Introduction
Lifestyle and fashion are forever businesses in the world. There are many industries involved in the lifestyle and fashion like Beauty & Cosmetics, Fashion Jewellery, Glass & Crockery, Home Decor & Furniture, Watches, Eyeglasses & Opticals.
From the latest trends to style statements, this industry continues to shape different cultures based on fashion choices, giving a significant rise to the global economy. Meeting the ever-changing consumer demands has become a challenge for many manufacturing, distribution and retail industries dealing in lifestyle and fashion.
There are many operations to manage at one end like production, supply chain, procurement, quality check, CRM, reporting, sales, and E-commerce integration, raising the need for an all-in-one ERP solution i.e. LOGIC ERP Software for the lifestyle and fashion industry.
What is LOGIC ERP Software for Fashion and Lifestyle?
LOGIC ERP software for fashion and lifestyle is a complete solution to streamline all aspects of business management through a single platform, such as production, order processing, procurement, warehouse management, supply chain management, payroll, omnichannel retail, and much more.
Offering an easy customization, this advanced Lifestyle & Fashion ERP software provides you an integrated solution to suit your business needs. This software implementation keeps your retail industry processes centralized at one place, driving your business towards profitability and continuous growth.
What is the Role of LOGIC ERP Software to Manage Fashion and Lifestyle Businesses?
For fashion industries, ERP software offers a unified digital platform that improves supply chain visibility, coordination, and optimization. From production to inventory, warehouse to supply chain, reporting to CRM, and E-commerce to promotions, this advanced ERP software helps to streamline and automate various operations, giving a realistic view of your industry processes and enhancing overall business growth.
Read More: LOGIC ERP Insights That Fashion Businesses Need to Know to Grow
Key Features of LOGIC ERP Software for the Fashion and Lifestyle Industry
LOGIC ERP: the best Lifestyle and Fashion ERP software solution offers the best features to handle the core business operations.
Procurement
Running lifestyle and fashion businesses requires a proper procurement process. It includes raw material management, purchase order management, MRP planning, tracking and on-time delivery. Get lifestyle and fashion retail software and automate the procurement processes like purchase orders, stock re-filling, quality control, auto-replenishment, rejection and replacement of debit notes. Its multi-approval system helps the retailers to process secure payments to the vendors. Along with this, it has become easy for the retailers to manage quotations, internal requisitions, payments and additional expenses accurately.
Order Processing
The success of lifestyle and fashion business is based on how well the industry is planning, executing and delivering orders. With LOGIC ERP lifestyle and fashion retail software, it has become easy to streamline order management including bulk order creation, sale order creation, job order creation, multi-level approvals, reserve stocks, sale order amendments, pick list creation, stock scanning, and direct packing slip creation. Along with this, our advanced ERP software also helps to maintain order stocks through mobile apps.
Warehouse Management
Warehouses in the lifestyle and fashion industry are where all stock orders, quality control, proper dispatch and timely delivery come together to meet the market demands. Managing various warehouse management operations requires an advanced ERP software. With warehouse management software, you can easily optimize storage, tracking, and retrieval of inventory, maintaining stock levels at one platform. From the capacity management, to automatic binwise stock allocation, bin to bin stock transfer to physical stock verification, pick list creation to capacity calculations, 3rd party WMS solution to easy stock retrieval through mobile apps, LOGIC ERP distribution software keeps you track, manage and optimize your warehouse in an easy way.
Production
With our advanced distribution ERP software, fashion and lifestyle manufacturing industries can easily manage production processes, including: make to order, make to stock, assemble to order, make to assemble, batch manufacturing handling, MRP planning, quality control, work-in-progress handling, and techpack and measurement.
Supply chain Management
Supply chain operations when handled perfectly can drive continuous business growth for the lifestyle and fashion industry. For this, our fashion retail software offers the best supply chain management features, including multi-branch, multi-warehouse, stock transfer, auto-replenishment, inventory re-filling, vendor management, invoice generation, return management, inventory re-filling, and quotation management.
MIS Reporting
When it comes to business analysis, lifestyle and business rely on the reports and analytics. With our reporting software, it becomes easy to get multiple category reports, including – Sale Analysis, Order, Scheme, Purchase, Stock, Production, Payroll, CRM and User Access Reports. There are 400+ base reports available for different categories that help to provide multiple analysis of product sales and business growth.
CRM
Customer relationship management is the key to business success. CRM software offers the best CRM platform for multi-brand retail stores. Retailers can easily manage brand/category wise membership plans, discounts, digital bills, coupon redemption, offers, coupons and gift vouchers. Along with, customized feedback and surveys can be easily managed on LOGIC ERP lifestyle and fashion POS software.
Inventory Management
Now, lifestyle and fashion business owners can seamlessly manage their inventory with our advanced ERP software. It offers easy barcode scanning, multiple units of measurement, capacity calculation, capacity management, BOM, assembling, disassembling and bundling, inventory movement, and inventory valuation.
E-commerce Management
When it comes to E-commerce management, LOGIC ERP software gets easily integrated with B2C platforms like Flipkart, Amazon and Ajio, allowing the retail brands to streamline their sales processes. Along with this, our advanced E-commerce management solution helps the retailers to seamlessly manage real-time stock evaluation, automated order receipt, inventory management, delivery tracking, invoice management, and multi-level order validation.
Promotion & Campaign
Every retail business in the fashion and lifestyle industry runs promotions and discounts to attract customers and boost up sales during special seasons. With LOGIC ERP software for the fashion retail industry, you can easily create multiple custom scheme campaigns based on items, categories, periods and brands. Along with you can customize prepaid discount cards, and loyalty discount cards on the slow moving, and dead stocks. This software also helps to keep track of the performance of various promotions and schemes.
Why do Fashion Industrialists Need LOGIC ERP Lifestyle & Fashion ERP Software?
In the era of evolving trends, fashion industries face many challenges to streamline their operations and generate a profitable revenue stream. From managing the procurement to supplying the final product, there are various roadblocks that need to be overcome with advanced ERP fashion jewelry retail software for ensuring smooth operations.
Let us have a closer look at how the implementation of LOGIC ERP lifestyle and fashion ERP software helps to face the challenges faced by the industries:
1. Inventory Management
Challenge: In the fashion industry, managing inventory levels is a very complex task. Where extra stock more than demand ties up money, while unavailability of products means missed sales and reduced revenue.
Solution: LOGIC ERP inventory management software for the fashion industry offers an accurate track of the stocks and provides an accurate estimate of how much supply you need to offer your customers. This software also helps to manage the supply chain and thus lower the issue of overstocking and understocking. In this way, fashion businesses can also reduce textile waste.
2. Multistore Management
Challenge: A unified view of data across departments is the topmost need of the fashion business. A minor mistake in information can result in big errors and inefficiencies in everything from inventory levels to item design.
Solution: By combining data from multiple departments, our Multi Store Management software makes sure that retailers will have access to correct, up-to-date, and error-free information. Thus, the implementation of this advanced ERP software facilitates smooth collaboration between financial teams, supply chain managers, and designers.
3. Supply Chain Management
Challenge: Monitoring a complex chain of supply with several suppliers and international operations is quite difficult for fashion industrialists. This uncontrolled supply chain management results in delays and inefficiencies.
Solution: By automating procurement, managing supplier relationships, and streamlining manufacturing schedules, Fashion ERP Distribution Software simplifies supply chain management operations. As a result, an improved supply chain helps businesses to stay updated with fashion trends.
4. Customer Expectations
Challenge: Fashion and lifestyle industries use various channels to interact with customers for sharing promotional offers, and discount schemes. It includes social media, E-commerce websites, and physical storefronts. Maintaining a consistent customer experience while handling all these encounters can be challenging.
Solution: LOGIC ERP lifestyle and fashion retail software offers the best CRM platform to manage client connections across all channels. It facilitates tracking consumer preferences, delivering individualized experiences, and building loyalty.
5. Financial Management and Analytics
Challenge: In the fashion and lifestyle sector, accounting and financial management is one of the most challenging processes, including data analysis, net profit and loss calculation, taxation and GST compliance.
Solution: Our Lifestyle & fashion ERP software solution offers comprehensive financial management. Additionally, it offers real-time analytics and reporting features that helps fashion brands make financial decisions based on data reports.
What Factors You Must Consider While Choosing the Perfect ERP for Your Lifestyle and Fashion Brands?
Here are some tips for selecting the best ERP for fashion and lifestyle brands:
Choose a Customized Version of ERP
Lifestyle and fashion businesses have different structures. For that, you can choose the features of fashion distribution software as per your business needs. Ensure that it offers functionality like:
- Real-Time Inventory Management
- Flexible Demand Planning
- Multi-Channel Integration
- Data-Driven Insights
- Sustainability
- Tracking
Evaluate ERP’s Capabilities Concerning Your Company’s Needs
Many ERP systems claim to be the best in their industry. Narrow down by verifying if your company’s operations and the ERP system match exactly. List all of the features that the ERP has to offer such as size, design, color, and fit using a flexible style matrix.
Compare the Cost and ROI Structure
Selecting the best ERP software is a significant business decision that should be evaluated based on the potential returns. Calculate the overall cost of each option and make a list of all the advantages and disadvantages, including the deployment cost. It will help you to make a well-informed choice.
Check the Scalability of the System
The ERP software system should be able to adapt to market trends such as price variations, demands, inconsistencies in the availability of raw materials, and market dynamics. Go for the solution that enables you to deal with global supply chains.
Why Choose LOGIC ERP Software for Fashion and Lifestyle Business Management?
LOGIC ERP is India’s most trusted ERP software for the lifestyle and fashion industry. Joining hands with the top brands, our expert team has been streamlining various retail, distribution and manufacturing operations. Our customized ERP software has proven to be the best tech solution for various industries dealing in cosmetics, watches, home decor, jewelry, glass & crockery, eyeglasses & opticals.
What makes us stand in the ERP world –
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- 30+ Years of ERP Excellence
- 200+ Experienced ERP Experts
- Personalized Training and Support
- Fast, Easy, and Stress-Free Implementation
- Easy Personalization and Deployment
- Digital-Ready ERP with Third-Party Plug-Ins and API
Looking for the best software in India to run your fashion and lifestyle business efficiently? Contact us or Give our experts a call at +91-734 114 1176 to schedule a free demo, or send us an email at sales@logicerp.com right now!
