IMPLEMENTING GINESYS TO BUILD SCALE ON RETAIL at VMART COMPANY : V MART SOLUTIONS : GINESYS SCM PRODUCT : POS, RETAIL & MANUFACTURING VERTICAL V : FMCG Mart is a multi-branded family store that works on the "Value for money" retail concept thus providing the masses with the best quality at cheaper price. V mart is in operations since 2004 and operates 70 stores in 25 cities across the country with larger part in the North and West India. It operates a chain of mid-size hypermarket value retail stores ranging from 6000-12000 sq ft. Its specific focus is on Tier II/ III cities. It covers 250,000 sq. ft. retail space. It plans to open stores ranging from 8,000-12,000 sq. ft. The company recently launched V Galz stores, a fashion studio for ladies garments and accessories. V Galz aims to cater to fashion conscious new generation by offering them western wear at affordable prices. Their strength in design has been recognized repeatedly with D'damas designers having won a number of design awards.V Mart Retail caters to the middle and lower-middle segments of the society. w w w . g i n e s y s . i n “Maintaining high standards in quality and design, V Mart stores have come to offer fine fashion garments at down-to-earth prices and have emerged as the destination of choice for bargainhunters and the fashionable alike.” Mr Lalit Agarwal, the MD of V-Mart Retail Ltd. believes that GINESYS is the best solution provider when it comes to organized Retail Industry. He feels that GINESYS has been the significantly helpful in making the growth possible for their retail business, providing end-to-end solutions right from the scratch level. Today VMart has stretched across length and breadth of the country with 52 stores running successfully with efficient networking that is made possible by GINESYS. “GINESYS fulfills the entire business requirements at my fingertips: right from sourcing requirements, making payments to vendors, understanding of the requirements in supply chain, maintaining the customer database, and last but not the least managing the accounts by using the complete ERP Solution.” KEY CHALLENGE As it was a newly opened store and they have selected GINESYS as for running the show, the major challenge was the successful implementation of GINESYS. We have decided to implement in phase. The first phase involved blueprinting existing processes and mapping them to the desired state. In this phase, the entire project team worked on current processes within the structure of the organization, analyzed and drafted them. This blueprint was later used in the formation of new states of the solution. In the next phase we have mapped the process with GINESYS by doing some BPR(Business process reengineering) and started the piloting. After a successful parallel run we made the project live. Now it is almost five years the successfully running live in 28 Stores all over the country. w w w . g i n e s y s . i n FIXING SEAMLESS SOLUTION Store operations have never been as important to retailers as they are now. Successful retailers are those who know that the battle for customers is only won at the frontline, which in the case of a retail chain is at its stores. V mart was having a plan of opening stores in the metros and there was an urgent need for a reliable enterprise wide application to help run its business effectively. The company was looking for a solution that would bring all of its businesses and processes together. After a comprehensive evaluation of different options and software companies, the management at V Mart decided to go in for GINESYS. Right form inception now the total V Mart business operation is on GINESYS. ROI to V mart Inculcate Process Excellence Huge Cost Savings by successful implementation of GINESYS Emerged as High quality & cost effective solution as strategic direction for V Mart Better control on Sales and stock Consolidated Branch information at TIPs ROI to Ginni Systems As a result of the successful implementation, from a solution provider GSL became the IT Partner of V Mart. Now management of V-Mart has decided to implement GINESYS in its upcoming 50 stores. Upcoming projects at V Mart After the successful implementation of GINESYS for its retail business, Vmart plans to go ahead with IT projects like Merchandise Assorted planning and CRP (Centralized Replenishment Planning). GSL is now developing a tool for calculating OTB (Open to buy) for apparel section based on sales trend and sales forecasting and min-max level .We are also considering the Industry standard while designing the tool. With this tool V Mart will able to do the planning well in advance. w w w . g i n e s y s . i n
© Copyright 2024