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| Key
features & functionality used
by Kenneth David Apparel: |
| E-Commerce |
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Running web store
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operations |
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• Real-time
integration
with
back-end
accounting
and
business
operations |
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• A-Z listing |
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Selling products
online |
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• Full product
selection |
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• Storing
of item
descriptions
in HTML |
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Taking orders online |
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• Real-time
order
creation
in the
back-end |
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• Real-time
order status |
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| Accounting |
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General ledger |
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Accounts receivable |
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Accounts payable |
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| Sales |
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Sales quotes |
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Sales order |
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| Point
of Sale |
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Cash register |
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| Inventory
control |
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Graph inventory
levels |
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Barcode printing |
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Stock transfer |
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| Purchasing |
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Purchase orders |
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Generate/assign
serial |
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numbers on purchase
orders |
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| Remote
Connectivity |
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Direct TCP/IP Remote
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Login |
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Manage multiple
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locations |
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| US
Payroll |
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Automates regular
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supplemental payroll |
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Company
Background |
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By Design
Nine years ago, Robert Chusid, opened
up his first retail store, named after
his son – Kenneth David. With 45
employees, it has grown over five stores
and growing across Fort Lauderdale and
Miami, FL.
Kenneth David Apparel manufactures and
designs mens clothing, providing the
uniqueness of quality, design, price
and the service to customers.
Kenneth David Apparel runs on Everest ERP Software.
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The
Challenge |
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| Chusid first started out with operating
the stores like any business would actually
run. And as the stores multiplied, he
felt the need to start with an inventory
program, to specifically cater to his
unique business; he settled on a DOS-based
program called Fifth Avenue, and simultaneously
used QuickBooks for accounting. “Fifth
Avenue didn’t give everything and
it was just cumbersome. I knew there
was a better way”. While running
on these software, Chusid realized the
real challenge was having easy access
to information. Soon enough, Fifth Avenue’s
company shut down, it was then Chusid
decided to consider alternative software
that would grow and get the best out
of his business. Using the search engines
to find a solution, Chusid took six
months to research and compare numerous
software with iCode’s Everest.
It was amazing because actually at that
time I was a comparing another software,
which was priced around a $150,000,”
said Chusid. “It didn’t take
me long to make a decision based upon
seeing the iCode’s vision and the
good price point too.” |
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The
Solution |
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| Kenneth David Apparel purchased a
twenty-user license of Everest Advanced
Edition in 2000, to manage its chain
of stores and 23,000 SKUs. Right from
its e-commerce to point-of-sale running
on Everest, Kenneth David Apparel now
has greater visibility of what is happening
in the business, which helps to maneuver
the business more effectively. “We
run everything on Everest, because of
which everything is under control.”
Chusid has stopped guesswork-order and
is able to anticipate demand more accurately
based on actual than historic. “Being
that I am a manufacturer, I don’t
have to guess while placing an order.
Before I would |
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order fifty dozen of everything.
But now I stopped ordering fifty dozen and
started ordering based on stock requirements,”
Chusid said. “We have information of
what we are selling and what we have in stock,
which is great.” The company can track
its profitability improvements since having
this insight and visibility. “I look
at it this way, where it shows for profitability,
I look at purchase figures, at inventory and
costs and compare the two,” added Chusid.
Kenneth David Apparel has saved 300% in accounts
payable. “At that time, I looked back
at what I owed and it was $489,000 (in the
year 2002) because of constant purchasing,
imports coming in, etc. And now at the end
of 2003, based upon knowledge and decision
it’s down to $140,000. It shows that
having software like Everest actually gives
me a chance to make a decision based on true
knowledge instead of guessing,” said
Chusid.
Kenneth David Apparel barcodes everything
that goes out of the distribution warehouse.
Earlier, employees would make mistakes while
doing entries during transfer of items. “Now,
in Everest, to try to scan something that’s
not accurate is impossible.” For Chusid,
Everest’s task manager is another big
utility. “It is an excellent tool and
has improved communication across the whole
business,” he said. He has also been
able to cut down and analyze operating costs.
“We are much more fluent with cash than
the previous year.” Another important
insight for Chusid has been is to be able
to look at the profitability of each store
in real-time. “With Everest’s security
features, I can check everything that everybody
does at anytime – at any utility; I can
see them make the mistakes. There’s so
much to it, Everest is just constant,”
said Chusid. |
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The
Result |
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100% return on investment within the
first year |
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Saved $350,000 in accounts payable |
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Ability to run the business more effectively,
thereby improving bottom line |
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Improved operations overall |
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