Business Intelligence on Retailing, Franchising, and Consumerism in China

Wangfujing Group Ready For National Retail Expansion With New System

eFuture announced the successful deployment of its POS-ERP back-office system at Beijing Wangfujing Department Store (Group) Company.

The system will support Wangfujing Group's national chain store expansion plan over the next five years by centralizing and optimizing merchandise management, supply chain management, purchasing and other business processes.

"eFuture's tailor-made, front-end supply chain software and service solutions streamline our clients' operations and maximize competitive advantages," said Adam Yan, eFuture's chairman and CEO. "Accelerating retail sales of consumer goods are driving demand for customized supply chain management systems in China. With our leading market share, over 900 domestic and international clients and a suite of industry-leading products, I'm confident that eFuture will continue to benefit from China's rapidly growing retail and Fast Moving Consumer Goods industries."

The scalable, integrated solution unites the business strategies of Wangfujing Group's stores, centralizing operations including merchandise planning, merchandise management, purchasing, supply chain management and pricing and promotions management. eFuture successfully implemented a pilot version of the system in four stores in Beijing in 2007. Wangfujing Group will roll out the system in other cities such as Guangzhou, Wuhan, Chengdu, Chongqing, Nanning, Guiyang, Baotou, Changsha, Luoyang, Hohhot and Urumqi.

As part of the agreement, eFuture also constructed a data center at Wangfujing Group's headquarters and equipped the center with data warehousing and analysis capabilities.

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