Revolutionizing Retail with B2R Application
To address these challenges, Parazelsus Pakistan partnered with Systechlogic, a technology provider that specializes in developing custom software solutions for businesses. Together, they designed the B2R application, which is a solution designed specifically for retailers that provides real-time inventory tracking and automated reorder points.
Inventory management and real-time tracking are essential for retailers, as they help reduce the risk of stockouts and overstocks, which can be costly for their business. With the B2R application, retailers can easily track their inventory levels, set up automated reorder points, and receive alerts when inventory levels fall below certain thresholds.
The B2R application offers a unique combination of features that sets it apart from the competition. For example, it uses a user-friendly interface that is easy to navigate and provides retailers with actionable insights into their inventory levels.
The Challenge
A. Delays in Inventory Updates: The Oracle database used by Parazelsus Pakistan was only synced twice a day manually after reconciliation of the sales, which led to delays in inventory updates. This made it difficult for shopkeepers to keep track of their inventory levels in real-time and caused delays in replenishing stock.
B. Lack of Real-time Tracking: The delays in inventory updates meant that shopkeepers did not have real-time visibility into their inventory levels. This made it difficult for them to make informed decisions about restocking and caused delays in the supply chain.
C. Inefficient Supply Chain: The lack of real-time tracking and delays in inventory updates led to an inefficient supply chain for Parazelsus Pakistan. Shopkeepers had to wait for inventory updates before restocking, which caused delays in the delivery of products to customers.
To address these challenges, Parazelsus Pakistan needed a solution that could provide real-time tracking and automate its inventory management processes. They turned to Systechlogic for help in designing a customized solution that could address their specific needs and also assist them in launching the application nationwide.
The Solution
Systechlogic worked closely with Parazelsus Pakistan on their product to develop a customized solution to address their inventory management and tracking challenges. The solution was the B2R application, which offers a unique combination of features that sets it apart from the competition. These features include:
A. Real-time Inventory Tracking: The B2R application provides almost real-time updates on inventory levels, which helps shopkeepers to make informed decisions about restocking and improves the efficiency of the supply chain.
B. User-friendly Interface: The B2R application offers a user-friendly interface that is easy to navigate and provides retailers with actionable insights into their inventory levels. This makes it easy for shopkeepers to manage their inventory and make informed decisions about restocking.
C. Assembling & mentoring the development team: Finding the right developers to execute a project is crucial to its success. The development team’s experience, expertise, and technical capabilities must align with the project’s requirements. Systechlogic assisted Parazelsus in recruiting the development team for this project and also provided mentoring during the development phase. This ensured that the application was developed to a high standard and delivered within the desired timeframe
D. Development Platform Selection : After a thorough assessment of the prerequisites, it was decided that the B2R application would be developed using the Flutter development platform to address the needs of both Android and iOS users. Flutter is a cross-platform development framework that enables the creation of high-performance mobile applications compatible with both Android and iOS devices. The use of Flutter allowed for the development of a user-friendly and intuitive mobile application that is easy to navigate and provides a seamless user experience.
Systechlogic provided Parazelsus Pakistan with continuous support throughout the launch process, including training their staff on effective usage of the application. This ensured seamless integration of the application into Parazelsus Pakistan’s business processes, and shopkeepers could efficiently manage their inventory using it.
The Results
After launching the B2R application developed, saw several positive outcomes, including:
A. Improved Inventory Accuracy and Efficiency: The B2R application provided almost real-time updates on inventory levels, leading to improved inventory accuracy and efficiency. This allowed shopkeepers to make informed decisions about restocking and avoid stockouts and overstocks.
B. Efficient Supply Chain: The B2R application enabled shopkeepers to receive deliveries in the next two days, making the supply chain more efficient and improving cash flow. This was a significant improvement from the previous system, where deliveries could take several days, leading to delays in inventory updates and a lack of real-time tracking.
C. Nationwide Launch: Physical visits to various locations and interactions with shopkeepers facilitated the collection of valuable feedback and insights from potential users of the application. The feedback obtained from shopkeepers was utilized to refine the user journey of the application, making it more intuitive and error-free. The nationwide launch of the application enabled small businesses across the country to access financial services that were previously inaccessible to them. This, in turn, contributed to the growth and development of the small business sector in Pakistan.
D. Fintech integration: The integration of fintech in the application allows for real-time loan application processing, which reduces the time and effort required to secure a loan, making it easier for small businesses to obtain funds. The installment terms offered through the application are flexible and tailored to meet the individual needs of small business owners. This increases the chances of loan repayment and fosters a positive business relationship with the lending institution. The increased cash flow resulting from the loan disbursement enables small businesses to purchase more inventory and equipment, which in turn helps to boost their sales.
E. Positive Feedback from Parazelsus Pakistan: Malik Ahmad Jalal, the CEO of Parazelsus Pakistan, commended Systechlogic’s team for their professionalism, timely delivery, and excellent communication throughout the project. He also mentioned that the B2R application significantly improved their inventory management processes and was seamlessly integrated into their business operations.
Overall, the B2R application provided by Systechlogic delivered an effective solution to Parazelsus Pakistan’s inventory management and tracking challenges. The application’s unique combination of features, such as real-time inventory tracking and a user-friendly interface, distinguished it from similar applications in the market.
Conclusion
The collaboration between Parazelsus Pakistan and Systechlogic for the consultation and launch of the B2R application has been a resounding success. The application has provided Parazelsus Pakistan with an effective solution to their inventory management and tracking challenges, resulting in improved inventory accuracy, supply chain efficiency, and positive feedback from the CEO.
The B2R application’s unique combination of features, such as advanced machine learning algorithms, real-time inventory tracking, and a user-friendly interface, distinguishes it from similar applications in the market. The application’s ability to provide almost real-time inventory updates has significantly improved Parazelsus Pakistan’s cash flow and inventory management processes.
Overall, the B2R application consultation by Systechlogic has been an important asset for Parazelsus Pakistan, providing a customized solution that meets their specific business needs. This joint venture between the two companies demonstrates the value of collaboration in designing effective B2B solutions. If you’re a retailer seeking to enhance your inventory management and tracking processes, the B2R application developed by Systechlogic could be the solution you’re looking for. Contact Systechlogic today to learn more about customized B2B solutions.