LS Central Unified Retail System by Functions
Point of Sales (POS)
Speedy and error-free processing with online benefits at all times
The Point of sale system can be used with both keyboard and touch screen equipment and offers features that make sales transactions easy to set up, manage and process for any retail business. The POS sets new standards for speed, ease-of-use and error-free processing of retail sales. It is a fast, dependable and powerful POS application with a graphic user interface, working online, or offline for optimal resilience with the online benefits in place at all times.
LS Central Unified Retail System 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. The InStore Management functionality is also replicated at the Head Office allowing decisions to be executed without delay.
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 InStore Management functions use 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
InStore Management functions change the way stores operate. It allows the control of operations through radio frequency (RF) technology, which was developed as a result of years of close collaboration with leading retailers. It supports an advanced complex retail framework for variant collection. This functionality allows the user to create a unit that includes a number of variants (collection) and use it in all stock transactions, purchasing and selling to reference, to the collection of variants behind it.
Loyalty, Offers and Coupons
The Member Management functionality includes Loyalty, Offers and Coupons. It makes it easy for organizations to collect powerful information about the customers, collect sales data while benefiting from their previous purchases, for instance within club-schemes. If the customer benefits enough by joining a well-defined club, retailers that offer the member management functionality will collect important data about the behaviour and interests of the customer and target the customer in the most effective way.
Effective Sales and Price Management
LS Central Unified Retail System offers several tools for effective sales and price management. The pricing mechanism is built on the price structure of Microsoft Dynamics 365 Business Central. Items can have multiple prices that are valid on different dates or periods, or on different tender types. Different stores, customers or both can enjoy different prices, and these are just a few of the options available
LS Central includes merchandising and replenishment functionality to support retail managers in the efficient management of their retail business. Size, colour 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 the store, store groups and store type profiles to calculate the optimum stock replenishment
Optimum stock replenishment
Size, colour 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 the store, store groups and store type profiles to calculate the optimum stock replenishment.
Full control over the distribution of stock
Each stock profile 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.
Fast Performance and High Return on Investment
The Allocation Plan functionality is a powerful tool to prepare a season, pre-plan purchasing and how to distribute retail items. It supports the buyer in:
- Planning the buying process
- Allocating planned quantity
- Allocating to stores and customers
- Planning buffer quantity
Two different methods are used for allocation. The first is Distribute, which is a top-down method where the total quantity is decided and calculated down to each store. The second is Defined, where the user defines pattern quantities for each distribution group, for instance size and color combinations. Allocation Plan can then create Purchase, Transfer and Sales Orders according to the plan. Buyer’s Push and Cross Docking support the same user interface and process as the Allocation Plan.
Customize your products
With the Special Order functionality, 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.
Improve the in-store experience
Equip the sales associate with a mobile POS, providing personalized customer service when assisting on the shop floor. View customer offers, coupons, interests, shopping history along with item details and availability and close the sale on the spot without having to go to the cash register.
Boost loyalty with customer-centric retailing
The Mobile Loyalty solution integrates directly with the Member Management feature in LS Central Unified Retail System. It allows the customers to view their loyalty points’ balance as well as to see offers, coupons and notifications pertaining specifically to their registered profile information in the system. To complement the Member Management integration the Mobile Loyalty solution also contains a host of other features such as:
- Browsing the item catalogue or locating an item through barcode scanning.
- Viewing a selected item, seeing all details and images as well as the inventory level and where the item is in stock.
- Finding stores through a store locator and getting driving or walking directions to the selected store.
- Creating and maintaining shopping lists.
- Viewing previous transactions, with an option to search for individual previously purchased items
Your customer chooses the touch-point
Enable multiple touch-point interaction with the customer through our suite of mobile applications. Add mobility and e-Commerce to the traditional brick-and-mortar retailing, allowing customers to approach the retailer through their chosen touch-point.
Inventory processes go mobile
The Mobile Inventory is a highly adaptable solution where the functionality of the mobile application is controlled by Dynamics 365 Business Central. The LS Central Mobile Inventory application is fully configured in LS Central Unified Retail System. At startup the application gets its setup configuration from the Microsoft Dynamics 365 Business Central web service. This includes the layouts, images and menus available to the user, as well as data about the terminal, store and staff. This data along with customer, vendor and item information is stored locally on the device. The functionality include, among others:
- Lookup (online)
- Item, customer, vendor
- Worksheets (online and offline)
- Stock management
- Documents (online and offline)
- Receiving, Picking
Business Intelligence Solution
LS Central BI is a Business Intelligence Solution specifically designed for LS Central. Easy installation – up and running in a day
LS Retail BI provides multitude of reporting possibilities in the main areas of Microsoft Dynamics 365 Business Central, such as inventory, purchasing, accounts receivable, accounts payable and finance. You can monitor days of supply to prevent stock-outs as well as your inventory turnover. You can analyse the cost in your P/L, evaluate your accounts payable and receivable processes. With the LS Sales measurement you can analyze and report on a multitude of measures and dimensions specific to LS Central. LS Central BI is based on the Microsoft BI framework and uses Microsoft Excel as its presentation layer which minimizes end-user training. No longer do you have to wait weeks and months for your reports so your return on investment is instantaneous.
Analyze your Sales
Do you know what your most profitable products are? Do you know who your most valuable customers are? With LS Central BI you can do ad-hoc reporting, spot behaviour, analyze seasonal effects, compare year over year results, you can even analyze all your sales down to 15-minute intervals for all your stores and POSs. LS Sales provides unsurpassed possibilities in terms of sales analysis, including basket analysis.
Analyze your Finance
Allows for detailed analysis of your P/L and Balance sheet. Currency, Company and time dimensions provide additional possibilities. Compare actuals with budget YTD and make sure that you don’t have any uncertainties or unexplained variances.
Analyze your Purchasing
Analyze your buying patterns with your vendors and use the information to negotiate better terms or change purchase strategies. You can report on multiple companies and perform analysis based on the Microsoft Dynamics 365 Business Central global dimensions. There´s a lot of improved performance and bottom-line result that can be attained on the buy-side, so make sure you have the tools to do that.
Analyze your Accounts Receivable
What is your current receivables balance? How is that divided into time buckets? Are your collection processes working? By analyzing aging on overdue invoices you can measure and intercept if you don’t like what you’re seeing. Analyze your receivables by companies, customers, salespersons, over time and use the Dynamics 365 Business Central Global Dimensions to create additional possibilities in analyzing your data.
Track your Accounts Payable
With accounts payable, you can track your payable balance over time and you can see your payable turnover in the number of days. How big a percentage of your payable is paid before the due date? Are your payable processes working efficiently? Which of your vendors have a reason to be happy and which ones don’t? Track your average days outstanding to make sure you’re not paying unnecessary late fees.
Measure your Inventory
Measure your inventory turnover, pr. company, pr. location, pr. product group, over time and thus give yourself the chance to make improvements and save money on the buy-side. Track your stock value and quantity on a daily basis and monitor inventory levels to prevent stock-outs.