Best Footwear software in India in 2019

What is footwear management software?

Footwear Business Management helps footwear suppliers, sellers, retailers, distributors with the ordering and production process. Footwear software may offer features such as tailor-made, product display, sales order fulfilment, inventory and stock management and planning among others. Some also help in the manufacturing process.
Footwear is a difficult inventory. There may be matching accessories, which may also be in colours and sizes. There are special orders for the styles and sizes that are not in stock. There are even shoes that can be dyed to match the colour of a particular outfit. Shoe stores are adopting electronic communications for maintaining customer relationships.

Features of top footwear software:

The features of the top footwear software are:

• Invoice
• Sales
• Tracking
• Order Management
• Credit card payment processing
• Multiple Language

Benefits of footwear software:

The benefits of the best footwear software are:

• Reduce markdowns - Assists in reducing markdowns and overbuying
• Managed Inventory - Enables a leaner and more balanced inventory
• Market Focus - Facilitates more targeted buying
• Customer Satisfaction - Provides a 360-degree view of stock at a multi-store level and warehouse
• Improvised Sales - Improves customer service and increases sales via Customer Relationship Management(CRM).

Potential Issues faced: 

The footwear industry has been largely unorganized and scattered in different parts of the country; Uttar Pradesh and Tamil Nadu is the biggest footwear related market. Though technology has marked its presence in the modernization of the footwear industry, most of the production is still handmade. The issues faced in the Footwear Industry are:

• No stock rotation leading to outdated stock
• Higher % of Customer Initiated Returns (CIR)
• The increased cost of Reverse Logistics
• Managing Multiple Warehouses and Stores
• Easy transition to present
• Taxation policies
• Managing Multichannel and Offline
• Effective Utilization of stock
• Seamless management of returns and cancellations

Solutions :

• Advanced Warehouse Management - Handheld, First In First Out (FIFO) based stock picking, Cycle Count etc.
• Robust Omni-channel Solution - Route Online orders to a nearest offline store.
• Unified Vendor Panels -  Manage suppliers via centralized login.
• ERP Management - Seamless integration with any ERP (SAP, Oracle, Navision etc.)
• Centralized Inventory Management - Inventory Visibility & Accuracy
• Progress Report-  Tracking Schedule reports to Track daily/weekly sales analytics

Market Trends followed:

• E-commerce integration - According to the Net Domestic Product (NDP) Group, a market research firm, footwear and shoe retail market alone accounts for 23 per cent of total online sales in general. This poses a significant business opportunity for shoe retailers to sell their products online. As a result, many vendors in the market have started offering website integration in their product offerings. Some products also allow users to set up an e-commerce website to manage their online presence.
• Gift cards and Loyalty programs - Gift cards have become highly popular gifts in the past couple of years. Gift cards, therefore, occupy a vital space in the retail marketplace. Leveraging this trend, Point of Sale (POS) software vendors are offering loyalty programs and gift card integration. This trend is expected to pick up further as the gift card market complete transitions to the online mode from the traditional paper format.
• Tablet Point of Sale (POS) - This software helps users to conduct transactions using their tablets. Tablet POS is gaining popularity as an alternative to traditional hardware-based POS solutions due to the low costs and ease of use. Also, it’s more convenient to use tablet POS applications than mobile POS software because of the bigger screen size. More and more stores are expected to offer this feature in the future.
• Cloud-based software- Many shoe and footwear brands have a multi-location franchise. example- metro shoes, mochi have stores in many cities. all these stores need to be connected with central warehouse for better stock planning and implementation of offers and schemes. for this, a cloud-based footwear management software becomes very important for smooth operations.