With the global apparel market amounting to some $1.2 trillion per year and per capita spending averaging $1,500 in the U.S. and Europe, there are massive opportunities for retailers. But there are also massive and emerging challenges. New technologies like the mobile phone have put brand-savvy consumers in the driver seat, leaving retailers scrambling to maintain a consistent, rewarding, responsive and reliable customer brand experience.
Coupled with a competitive landscape, long manufacturing lead times, bi-annual buying cycles, complex size, color and style forecasting, omni-channel consumer expectations, in-store stock availability and customer service challenges, it goes without saying that fashion retailers must be flexible and adaptable in order to thrive.
To succeed in retail, you must deliver exceptional service, while simultaneously boosting efficiency and increasing sales. Technology can help. See how.
LS Fashion’s omni-channel options give customers the flexibility to browse within the store, then purchase online and vice versa. They can also choose whether to pick up or have their products shipped.
Staff members armed with mobile POS devices can process payments and assist shoppers with selecting sizes, styles and availability, as well as placing orders online if an item is unavailable in-store.
With LS Retail’s cutting-edge technology, you can make your fashion retail business more competitive through a cost-effective POS and fully integrated back office system.
Based on Microsoft Dynamics NAV, LS Fashion is an all-in-one complete solution which integrates the entire business from POS operation to accounting and inventory management. LS Fashion can help you manage the complexities of fashion retail with easy-to-use, lightning fast technologies.
Incorporating predictive analytic tools, LS Fashion helps retailers improve demand forecast accuracy and suggest better allocation and replenishment strategies.
By facilitating rapid, scan-based receiving, putaway and inventory counts, retailers experience improved accuracy on the store floor and decreased time spent with order processing.
If a customer can’t find what he or she wants on your website or at your store, you will lose your sale to a competitor.
LS Fashion eliminates this risk with powerful inventory management capabilities that allow retailers to keep tabs on their stock in real time, and receive sales-data analysis so they can make more informed inventory purchase
Increase revenue and reduce operating costs by eliminating inconsistencies caused by unreliable financial data.
Manage risks and get complete control with one comprehensive solution.
Combine the online and offline shopping experience and master the omni-channel fashion retailing environment.
Enhance POS terminal flexibility and agility through an open, easily customizable application.
Extend the POS terminal from a simple sales device to a useful sales assistant’s tool with up-to-date inventory, store and location data.
Ensure real time data lookup for critical transactions, including loyalty discounts, gift cards, returns and refunds.
Discover the key features you should look for in a retail POS, and make sure you select a software that will be there for you, today and tomorrow.
See how LS Retail Software Solutions helped adidas
In retail there are constantly new trends to study and watch out for, including omni-channel strategy. Having the customer at the center of your retail business is vital for success. LS Retail can easily support your growth strategy, help meet demands and deliver results.
Read customer success story
Receive detailed information from customer sales and find the right product mix to meet sales goals and maximize revenue.
Reduce latency by up to 50% by updating store data in a centralized database with reporting access.
Loyalty programEasy access to customers anywhere through mobile applications and a web portal.
Allow merchandisers to stay informed as to what is available and what they need to buy.
Return on investment is approximately 30% higher than on other platforms.
Up to 60% reduction in time spent managing warehouse processes.
Streamline operations with head office control over store pricing.
Support rapid growth across channels, geographical areas, brands and suppliers while maintaining a low cost of ownership.
Benefit from extensive automation capabilities to improve work and sales processes.
Cut end-of-month processes from one week to one day.
Even if retailers have been talking about investing in omni-channel for over a decade, many still lack basic omni-channel capabilities. For example, only 5 percent of retailers can successfully ...
When online wedding gift registry business Zola confirmed a new partnership with US home retailer Crate and Barrel to sell their products through its website, a few eyebrows were raised over this ...
The modern consumer places huge value on convenience. A recent report by the National Retail Federation found that 97% of consumers have backed out of a purchase just because it was ...