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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

More Related Content

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