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What is SIMPLE-system?

The SIMPLE-System harnesses advanced algorithms based on inventory management principles and MRP techniques, providing a thorough comprehension of variable demand and the intricacies of supply chain dynamics. This system presents a groundbreaking model that improves the link between external factors impacting a trading company and its return on investment, as well as introduces fresh methods for pinpointing optimal product assortments and reorder levels. In contrast to conventional accounting and analytical tools, the SIMPLE-System operates as an automated management platform, liberating users from simply performing "post-mortem" assessments and retrospective analyses of metrics like turnover, inventory days, sales performance, profit margins, ROI, or stock deficits. Rather, it actively identifies ideal inventory quantities and control metrics, empowering users with practical insights to effectively restock and place timely orders for essential items. By utilizing this innovative system, organizations can foster a more strategic approach to inventory management, which ultimately leads to improved operational efficiency and increased profitability. This forward-thinking methodology not only streamlines processes but also allows businesses to adapt swiftly to market changes and consumer demands.

What is RICS Software?

Retail incorporates a cutting-edge POS system, effortless payment processing, smart product catalogs, and comprehensive inventory management to boost inventory turnover. This sophisticated POS solution connects your retail site with your storage facilities, eCommerce site, and the immediate stock availability from the brands in your inventory. Featuring standardized product data from over 125 brands, it simplifies the relationship between brands, your online presence, and your customers. This allows you to effectively order popular items, optimize your purchasing procedures, and track inventory metrics in real-time. The idea is simple: meet customer demand while minimizing excess stock. Despite this, certain items may remain unsold. To prevent financial setbacks, it is crucial to focus on acquiring more of the products that your customers find appealing. Traditionally, merging systems with brands, digital platforms, and other interfaces has been an expensive and complicated process, often resulting in failure. To address this issue, we developed RICS>Retail, emphasizing connectivity as a core principle to improve operational efficiency and simplify workflows. This groundbreaking strategy enables retailers to swiftly adapt to market trends, ensuring they consistently stock the right products. Additionally, such an approach fosters stronger relationships between retailers and suppliers, ultimately leading to a more responsive supply chain.

Media

Media

Integrations Supported

Cyclr
QuickBooks Online
Shopify
Trakwell.ai

Integrations Supported

Cyclr
QuickBooks Online
Shopify
Trakwell.ai

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Genobium

Company Location

Russian Federation

Company Website

genobium.com

Company Facts

Organization Name

RICS Software

Date Founded

1983

Company Location

United States

Company Website

www.ricssoftware.com

Categories and Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Categories and Features

Inventory Control

Allocation
Barcoding
Cost Tracking
Forecasting
Item Management
Order Management
Procurement Management
Reorder Management
SKU / UPC Codes
Serial Number Tracking
Supplier Management

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Point of Sale

Barcode Scanning
Commission Management
Cryptocurrency Support
Customer Account Profiles
Discount Management
Electronic Signature
Gift Card Management
Loyalty Program
Multi-Location
Restaurant POS
Retail POS
Returns Management
eCommerce Integration

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

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