Retail and Distribution
OmegaCube ERP for Retail and Distribution offers powerful capabilities to efficiently manage shipping & logistics, inventory levels & movement between multiple warehouses, reduce stock-outs, monitoring supply chain etc. Also, take quick decisions based on sales trends, achieve high fulfillment ratios and improve overall sales.
Key Benefits to Retail and Distribution Enterprises
- Make it easier for customers to work with you by providing them accurate information in a timely manner.
- Speed up business cycles, cut down EDI processing & dynamic planning times by over 50%.
- Eliminate overheads, delays and save huge revenue with real-time Inventory Management.
- Perform point of sales transaction with integrated POS application.
- Manage inventory movement between warehouses with centralized Warehouse Management system.
- Quickly trace materials, products using barcode and RFID tracking technology.
Top Functional Areas in OmegaCube ERP for Retail and Distribution Enterprises
Pricing Management
- Automatic pricing by line items according to pricing rules with ability to edit.
- Recalculate prices of related product groups if predefined threshold is met.
- Setup multiple pricing structures, promotions and discount structures.
- Setup pricing rules for configuration options based on price definition tables, look-up tables and calculated values.
- Setup discount schedules based on each option, customer types, dealers etc.
- Setup rules to override system computed prices and discounts.
Point of Sale (POS)
- Perform point of sales transaction with integrated POS application.
- Process credit cards on POS terminal.
- Perform daily drawer reconciliation.
- Automatically update inventory statuses and post accounting transactions.
- Receive deposits on on-account orders in POS terminal.
- Generate pick list for warehouse from POS.
Inventory Management
- Get real-time visibility into inventory levels for quick order fulfillment.
- Maintain a master list of inventory locations to include shipping, receiving, quality hold, warehouse, work center and vendor locations.
- Use barcodes to move inventory, picking, receiving and shipping processes.
- Manage customer and vendor consignments and track inventory counts at each of these locations.
- Automate invoice generation when consignments are used. Send electronic generated inventory reports for customers and vendors.
- Perform inventory counting using cycle count or full inventory methods.
Sales Management
- Multiple order type processing – field service, stock orders, job orders, repair orders, blankets and order releases.
- Multiple sales reps per order and commissions processing.
- Build detailed estimates that includes operation costs, material costs, outside services etc.
- Generate invoices automatically or by user request.
- Define invoicing rules according to customer preference – one per order or shipment.
Shipping Automation
- Two way interface to UPS, Fedex, USPS and Starship to send address and weight information and get shipping charges, actual weight and tracking numbers.
- Configurable pick-list processing with fulfillment processes to fit your needs.
- Schedule drivers and decide shipping routes.
- Implement One-click invoicing process & print customer-specific labels.
- Send tracking information to customers.
- Generate material certifications, Bill of Lading and relevant shipping documentation.
Vendor and Purchase Management
- Gain insights from comprehensive metrics on supplier performance.
- Review supplier quality, on-time performance by various parameters like item numbers, item type & vendor.
- Publish performance and dashboard data to users based on roles.
- Create and maintain purchase order including blankets, and outside assembly purchases.
- Create POS or blanket releases from MRP.
- Apply correct pricing from pricing files or last purchase data.
- Automate workflow by using approvals based on roles and spending limits.
Warehouse Management
- Maintain a master list of inventory locations to include shipping, receiving, quality hold, warehouse, work center and vendor locations.
- Maintain record of warehouses and link them to inventory locations, orders etc.
- Rank warehouses based on preference, proximity, regional zones etc.
- Transfer inventory from one location to another using mobile and tablet devices.
- Schedule inventory pick-up, put-aways, consignment in real-time.
- Access job planning and its progress through a single-click for improved customer service.
Customer & Dealer Portal
- Allow customers to securely login, search items and place orders.
- Customer portals provide self-service capabilities to let your customers track order status, shipment and order history.
- Sales-rep portal helps sales-force track their sales territories.
Enterprise solution for every industry
Our deep understanding of each industry segment coupled with our immense experience of working with them enables us to deliver world-class enterprise solutions to meet their unique requirements.
Our Customers are Our Purpose and Our Strength
People expect that an ERP system will allow them to run their business exactly how they want to, but more often than not, the ERP system is the glove and you’re the hand that has to squeeze into it.
Not so with OmegaCube. They helped us meet our vision rather than requiring us to formulate our processes around their solution.
Jeff Adams
President Laser Precision, LLC
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There were competitors who weren’t as flexible as OmegaCube. OmegaCube assured us that they can do whatever we want them to do and they can adjust to fit our organization and not the other way around. They provided us insights into what they did for other customers and we saw what work they have done for them. This was, eventually, the final selling point for us.”
Jonathan Bishop
CFO, Power Brace Manufacturing
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This was March 2020 and then COVID-19 hit. If we were still using the old FoxPro system and the manual way of operating, I don’t think we could have had everybody go home and work remotely.
With OmegaCube ERP, we were able to work remotely and still operate during the pandemic. Even though we just completed setting up our initial ERP system, our employees were able to run with it while working remotely and that ended up working out great. The system operated efficiently for sales, engineering, and purchasing.
I don’t think we could have done that with the old FoxPro system as we did with OmegaCube ERP. So the timing of implementing OmegaCube ERP was perfect.
Dan Widdel
Vice President, Lakeside Equipment Corporation
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