MPS Retail

MPS Group kick-starts retail business – ties up with Alletec for ERP solution

About the Client

  • MPS Group – a large conglomerate with operations spanning diverse lines of business– was planning to venture into the retail industry. 
  • Already acquainted with the nuances of starting and running several businesses, the management at MPS envisaged the need for a retail solution, right from day one, to ensure smooth and efficient operations at MPS Retail & Fast Food. 
  • The tie-up not only gave MPS a solution – LS Retail – up and running from day one of their setup, but also resulted into an enduring & valuable association for both. 

Highlights

The MPS group was in a phase of strategic expansion with plans to launch a retail store chain – MPS Retail & Fast Food. The management foresaw the challenges likely to surface in the absence of a suitable retail solution. These included: 

  • Inability to track stock position & sales statistics at store level 
  • Non utilization of shelf data in performing demand analysis and forecasting – hindering ideation of effective discount schemes 
  • Unnecessary lag in stock replenishment due to time-taking manual practice 
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