Milano Impex goes live on iVend Retail

COMPANY : EGLE (Milano Impex Pvt. Ltd.)

COUNTRY : Chandigarh, India

INDUSTRY : Retail – Footwear

Milano Impex Pvt. Ltd owns two brands EGLE & LOUIS ALBERTI and has been successfully selling them in the Indian market. Post carving a niche in European market, Milano Impex Pvt Ltd introduced brand EGLE in India in 2003 followed by introduction of LOUIS ALBERTI.

Milano Impex initially followed the dealer & distributor business model which contributed to a major chunk of their revenue. Company had presence in the domestic market with the help of their dealers. Hence to set its footprints in the Arena of high street retail, company ventured to set up their first Retail outlet at Chandigarh, India.

Challenge

Milano Impex Pvt. Ltd., a fast-growing brand name in high-end casual and formal footwear, appointed Merino, a CitiXsys partner to implement iVend Retail Management Suite with SAP Business One.

Milano began implementing at stores that gave the company limited visibility and reporting of in-store stock and warehouse. With ambitious plans to grow the business, Milano chose iVend Retail Management Suite to manage their Retail operations with SAP Business One as backend ERP. The need was to have a system that could manage a fast growing business and be easy to use & maintain with limited IT resources.

• Management of inventory and consolidated view of existing stock was unavailable
• Inefficient stock monitoring and movement
• Implementation of discounts & promotions was impossible due to inadequate information
• Complex and inaccurate sales & invoicing process
• Unmanageable data consolidation

Solution :

iVend Retail Management Suite with SAP Business One

Benefits:

• Unified view of inventory at POS helped in Rapid stock turnaround
• Overall employee efficiency increased due to availability of integrated data at store and Head Office
• Synchronized data transfers between Stores and Enterprise ensured operational accuracy across Retail chain
• Reduced shrinkage due to operational transparency
• Considerable reduction in invoicing & stock-take errors and replenishment planning errors
• Achieved faster order processing

“With iVend Retail we have a modern, secure, fast and scalable solution with integrated inventory management, promotions management and much more. The implementation process and the post implementation support from CitiXsys and the implementation partner, Merino has been excellent. A professional team of consultants and subject matter experts really understood our business and helped us in further improving our business efficiencies.”

Prem Kumar,
CEO, Milano Impex Pvt. Ltd.