This fully integrated solution delivers the breadth and depth of functionality demanded by retailers large and small, without the need to build, manage and maintain multiple applications and costly interfaces. Its unique use of a single application to cover store to headquarters; the Point of Sale (POS) terminals, store systems, inventory, merchandising and all the back office functions required at head office, sets LS Retail apart from all other solutions in the market.
Why Dynamics NAV - Simple, Smart, Innovative
Microsoft Dynamics NAV, the business management solution with more than one million users worldwide, sets the global standard for functionality, international scope, adaptability and ease of use. With availability in more than 42 country versions, since 1984 Microsoft Dynamics NAV has established itself as the choice for businesses and organizations looking for a complete business management solution that is fast to implement, easy to configure, simple to use and affordable.
Why LS Retail - Retail depth and expertise
Since 1988, LS Retail has been singularly focused on providing solutions to meet the needs of the demanding retail environment on the Microsoft Dynamics platform. The LS Retail solution has been translated into 33 languages and is distributed through a global partner network of more than 120 certified partners in over 60 countries. With over 1.700 companies, 33,000 stores and over 70,000 POS terminals, LS Retail is the global leader in retail solutions for Microsoft Dynamics.
Powerful integrated Retail Solution
LS Retail is built on Microsoft Dynamics NAV; therefore, the POS, back office and head office all use the same application. This makes it possible to track individual transactions from the POS to the General Ledger, which maximizes your business value. This also means that users have access to other parts of the Microsoft Dynamics NAV application, such as Finance, Sales and Marketing, Warehousing and Service. Because of the integration between LS Retail and Microsoft Dynamics NAV, users need only become familiar with one interface and the same logic applies to usage at all levels.
Analysis and Reporting
LS Retail provides reliable, real-time insight into critical aspects of your business, such as: Comparison of stores; breakdown of sales according to time-periods; single employee or staff comparisons; POS terminal comparison or simply POS terminals - with drill-downs over different periods. User-defined alerts ensure that the management can act quickly and effectively, when required.
LS Retail offers a number of options when it comes to viewing and analyzing sales data. The sales history window gives you an overview over long term sales data. This window is based on posted sales data - usually referred to as Value Entries. Here you can view how your stores have been performing for past periods. You can easily view different periods by clicking the buttons at the bottom of the window. You can also view sales for predefined periods, such as over Christmas and on national holidays
In addition to the built in Reporting and Analyzing Tools, LS Retail integrates to standard Microsoft BI technology such as Microsoft Office, Excel, Microsoft SharePoint, Microsoft SQL Reporting technology in Microsoft SQL Server Reporting Services - all of which makes it possible for the users to get more out of the data in their Microsoft Dynamics NAV solution.
LS Retail also integrates to market-leading Business Intelligence solutions for more complex analysis and scorecard reporting.
LS Retail InStore Management
LS Retail includes powerful back office functionality both in the store and at the head office. It gives the store manager total control of activities within the store and manages the replication of data between the POS terminals, back office and head office. InStore Systems functions are also replicated at the Head Office allowing decisions to be executed without delay. These include:
Price Management - multiple sales and tender types, discounting aginst product or item groups, Multibuy, Mix and Match, Buy One - Get one Free and individual or group level Customer Item discounts.
Inventory Management - transfers, adjustments and write-offs, discrepancy management and stock takes via the till or handheld computer.
Staff Management - a full suite of functions to manage allocations, timetabling and time and attendance capture.
Remote Purchasing - allows stores to manage their own purchase as an alternitive to centralized purchasing functions.
If you would like to time your inventory flow so that you always have fresh merchandise and a healthy turnover rate, the InStore system provides your company with the tools to effectively streamline inventory control.
The LS Retail InStore Management system uses worksheets to specify the work processes by configuration. The user-friendly worksheet layouts all have a similar look to simplify organizing the many different processes. Worksheets automatically fill out transactions, which minimizes time-consuming manual data entries by the user, and guarantees that all entries are correct.
LS Retail Member Management
LS Retail Membership Management system includes Loyalty, Offers and Coupons. It makes it easy for organizations to collect powerful information about the customers, collect sales data while benefitting from their previous purchases, for instance within club-schemes. If the customer benefits enough by joining a well-defined club, retailers that offer the membership management system will collect important data about the behavior and interests of the customer and target the customer in the most effective way.
LS Retail Replenishment
LS Retail includes merchandising and replenishment functionality to support retail managers in the efficient management of their retail business. Size, color and style data (where applicable) on individual items, product groups or item categories is used to create Stock profiles. This is combined in a simple matrix with store, store groups and store type profiles to calculate the optimum stock replenishment.
Each profile also includes a description of where the items should be delivered from and then a stock transfer request is passed to the distribution centre or data is passed to the purchase order processing modules for ordering from a supplier.
The buyer uses a replenishment worksheet which calculates the demand based on a number of selectable criteria and date ranges.
Open to Buy - The Open-to-Buy module allows the retailer to control the capital invested in products during the sales cycle. It allows the retailer to plan purchases and make sure that they match the demand for each period, and at the same time make sure that the money invested in stock is within set limits.
Customer Service - Powerful inventory planning and management features help you deliver customer services excellence without committing valuable cash space and logistics resources to unnecessarily high stock levels.
Vendor Performance - The buyer has a good overview of how the vendor is performing by monitoring his profitability, purchase order fulfillment, discrepancy in receiving quantity and/or quality of goods and invoicing discrepancy. This data can be an important tool for buyers to use when entering vendor negotiations.
Purchase order Processing
The Microsoft Dynamics NAV Purchasing module provides retailers with everything they would expect from one of the worlds leading business applications including requisition management, returns management and drop-shipping functionality essential to any retailer dealing with direct delivery of big-ticket items.
With LS Retail Special Orders, customers can order customized items based on their own preference such as sofas with different types of upholstery, clothing garments, computers, electronics, prescription glasses, and many more. Special ordering is not limited to items that need to be customized; it can be used for all items on file.
The orders can be taken either at the POS or via a sales order in the central database. Items can be sourced from different locations and warehouses. Some items can be sourced from the store itself, other from the warehouse or directly from the vendor.
Shipping is flexible as well. Customers can choose to have the goods delivered directly to their home or pick them up either at the store or warehouse. The system can be configured to ask for a pre- payment when making a special order, which can differ between different kinds of products.
Reviews of LS Retail NAV Write a Review
Pradeep from Hameedia Stores (Pvt) Ltd says...
There are some issues data replication. Kindly give us error msg ID with solution. Some IDs are not in your error help menu
The good: Provide, version update from the starting say Version 1.0………….3………etc. Please provide features in the each version. and compatible
The bad: Arrange data replication errors pop-up messages