Top 7 Types of Retail Software
December 30, 2021| by Admin
In today’s objectives, stores (both online ans offline) should do their best to deliver the exceptional customer experience to stay on top. It is vital to manage all the processes effectively as well as automate all possible manual operations. This is where retail software comes in handy.
In this article, we are going to find out which types of retail solutions are in greater demand today.
Types of retail software
Among numerous types of software used in the retail industry, we have chosen the following ones.
ERP systems
Enterprise resource planning (ERP) systems include different modules used to control all sides of retail business. The customer management module improves marketing campaigns by collecting customer data (purchase history, age, gender, etc.). The HR module is utilized for human resources management and internal communication establishment. The supply chain module maintains a balance between orders and warehouses. The product management module classifies products and monitors their life cycle. The financial resource management module deals with cash flows and commercial operations.
CRM systems
Comprehensive customer relationship (CRM) systems provide a single interface for inventory management, sales, marketing, and customer support. Having a powerful CRM solution, you can collect information about your customers and use it to increase sales, improve the market, and effectively grow your business.
eCommerce platforms
eCommerce platforms allow buying and selling goods online, which is extremely demanded during the Covid-19 pandemic. eCommerce platforms unify core business processes so that companies can gain complete visibility and ultimately meet the expectations of their most discerning customers.
Inventory management systems
Inventory management software helps to keep a count of stock levels. The key features of such systems are: sorting products by departments or types, setting thresholds for minimum quantities and alerting when stock levels reach them, automatic synchronization of inventory with orders, automatic billing, reporting, inventory optimization, and sales forecasting. Retail inventory management solutions can be integrated with barcode scanners, RFID, and tracking technologies.
Payment processing apps
This type of software connects stores with banks and payment processing systems. The main functions of such apps are: online payments, credit card processing, custom invoice creation
customer payment records storage, reporting, bank reconciliation, and more.
Point of sale solutions
Retail point of sale (POS) software is deployed in brick-and-mortar stores on such hardware as, for instance, tablets, computers, cash registers, barcode scanners. Such systems allow processing payments locally. Mobile point of sale software usually runs on smartphones and tablets and enables you to move and complete transactions on the go. Desktop POS solutions are installed on computers. Self-service kiosks allow customers to place orders and pay for them without the help of the cashier.
Omnichannel platforms
The number of devices used for purchasing is constantly growing, so omnichannel platforms have become the top priority for online and offline sales. Omnichannel platforms provide synchronization and security across all touchpoints - websites, mobile apps, or real shops.
Conclusion
The future of retail is in the hands of those who are not afraid of adopting new technologies. If you are ready for custom retail software development, follow these five steps: carefully choose a retail software vendor, plan the budget, control the development and testing process, implement the system, and train the staff on how to use it. With high-quality retail software, your business will definitely prosper.
IT industry
November 17, 2008| by Admin
IT outsourcing is an industry that is rapidly changing. Over the past decade it has undergone a radical transformation; first an option reserved for the few - and then - it has now become an almost routine choice for many.
Belarus' strength is based in its mature technical infrastructure and educational system. While Eastern Europe currently accounts for a small share of the global IT outsourcing market, it is already an outsourcing hot spot and a favorite location.
Modern IT companies perform a wide range of solutions and services for all kinds of business. Companies undertake extensive research and analysis of a customer’s environment to develop the right solution. They try to satisfy clients by exceeding their expectations of quality. And then leading companies continue such researches and develop their efforts to increase number of innovative alternatives for their customers. One of such IT companies is BelHard – one of the leading IT holdings in Belarus. Opened in 1994, it has successfully completed more than 500 projects and got a substantial number of loyal corporate customers. Today BelHard offers many types of IT outsourcing services for all kinds of business: web design and development, maintenance and support of Internet applications and offline systems, business analysis and technical consulting. Internet TV software services are provided by the Oxagile team – one of the main web development departments of holding. BelHard deploys various process optimization strategies, keeps its employees updated on all the latest IT developments and trends, and provides advanced training.
Web development takes the first place among all the services. As it is known it can include e-commerce, web content development, web design, client-side/server-side scripting, and web server configuration. Web development, performed by BelHard can range from developing the simplest static single page of plain text to the most complex web-based internet applications, electronic businesses, or social network services.
And one of the most innovative services of the company is IPTV (Internet Protocol Television) – a system where a digital television service is delivered using Internet Protocol over a network infrastructure. So it is possible for TV content instead of being delivered through traditional broadcast and cable formats, to be received by the viewer through the technologies used for computer networks with the help of the specialists of BelHard.
Background on software development process models
April 1, 2008| by Admin
The primary functions of a software development process model are to determine the order of stages involved in software development and evolution and to establish the transition criteria for progressing from one stage to the next. These include completion criteria for the current stage plus choice criteria and entrance criteria for the next stage. Thus a process model addresses the following software project questions:
- What shall we do the next?
- How long shall we continue to do it?
Consequently, a process model differs from a software method in that method's primary focus is on how to navigate through each phase and how to represent phase products.
Why are software development process models important? First, because they provide quidance on the order in wich a project should carry out its major tasks. Many software projects have come to grief because they oursued their various development and evolution stages in the wrong order.
The code-and-fix model - used in the earliest days of software development contained 2 steps:
- Write some code;
- Fix the problem in the code
The order of the steps was to do some coding first and to think about the requirements, design and maintenance later. There are some difficulties here:
- After a number of fixes the code became so poorly structured that subsequent fixes were very expensive. This underscored the need for a design stage prior to coding.
- Even well designed software was such a poor match to user's needs that it was either rejected outright or expensively redeveloped.
- Code was expensive to fix because of poor preparation for testing and modification.
There are a lot of models on software development such as: The stagewise and waterfall models; evolutionary development model; The transform model. But The Spiral Model of the software development is a winner. It has been envolving for several years, based on experience with various refinements to large government software projects. The Spiral Model can accommodate most previous models as special cases and further provides quidance as to wich combination of previous models best fits a given software situation.
Microsoft is trying to buy Yahoo
17, February 2008 06:20 PM | by Alex Brown
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It's hard to believe but finally Microsoft made his bet to buy Yahoo INC and it could be one of the largest agreements in IT history. Now Microsoft estimate capitalization is about $900 billions, Microsoft revenue is about $50 billions and they really could pay the $44 billion bid for Yahoo INC. |
It's hard to believe this but finally Microsoft made his bet to buy Yahoo INC and this could be one of the largest agreement in IT history. Now Microsoft estimate capitalization is about $900 billions, Microsoft revenue is about $50 billions and they really could pay the $44 billion bid for Yahoo INC.
Is there a small chance that this agreement will be concluded? Who knows... In fact Yahoo now feels bad in the market and recent layoffs confirms this fact. Yahoo's share in the search market also dropped about 10% last year, their technology losing the battle against Google and we have no doubts that the only chance to keep the company on the board is to sell it as soon as possible.
We will keep an eye on this probably the largest purchase in IT market. News source is international calling cards store DialFriend.
EPAM is a TOP 100 Global Services company
10, February 2008 08:50 PM | by Alex Brown
| One of the largest outsourcing company in the market EPAM Systems named as one of TOP10 Best Performing IT Services Providers by the autority rating Global Services 100. |  |
EPAM is a large company with many development centers worldwide. The largest ones are in Minsk (Belarus), Kharkov & Kiev (Ukraine), Budapesht (Hungary), Moscow, St. Petersburg & Samara (Russia) and others.
This a large reliable company with rich history and really impressive portfolio. Total amount of employers exceeds an impressive 3500 figure.
SoftAge is a TOP 10 ITO Offshore provider
05, January 2008 18:50 PM | by Roman Fletcher
One of the most reliable ratings in outsourcing industry The Black Book of Outsourcing named their annual TOP 10 ITO Offshore providers list and there are an unexpected player here - Russian software development company SoftAge INC.Who they are? This is a average company with nearly 150 employers placed in a few development centers in Russia. The company also have few regional offices in USA, China, UK and Estonia.
Though the company have a large clients base, perfect references from a well known brands and this is a factor that proves the outstanding quality of their services.