Statistics

Retail Industry Global Trends

The global retail sales were estimated to be around USD $26.7 Trillion by the year 2022, increased from USD $23.6 Trillion in the year 2018.

The retail industry includes the sales jouney of goods or service. It starts with the manufacturing and ends with purchase by a consumer from a manufacturer or dealer or retailer. Retail companies are typically in many forms such as grocery stores, restaurants, bookstores, etc.

Due to globalization and trade agreements between various markets, retailers are doing business on a global scale. Many U.S. retailers were successful and can be seen by their performance in online retail.

The domestic retail market in the USA is very lucrative and competitive. Walmart is the leader in retail space in the USA. Asia also comprises of few biggest retailers in China, Japan, and India.

Expertise

Implemented Innovative Models

SEAL Infotech has rich experience in implementing and delivering successful ERP applications for global organizations over the years. The software makes retail business flexible and adaptable while ensuring customers revisit you in the future. The must-have features that we have expertise in retail ERP software includes:

• Retail Workflow Automation
• Real-Time Inventory Management
• Multi-Location Warehouse Management
• Multi-Store Order Tracking
• Demand Planning & Inventory Forecasting
• Returns Management
• Integrated POS Tool
• Finance management
• Discount management
• Loyalty and membership programs
• Customer tracking
• Sales tracking