Merchandise Management System (mms)
About: Simple merchandise management system
Repository: https://github.com/naxmefy/mms
Tech-Stack:
Idea
- naxmefy (me) wants to learn rust… not just the basics…
- naxmefy (me) wants to create a big open-source mms application… just for fun
What is a merchandise management system?
“Let’s ask ai (ChatGPT)” - Me - 02.07.2024
“A merchandise management system (MMS) is a software solution used by retailers to manage various aspects of their merchandise, from procurement to sales. It serves as a comprehensive tool to streamline and automate the processes involved in managing inventory, pricing, promotions, and sales. Key functions of an MMS include:
- Inventory Management: Tracking stock levels, managing reorders, and optimizing stock turnover to ensure the right products are available at the right time without overstocking or stockouts.
- Procurement: Handling the process of purchasing goods from suppliers, including order placement, tracking, and receiving.
- Pricing and Promotions: Setting and adjusting prices based on various factors such as demand, seasonality, and competitor pricing. Managing promotional campaigns and discounts.
- Sales and Point of Sale (POS) Integration: Integrating with POS systems to capture sales data, process transactions, and provide real-time inventory updates.
- Reporting and Analytics: Providing insights through reports and analytics on sales performance, inventory levels, turnover rates, and other key metrics to help in decision-making.
- Supplier Management: Maintaining supplier information, managing relationships, and tracking supplier performance.
- Product Management: Managing product information, including descriptions, SKUs, categories, and attributes.