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The Best Retail Software for the Retail Organization

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Melbourne Polytechnic

   

Added on  2020-05-28

The Best Retail Software for the Retail Organization

   

Melbourne Polytechnic

   Added on 2020-05-28

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Investigation ProposalDate, 7 January 2018From, T&D representativeTo, Macey, Manager of Macey’sHypothesisThe proposal here suggests usage of the best retail software for the retail organization which is called "Macey's". The T&D team has decided to use the retail software named Vend. Macey, the manager of the organization has approved the proposal. However, I have used the software before and have a bitter experience. Therefore, being a T&D representative it is my responsibility tolet her know the flaws of the Vend software. According to me, Lightspeed Retail is the best choice1. Lightspeed Retail offers a cloud-based point-of-sale platform and this platform can be accessed anywhere anytime, the software is used for varied retailers including footwear retailers and clothing retailers. Thus this proposal will showcase why Lightspeed Retail is better compared to Vend software.Issues to exploreLightspeed Retail, the cloud-based point-of-sale retail software can be accessed anytime anywhere. There are multiple advantages of the software.The software comes with numerous functionalities which involve orderingtools, data reporting, quoting, and management. Macey’s can use it as a fully functional e-commerce tool to handle all online as well as offline inventory. Macey’s can manage their customers well with the aid of this software. The workers of the organization can be able to serve their customers better in each step of the sales cycle with the assistance of Lightspeed Retail.Lightspeed retail has the capability to monitor sales as well as the inventory numbers. The workers and the management staff can notice changes in profits, in productivity and in sales with the help of the software2. LightspeedRetails assists in generating high-level sales reports as well as custom in-depth 1Adewumi, Adewole, Stanley Ogbuchi, and Sanjay Misra. "A Cloud-Based Retail Management System." InIntelligence in the Era of Big Data: 4th International Conference on Soft Computing, Intelligent Systems, and Information Technology, ICSIIT 2015, Bali, Indonesia, March 11-14, 2015. Proceedings, vol. 516, p. 446. Springer, 2015.2Mooi, Erik, Marko Sarstedt, and Irma Mooi-Reci. "Getting Data." InMarket Research, pp. 51-93. Springer, Singapore, 2018.1
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data reports. All these reports provide them with high-quality information and this information helps in taking important business decisions. The software is able to develop highly functional and professional-lookingwebsite for Macey’s. Macey’s can use their logo; can choose page layout, colours and fonts. The attractive website can attract customers all over the world. Besides, the software can assist in boosting the Yahoo, Google and Bing ranking. All these factors can help the company to increase productivity.Macey will not have to take any hassle to train their workers. The software is relatively easy to use. Macey's will have to link the software to the Google account.Lightspeed Retails usage limitationsLightspeed Retails has some advanced features as well. If they want advanced features they have to pay for to avail those extra benefits. Besides that, they have to pay charges on the monthly or yearly basis to use the software3. Though the charges they have to pay is quite high compared to the other retail software or Vend software, they can be assured that their productivity will get increased and they can get long-term benefits.Drawbacks of Vend softwareVend has multiple drawbacks, it cannot handle cash account; data reporting is not possible via Vend software. The inventory request cannot be sent to the suppliers, there are no employee management functionalities, the software processes sales if the item is not available in the stock.Investigative TechniqueThe hypothesis will be proved with the aid of the survey and literature review. There are numerous enterprises that are using the Lightspeed Retails4. The reviews from the enterprises’ representatives will help to know the benefits that Macey’s can get adopting the Lightspeed Retails software.People and ResourcesThe manager and CEO of the enterprises all around the world havereviewed Lightspeed Retails out of which reviews of five representatives fromfive different enterprises have been taken into consideration here. Helen Benge,manager of Niche Food and Drink, Chris Durkin, General Manager of Leica Store,Norbert Swierad, Operations Manager of Absurd Bird, Philip Start, founder of MrStart and Jason Rowe, Managing Director of Rub Smokehouse have beenchosen.3Carey, T., 2014. The best online brokers of 2014.Barron’s. Accessed: January,26, p.2016.4Sood, Tulika. "Services Marketing: A Sector of the Current Millennium." InStrategic Marketing Management and Tactics in the Service Industry, pp. 15-42. IGI Global, 2017.2
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