An Icelandic sheep that wants to find out more about LS Retail.
One of the advantages of being LS Retail partners is that we have access to materials and information about events that not everybody does. So, we have decided to share with you some information about LS Retail and what it can do for your business.
LS Retail is an independent software company that has worked in the retail industry since 1988. Today, they are the biggest Software developer for retail and hospitality solutions, based on MS Dynamics. The fact that the system is based on MS Dynamics means that integration to other MS products – SharePoint, Excel, Word and Outlook – is fast, simple and secure.
LS Retail provides its users with complete transparency over each process from GL (general ledger) down to a single POS (point of sale) transaction.
One of its many advantages is that everybody in your organization is using a single system, regardless of location or employee access level. This means that you have all the available tools to manage a successful retail operation directly from your HQ. The system is built on MS Stack, the foundation layer being the operating system and data structure solutions from MS. On top of that layer, you can find the business layer, which represents a standard ERP functionality (financial management, sales & marketing, purchasing, etc.).
This graph illustrates the architecture behind the LS Retail system.
At head office level you essentially run your business on day-to-day basis. Product management, for example, allows you to control what products each one of your stores sell, based on the purchasing behavior and interests of customers who tend to shop from that store.
You can tailor different sales commissions for each store, based on how well it is doing in selling certain items.
You have an item that is not being appreciated enough by your customers? Sales Commission allows you to give your employees an incentive by offering higher commission once they manage to sell that item.
You want to know how much staff each store is going to need at certain periods during the day or week? Business Intelligence allows you to access detailed information on when your store is likely to be busier. With Staff Management you can tailor a schedule that removes the “understaffed” or “overstaffed” arguments out of the equation.
The Replenishment feature provides you with insights as to how much stock each store needs. This way you can distribute your stock, according to local purchasing intensity.
Price & Offer Management, Campaign Management, Inventory Optimization, and many other features allow you to stay on top of your business and enhance its profitability.
At back office level, each user has access to information, tailored to their specific role within your organization.
The front office level is the face of your organization because this is where you enter into direct contact with your customers. With the Omni Channel solution LS Retail offer retailers different points for communication with their customers.
By adding mobile loyalty and e-commerce to your business you allow shoppers to not only purchase from your store but to have access to personalized offers, coupons and notifications. Because you have access to your customers’ purchasing history, your store can target specific customer groups or even specific individuals with offers that are more likely to result in effective engagement and purchasing.
LS Mobile allows the customer to browse through your full range of items, regardless of how they access that information – phone, tablet, personal computer, or even POS terminal. They gain access to detailed information on an item – like pictures and item availability in nearest stores, for instance. LS Mobile solutions allow retailers to engage with their customers in a unique and personalized way.
Member Management allows retailers to maintain their customers’ loyalty by offering their customers offers, based on their specific interests and shopping behavior.
You have internet connection troubles in one of your stores? LS Retail has got you covered. The Standalone Store setup allows the flawless operation of stores even in offline mode. Imagine you drive a car through the mountains and you lose your connection. The minute the system detects that connection is possible it transfers data to and from the head office so that everything is up to date.
If you want to use a single system (take a look at picture below) that reduces costs, provides you with full control over your business, prevents you from losing sales opportunities, and turns consumer behavior from mystery to a measurable graph, LS Retail is the solution we believe your business needs.
All in one! HQ –> Country/Region –> Stores –> POS – single solution for complex business operations.
If you think your business can benefit from having such system implemented, do not hesitate to contact us by filling out our Contact Form below, following our Facebook page, visiting our website, dropping us an e-mail, or by giving us a call.
We are here to help your business!
All the best,
NavTech Group
NavTech Group 