As part of the survey “The State of FMCG in Italy,” conducted in June 2023 by NielsenIQ (NIQ), a lively and growing landscape emerges for large-scale retail trade (GDO) in our country. In fact, according to the data, the overall turnover of the large-scale retail sector, considering all Omnichannel channels, recorded a remarkable growth of +8.7 percent compared to the same stage of the previous year, with total turnover touching the figure of 9.2 billion euros.
Positive Performance in All Distribution Channels
A positive trend involving the entire spectrum of distribution channels. In particular, some sectors stand out for even stronger growth:
- Drug Specialists (+12.2 percent): This sales niche shows the greatest growth, indicating a growing preference for stores specializing in pharmaceutical and personal care products.
- Discount (+11.1%): Discount stores continue to gain popularity, with a significant increase in turnover, suggesting that consumers are increasingly looking for cheap and convenient solutions.
- Superstores (+10.9%): Superstores, with their wide range of products, are attracting an increasing number of shoppers, highlighting a preference for more comprehensive shopping experiences.
- Supermarkets (+7.5 percent): Supermarkets, a traditional pillar of distribution, also maintain steady growth, adapting to the changing needs of consumers.
- Free Services and Iper> 4,500sqm (+6.1%): These large retail spaces continue to play an important role and attract customers with a wide range of services and offerings.
Retail and the challenges of 2024: digital transformation and sustainability
The positive performance of Italian retail in 2023 suggests that the sector is successfully adopting omnichannel strategies by offering a diverse range of products and services. However, to ensure sustainable growth, enabling emerging technologies with the main objective of creating value and further increasing customer satisfaction will be crucial in the near future.
Today, there is indeed a need to direct technology toward two priority themes for retail: digital transformation and sustainability. These are the main drivers that must drive innovative business models so that companies are rewarded, in commercial terms, by the new generation of customers and consumers.
Advanced solutions such as Microsoft Dynamics 365 Business Central play a crucial role in this transformation, enabling more efficient management, better data analysis, and facilitating the creation of personalized shopping experiences.
Digital transformation not only optimizes internal operations but also helps reduce environmental impact through smart resource management.
Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central is a cloud-based business management solution to automate and streamline business processes in finance, manufacturing, sales, shipping, project management, service and more. It is designed to support the management of operational processes more efficiently and to make informed decisions.
Velika is able to customize Business Central so that you can enjoy a complete view of your business data.In fact, its experience and partnership has resulted in the SID ERP solution , the all-inclusive verticalization that leverages the potential of Microsoft Dynamics 365 Business Central for large-scale retailers.
MES solution: Sid the verticalization of Business Central for large-scale retailers
The effective management of a distribution company requires advanced solutions to adapt to the dynamic challenges of the industry. In this context, SID emerges as a reliable and comprehensive partner for distribution companies aiming for operational excellence. Let’s then explore its powerful modular features, custom-designed to improve every aspect of business management.
Accounting and Finance Module: transparency and control Absolute
Sid’s financial core offers a wide range of features designed to ensure flawless financial management. The general ledger accurately records every financial transaction, allowing detailed tracking of income, expenses and budgets. Efficient management of suppliers and customers is optimized through automated invoicing, payment and reconciliation processes.
Financial planning becomes a breeze with detailed budget creation, allowing total control over costs and efficient planning of financial resources. Tracking of inventory-related costs, stock levels and available inventory is precisely managed, providing a clear view of resources.
Advanced financial reporting tools provide detailed dashboards and analysis, while invoice automation simplifies the process of issuing, sending and recording invoices, minimizing time and errors. In addition, Sid ensures tax compliance, avoiding penalties or legal problems, and implements an advanced security and access control system to protect sensitive financial data.
Sales Module: maximize sales opportunities
The Commercial module is designed to simplify the management of industrial contracts, rates, promotions and orders. It manages first- and second-level conditions, offering automatic management of cost change points. It supports automatic, physical and virtual price lists, with simulations on Price Groups and multi-platform.
It enables the creation of predefined flyers and manages supplier promotional plans, while transfer contract management offers a complete solution for reward system stores and supplier order management. With detailed directions for each order line, calculation by Document, Commercial and Net Cost becomes a clear and efficient process.
Module Cedi Logistics: optimizes the supply chain
The Cedi Logistics module offers advanced tools for orchestrating and managing complex logistics operations. Scheduled delivery and receipt schedules enable advance planning of activities, while support for management across multiple depots and platforms ensures a unified view of activities.
Automatic allocation optimizes resource use and distribution of goods, ensuring efficient distribution. In addition, inventories can be viewed in real time to ensure inventory accuracy, and interchange management of collection media ensures efficient workflow for pallets, roll boxes, and isothermal containers.
Online scheduling and booking of discharges, along with acceptance via EAN128 and feedback with authorization management for discrepancies, simplify the receiving and storage process.
Cash & Carry module: manage your cash & carry efficiently
The Cash & Carry module enables accurate and efficient management with advanced logistics capabilities. It includes automatic allocation management, suggested lowering, inventory and self-scanning. Cash barrier management offers fast checkouts with EAN reading, pre-bill printing and self-scanning via the “Supersole” app.
Rebilling module: customize workflows to maximize profitability
The Rebilling module is specialized to adapt to industry-specific needs, enabling the creation of customized workflows. It simplifies the re-billing process, ensuring high accuracy and control. The dissemination of price lists and offers through a web server, along with real-time profitability monitoring through customizable dashboards, ensures informed management of operations.
If you would like to take your company to the next level and take full advantage of Sid’s potential, contact us today to get more information and begin your journey to distribution excellence.
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