry.
Consequently we select a portfolio of products based on their referenceability
and long term sustainability, so that our customers need not reinvest in
business applications in the future, thereby allowing them to focus on their
core business using IT as a key facilitator in their growth.
The solutions we provide are based on a Microsoft Dynamics NAV platform
supported through a global partner network that spans across geographies.
Our range of services, categorized under the following heads, are designed to
help organizations scale in size & business, reduce total cost of ownership,
increase efficiency & productivity, improve data integrity, gain better control
and ensure a fast exchange of data to enable quick decision making of the
highest quality.
CONSULTING | TRAINING | IMPLEMENTATION | LOCALIZATION
DEVELOPMENT | OUTSOURCING | INFRASTRUCTURE | ENTERPRISE
Cetas Information Technology offers world class solutions Dynamic Vertical Software Pvt. Ltd.
through a mix of domain expertise, technology skills and project ASIA PACIFIC | EUROPE | MIDDLE EAST | AFRICA | USA
management abilities. It comprises of a dedicated team of
skilled professionals who understand and address the needs of INDIA & SUBCONTINENT
Gurgaon : Paras Twin Towers, Tower B, 5th Floor, Sec-54,
customers on the latest technology platforms. They help DLF Golf Course Road, Haryana-122002
customers redefine (reinvent, re-engineer) their businesses Phone : +91-124-4581000
on a continuous basis by providing innovative solutions using Fax : +91-124-4581026
state-of-the-art technologies, business processes and Bangalore : Level - 9, Raheja Towers MG Road, 560001
professional people who are committed to the cause of Phone : +91-9910993984
customers. Mumbai : 1st Floor, Parinee Crescenzo, C38 & C39,
G Block, Bandra Kurla Complex,
Bandra (East), Mumbai-400051
Phone : +91-22-33040606
"Our Partner’s Commitment and expertise made this Fax : +91-124-4581026
collaboration one that will contribute to the development for
companies like Currents Retail within the Indian retail industry. MIDDLE EAST & AFRICA
Dubai : 301, Alfa Building, Dubai Internet City,
I know we can count on their support for other expanding U.A.E. PO Box 500810
markets that DVS is targeting and we look forward to seeing Phone : +971 (0) 4 363 0373-77
further strength and growth for Currents Retail, with support Fax : +971 (0) 4 427 8680
of this scalable application and dedicated support from our Mobile : +971 (0) 50 1422824
Partner.”
USA
Rakhee Nagpal New Jersey : 12 Roszel Road, Suite B-200,
Managing Director Princeton NJ 08540-6234
Dynamic Vertical Solutions Phone : +1(609) 452-9551
Fax : +1(609) 452-0614
PLATINUM PARTNER
sales@dynamicverticals.com | www.dynamicverticals.com 2012