The Advantage of a Single
End-to-End ERP Software
Forging a seamless connection between your Point of Sale, accounting software and inventory system is essential for a fashion retailer managing multiple locations.
It makes life easier for both employees and head office, resulting in better run stores and better customer experiences. A streamlined, unified system also eliminates gaps in communication that can slow down your supply chain or cause security vulnerabilities.
How Will ERP Benefit Fashion Retail Businesses?
The tangible benefits of a comprehensive ERP solution are quite significant.
Detailed Product Profiles
Nothing is more important to a fashion retailer’s customers than the apparel and footwear products themselves. You understand that a shoe is not just a shoe, and we know that too. Magstar’s fashion product profiles utilize a size and color matrix and are preconfigured to contain the details essential to your operations as a fashion retailer, including:
- Garment type
- Size
- Color
- Style
- Designer
Intelligent Inventory Management
By monitoring and ordering inventory using an automated system designed for apparel and footwear users, you can:
- Quickly identify understocked items
- Automate replenishment and distribution
- Accommodate limited space and maximize visibility of best-selling items
- Match inventory to the unique needs and demands of each of your locations
- Order using grid purchasing and grid distribution, taking advantage of Magstar’s cross-application color and size matrix on all products
Omnichannel Retail
The more flexible you can be in how a customer buys from you, the more opportunities you get to sell products and the happier the customer is.
Magstar’s Omnichannel ERP solution interfaces with web and mobile solutions and when integrated with all your channels can allow your customers to:
- Browse for items online or on a mobile device and ensure the items they want are in stock in your store for when they come in to their preferred location
- Call or go online to place an order to be picked up in store for a size or color not currently in stock
- Pay for items at one location and then pick them up from a different location that did have them in stock
- Create online shopping baskets ahead of time to send to the store and have preassembled and ready to try on by the time they arrive at the indicated location
Style Analysis and Management
Fashion retailers aren’t going to stock the exact same product year after year the way other retailers do; in order to track trends and understand local target markets over long periods of time, Magstar provides the ability to perform analytics based on any number of data points.
- Which are your top performing designers?
- Are your customers more motivated by style or by brand name?
- Are certain colors more in demand in specific cities or during certain seasons?
- What consistencies in strong sellers can you find across various brand names?
- Which of your products is best benefited by having a more prominent space in the store?
Track and Understand Buying Patterns
Sell more by gathering deep, meaningful insights about the communities you serve and their tastes from location to location - utilizing your valuable shelf space for the garments that sell best. Your experience tells you that you’ll sell more high heels in the city than you will in a rural area; think of how much more you’ll know by being able to:
- Collect customer information into Magstar’s CRM just by scanning an ID
- Aggregate your sales data from the POS to track fashion trends and seasonalities
- Use reporting and analytics to enable and improve distribution planning
- Track the performance of sales and marketing campaigns to see what’s working, ensuring your marketing communications are reaching the right people with the right styles
- Tailor your offerings from store to store, getting down to granular variations that maximize loyalty within unique communities
- Utilize loyalty programs and gift cards to gather more data and to develop stronger relationships with customers
Product Development Driven
by Fashion Retailer Best Practices
You’re not just any other retailer – your business comes with unique challenges that call for specialized solutions, and Magstar understands that. The solution comes preconfigured with the core fields, reports and automated workflows that all fashion retailers need.
Magstar has spent thirty years establishing close relationships with its existing clients in the fashion retail industry, driving improvements and changes to give them the best possible technology for their specific needs. It’s through these relationships that we are able to incorporate many industry-specific best practices into our software development.
Sample Features
Boost profits with at-the-register cross-sell offer suggestions based on loyalty member transaction histories, checking to see if there’s anything currently in store that would appeal to them based on their past purchases.
Maintain the right mix and balance at each individual store by using automated inventory management that orders smaller amounts of slow-selling product and anticipates when you’re at risk of running low when an item gets a spike of popularity.
Slice your data however you want to look at it, employing a business intelligence suite that understands fashion retailers need to study trends by any number of style-related details and not just by individual products or brands.
When Magstar first came in, even before they did anything, they really wanted to understand our business. Not just how we did things, but why we did them. If they saw a process in our system they thought could be improved, they then brought that to the table and worked out how we could implement that. Tilley Endurables
We Don’t Believe In “One Size Fits All”
Other ERP solutions expect you to fit into their mold. We offer you the software features we know all apparel and footwear need while understanding that your business is still unique and should be treated that way.
Our team brings decades of fashion retail experience to the table - that means if you want something done, we either already know how to make it happen or else we’re confident we can figure it out. We’re not happy unless you have exactly what you need for your business to flourish.
Complete Customization to Suit Your Needs
Magstar Total Retail is highly customizable and will be tailored to accomplish exactly what you need it to. We work closely with you to really understand your business and how the software can be further configured to simplify and streamline your operations.
If you need customization for something specific to your business, Magstar is geared for something like that – other vendors, you really have to fit in to their software model. John Colantonio, Mister Safety Shoes
ERP as Part of Your Expansion Roadmap
You have ambitions for your business and you want to see it grow.
Multi-location location fashion retail owners choose Magstar because of our successful track record of helping clients to expand and open new locations with minimized difficulty.
We start you off with what you need, when you need it, and add features and capabilities as your operations grow. No wasted money on having to reinvest in a new software solution down the road.
Leveraging Intelligent Automation
Magstar’s solution offers a number of ways to save you and your employees valuable time, and the key to them is automation. As your apparel and footwear chain grows and you add locations and employees, daily processes like sales reports, payroll tracking, ordering and distribution become less feasible to do manually.
Magstar has the ability to shift these tasks from a manual to an automatic process as you need them, helping to reduce the pains of expansion so you can focus on maintaining your success.
With all the locations that we have, it was important for us to be able to see all the inventory that we have all at the same time; so we were looking for a solution that would give us real-time inventory across the whole enterprise. With Magstar, we’re able to. Tilley Endurables
When Magstar first came in, even before they did anything, they really wanted to understand our business. Not just how we did things, but why we did them. If they saw a process in our system they thought could be improved, they then brought that to the table and worked out how we could implement that. Tilley Endurables