Pstore

P-store, provides an e-marketplace for wholesalers and retailers to participate with manufacturers at a common place whereby they can interact and have an enriched purchase and sales experience (in textile industry) It will be based on three modules Inventory Module: - This will be a real time inventory cloud database which will be updated by wholesalers as well as manufacturers by creating an API for their ERP module Preference Module: - This will be a database of the all preference of manufacturers and wholesalers. Like one wholesaler within a radius of 20 kms, minimum ticket size, order multiples, credit period, annual schemes and many more. Injection Module:- This will be a data pushing system which will push all the information generated on Pstore into their ERP With the help of inventory module P-store will have a pool of demand as well as supply and can match the demand with supply by using the preference module using simple algorithms. And once they are matched an optimum supply using crossdocking and Inventory pooling can be created thus reducing the overall cost by eliminating sales-based commissions and reducing logistics cost Secondly, futures and forward contracts (pre-booking system) will be created for advance orders thus taking care of both current orders as well as advance orders. Also, with advanced analytics and unique solution for their business they can learn the business know-how and industry practices.