In the current retail market scenario, there are different channels through which a sale is executed, i.e., Retail Stores and E-commerce Websites/Apps. However, GINESYS had a provision to enter sale information of only Retail Stores and not E-commerce sale. From the Ginesys HO Version 11.111.0, it is possible to update the same.

Channels enabled in GINESYS:

Open

Demystifying the newly added Channels:

Difference between "Fulfilled by Marketplace" and "Fulfilled by Seller"?
The major difference between the two is that the stock in case of fulfilled by marketplace is sent by the seller to marketplace’s warehouse. In case of fulfilled by seller the stock of the goods is in seller’s warehouse itself.

 Process flow for Unmanaged COCO Store:

Process flow for Fulfilled by Marketplace E-commerce Sale:

Process flow for Fulfilled by Seller E-commerce Sale:

Important information

Note: MOP Control A/C will be sub-ledgers of "others class" having AR/AP ledger tagged to it.

• Process Detail 
  

  • GINESYS exposes stock information of the organization site to third party 'E-commerce Aggregators'.

  • 'E-commerce Aggregators' then further exposes same stock information to all the marketplaces / own web-store.

  • Consumer purchases goods from marketplace/own web-store.

  • This order information will get available in e-commerce aggregator website via their integrations with marketplaces/own web-store.

  • Order processing to dispatch/invoicing needs to be done in E-commerce Aggregator's website.

  • After invoicing, they will generate an Excel which can be imported in GINESYS using new Excel Import option for that organization site.

  • Sample Values: 
    Site Name - E-commerce Fulfillment Center 
    MOP Control A/C - Flipkart Control A/C
    
    

This article is a collation of all articles that will enable creation and management of Retail Sale through GINESYS in the mentioned order. Retail Sale is divided into two parts - Store and E-Commerce.

1. Store - Store is a place of business usually owned and operated by a retailer. Sometimes owned and operated by a manufacturer or by someone other than a retailer. Goods and Services are sold primarily to ultimate consumers in the store.
   Three types of stores are present in the Ginesys - Owned, Franchise (Consignment) and Franchise (Secondary).
   
   

   1. Owned - A place of business usually owned and operated by a retailer or by a manufacturer or by someone other than a retailer.
      
      

   2. Franchise (Consignment) - The authorization of a Franchise Store is granted by the owner. The consignment shop and the owner split the profits after selling the items. If any item does not sell after a certain period of time, the owner has the ability to retrieve the items from the consignment shop. If the Franchise (Consignment) is Managed Store, then the price of the items (without MRP) will be decided by the owner. For the Unmanaged Franchise (Consignment), the price of the items might be decided by the store also. 
      
      

   3. Franchise (Secondary) - The authorization of a Franchise (Secondary) Store is granted by the owner. The Franchises buy the items from the owner to resale but the owner does not claim the profit after selling. The price of the items (without MRP) might be decided by the Franchises. 
      
      

2. E-Commerce - E-commerce, an abbreviation for Electronic Commerce, is the platform for buying and selling of goods and services over an electronic network, primarily the internet. These business transactions occur either as Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer or Consumer-to-Business. 
   
   

   1. Fulfilled by Marketplace - In this scenario the order items are maintained by a particular E-Commerce site. 
      
      

   2. Fulfilled by Seller - In this scenario the order items are maintained by a particular Seller.