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Slide 1: RayMedi HQ Supply Chain Management Software Enables Businesses Excellence in business practice is achieved when a business successfully develops positive relationships vendors and customers, achieving a competitive advantage in the marketplace. GoFrugal RayMedi retail supply chain management software, is a range of software tools that assist businesses achieve best performance outcomes in the supply of goods or services occurring within the supply chain from raw material to customer. The retail software packages can be purchased as an entire package with different modules, or purchased individually with only the modules required by the business to successfully conduct business transactions. Included in most packages are inventory tools, sourcing tours, supplier relationship tools and various analysis tools that enable the business to keep track of market demand for products and services. There are many different packages that suit different sized businesses, depending on their needs. All packages are available for purchase on the internet and most packages allow for modification to suit the business type and the services or goods offered. Such management program is an integrated system of people, organizations, information and resources that provide the movement of a product from a vendor to a customer. A simple example of this is a farmer producing a crop who sells his produce to a manufacturer. The manufacturer sells his product to a supermarket, which in turn sells the product to the customer. Such management system provides integration of these activities with the desired purpose of achieving market advantage by out performing market rivals in costs and reliability of services provided or products sold. This useful management system involves tracking business transactions along the production path and involves tracking the prices charged, production times, and delivery options along the production path. Alternative options can then be compared and the best price and shorter delivery times can be factored into the supply chain to improve services provided to the customer. The software can be used by any of the businesses and industries in the market and where there are good relationships existing in the chain, information gained by all the businesses can be used to improve performances of all stakeholders in the production change. Problems in this system are often identified immediately and alternative options can be implemented before there are any serious ongoing repercussions to the supplying demand. An example of this may be if food is recalled due to a problem in the manufacturing stages of a productive food chain, a supermarket can quickly provide customers with a suitably priced alternative until the original supplier is able to commence distribution again. Information gathered previously through good business practice enables continuous supply of products despite interruption along the path. Customer demand for a product and therefore increased production to meet demand needs can also be tracked on the application, ensuring that supplying equals the high demand. GoFrugal RayMedi retail supply chain management software enables businesses to undertake this planning and preparation and provide service excellence to their customers. Article source: http://www.gofrugal.com