#Japan #Tokyo #E-Commerce #Store Record #Future Shop

Introduction

In a significant development for e-commerce businesses, Bizgem, based in Bunkyo, Tokyo, has officially announced a collaboration with Future Shop, a well-known SaaS platform provider in the e-commerce sphere headquartered in North Osaka. This integration marks a monumental step towards better management of crucial business data, including sales, costs, purchases, and inventory, facilitating quicker and more precise decision-making for retailers using Future Shop's services.

The Need for Unified Data Management

Effective decision-making in retail relies heavily on the consolidation of various data types—sales, costs, purchases, and inventory. However, many businesses struggle with multiple management systems, necessitating tedious logins and the cumbersome process of downloading and consolidating CSV data into one Excel file. This process not only consumes significant time but can also lead to issues with file sizes when handling a high volume of product SKUs.

Recognizing these inefficiencies, Bizgem has developed the Store Record, a SaaS solution designed to unify and simplify the management of business data into one streamlined platform.

Use Cases of Store Record

Rapid Calculation of Profit Margins

One of the standout features of Store Record is its ability to automatically calculate daily profit margins. It streamlines the collection of sales, cost, purchase, and inventory data, meaning businesses can instantly gain insights into their profit margins. This efficiency eliminates the lengthy procedures often associated with compiling complex data, thus enabling prompt and accurate decision-making regarding advertising investments and promotional activities.

Profit Margin Dashboard

Bizgem’s platform offers a user-friendly dashboard that visualizes critical metrics such as sales performance, stock levels, turnover rates, and conversion rates. This promotes a more enlightened decision-making process grounded in real-time data.

Optimizing Stock Management

The Store Record system is also tailored to suggest optimal reorder quantities automatically, significantly mitigating the risks associated with inventory management. By utilizing actual sales data and existing stock levels, the system can generate recommended order quantities, thereby reducing reliance on human guesswork and intuition. This transition helps prevent lost sales due to stockouts and alleviates the financial strain imposed by excess inventory.

Recommended Quantity Dashboard

With its distinct dashboard, users can conveniently view recommended order quantities alongside current stock levels, further assisting in maintaining effective inventory management practices.

Comprehensive Data Visualization

Store Record goes beyond mere data collection; it offers a comprehensive dashboard view that integrates and visualizes data sourced from various systems like EC, OMS, and POS via API and RPA functionalities. This multifaceted visualization allows retailers to perform analyses by brand and product, thus enabling specific business insights tailored to their operational environment.

The Future of Retail Management

The Store Record application is meticulously designed based on the extensive knowledge and experience of Bizgem's founder, Koutarou Higuchi, who has a proven track record in managing D2C apparel businesses. Its features are tailored to alleviate operational burdens while enhancing management efficiencies.

As a forward-thinking company, Bizgem aims to ensure that every retail business has access to quality management tools. Through its partnership with Future Shop, Bizgem plans to expand data connection with foundational, POS, and OMS systems, thus enhancing the overall decision-making infrastructure utilized in the field.

About Future Shop

Future Shop offers a robust SaaS platform for building e-commerce sites, allowing businesses to customize site designs and update content at speed. The platform includes a wide array of functionalities to bolster customer loyalty and enhance marketing efforts.

In the context of omnichannel strategies, Future Shop's Omni-Channel solutions enable seamless management of customer data across both online and offline experiences, supporting a suite of refined digital marketing strategies.

Conclusion

Through collaborations like that of Bizgem and Future Shop, the landscape of e-commerce business management continues to evolve, ushering in a new era of data-driven decision-making that empowers retail businesses to thrive in an increasingly competitive marketplace. For further details about the service or inquiries, visit here.