UPITec Retail is a unique solution for computerizing the retail functions on SAP Business One, and has been tested and approved as a SAP Certified product.
UPITec Retail offers a wealth of reports to analyze retail activity in chain stores, including the registers and scales, thus turning these registers and scales into an integral part of the ERP system, without the need for interfacing with external registers.
UPITec Retail allows for optimization of the purchase and inventory management processes in an effort to reduce the significant costs related to storing the "dead" inventory, on one hand, and preventing the shortage of stock for sale, on the other hand. Any activity on the register is reported to the main system online. This is a massive advantage compared to older systems where there is usually a delay in transfer of data, adversely affecting the ability to respond immediately to various scenarios in the business’s activity.
In addition to the register management capability, the UPITec Retail system offers a long list of solutions to include a wide portfolio of reports, which are designated for the retail industry and based on UPITec's vast experience and understanding of the specific needs of retail chains.
Simon Lewis, VP Finance at Korea Foods: "The choice of UPITec to establish Korea Foods' new computer system was a result of the abilities offered by UPITec Retail and its suitability to retail chains in general, and the food industry particularly. Korea Foods is a retail chain handling a tremendous variety of items, a large customer base at our branches and over 3,000 business affiliates in the field of restaurants and catering. When testing various software solutions prior to making our decision, we realized that UPITec Retail, which turns the ERP system SAP Business One into a perfect solution for the retail world, as it has many capabilities, is easy to use, adaptable to our organization's needs – and is therefore optimal for us. Beyond the system's suitability, our choice was also affected by the vast knowledge and professionalism displayed by UPITec's staff in the field of retailing, and the optimal response they provide us for any existing or future challenge."
The system will be used in nine branches (two branches are soon to be opened) as well as the wholesale division, which is a large part of the business, and the logistics, marketing, and financial divisions.
According to Betzalel Mordachai, UPITec’s CEO:
"Korea Foods' need to manage all the company's divisions under the single computerized solution was a critical factor in choosing UPITec Retail as their solution. The wealth of solutions and ease of use will enable Korea Foods to continue their growth while providing high quality and efficient service to a variety of their branch customers. UPITec Retail on SAP Business ONE provides a precise response to the chain's requirements."
About Korea Foods
Korea Foods is a retail and wholesale food chain established in 1999, which has become Britain's largest importer of Asian foods. The chain's stores offers customers the largest variety of Korean, Japanese, Chinese and Thai products. The company's main storage center is located in New Malden, England, with a distribution network spanning all over Britain's major cities. Korea Foods constantly invests in logistics in an attempt to offer its clients the finest service. The company aims to expand throughout the entirety of Europe.
UPITec was established in 2005, and is a SAP business partner, certified to develop software based on SAP Business One. UPITec employs 35 professionals that are highly proficient in the world of retail, with vast experience in development of products on SAP Business One.
UPITec Retail, developed by UPITec as an add-on to SAP Business One, is marketed and supported in Israel by UPITec Israel. It is also distributed and supported worldwide through our business affiliates.