How Lumytic Works

Summary

Lumytic is an innovative ERP system designed to streamline the operations of trading and industry lighting businesses. It simplifies product management, from adding Silver and Gold products to integrating them with your website. The system also enhances sales processes, including price list creation, quotations, and customer portals. Lumytic manages inventory, quality control, and shipping efficiently, while also supporting procurement with RFQs and supply contracts. For project-based sales, it allows easy project definition, BOQ creation, and quotation preparation. With its user-friendly interface and comprehensive features, Lumytic empowers businesses to optimize operations and drive growth.

Takeaways

• 😀 Lumytic is an innovative ERP system designed to manage various aspects of the trading and industry lighting business, including product development, sales, inventory, and shipping.
• 😀 Silver products are added using a traditional process, where users can input product details like category, powering mode, and fitting specifications.
• 😀 Gold products use a more advanced approach, allowing users to create a set of products based on properties like power, CRI, beam angle, and more.
• 😀 Lumytic calculates lumens for Gold products using a unique formula, making it more tailored to specific product properties.
• 😀 Users can easily showcase their products on a website without needing complex coding, ensuring accurate and up-to-date product information.
• 😀 Lumytic supports the creation of detailed price lists, customized sales quotations, and cross-currency pricing options for different markets.
• 😀 The Lumytic customer portal enables users to create and manage orders, track progress, and print proforma invoices for detailed order management.
• 😀 The packing feature in Lumytic allows users to set packing details, including box dimensions, design files, and barcode assignments for efficient packaging processes.
• 😀 Quality control is enhanced with customizable templates, allowing businesses to visually design quality checks and maintain detailed records of inspections.
• 😀 Lumytic also streamlines supplier management by enabling businesses to send RFQs (requests for quotes) directly to suppliers and manage supply contracts with multilingual options.
• 😀 The system supports efficient inventory management, including real-time stock tracking, goods receipts, and shipment tracking for optimal operational effectiveness.

Q & A

What is Lumytic and how does it benefit businesses in the lighting industry?

Lumytic is an all-in-one ERP system designed to help businesses in the lighting industry manage product development, inventory, sales, quality control, and more. It offers a streamlined approach to business operations, reducing manual work, integrating various processes, and improving overall efficiency.

What are the two types of products that Lumytic supports?

Lumytic supports two types of products: Silver and Gold. Silver products follow a traditional addition process, while Gold products are added through a mixer that creates a collection of products based on specific properties like power, CRI, and beam angle.

How does the process of adding Silver products differ from adding Gold products?

Silver products are added by manually inputting details such as category, powering mode, and part specifications. Gold products, on the other hand, are added through a mixer that generates a set of products based on specific attributes like power, CRI, beam angle, and more.

Can Lumytic integrate product catalogs directly into a website?

Yes, Lumytic allows businesses to integrate their product catalog directly into their website. This integration ensures that the catalog is up-to-date and accurate, without the need for complex coding or technical expertise.

What tools does Lumytic provide for managing sales and customer relationships?

Lumytic provides tools such as price list creation, sales quotations (including cross-currency options), and a customer portal. The portal allows customers to place orders, track versions, and view proforma invoices, creating a seamless and efficient ordering experience.

How does Lumytic handle quality control?

Lumytic offers customizable templates for quality control, allowing users to design templates that reflect their specific quality standards. Users can perform quality checks on both product samples and items already in the system, and save results for future reference.

How does the RFQ (Request for Quote) system work in Lumytic?

The RFQ system in Lumytic allows businesses to send requests for quotes to suppliers directly through the platform. It facilitates real-time communication between businesses and suppliers, enabling faster responses and easier management of pricing and supply agreements.

What features does Lumytic offer for managing inventory?

Lumytic helps businesses manage inventory by offering tools for goods receipts, stock tracking, and real-time updates. Users can easily book products and keep track of their stock levels to ensure they have an accurate view of their inventory at all times.

What capabilities does Lumytic offer for shipping and logistics?

Lumytic provides tools for arranging shipments, tracking goods movement, and optimizing loading plans to maximize space and cost-efficiency. Businesses can record all shipment details, including agent information, container selection, and shipping logistics.

How does Lumytic support project management in the sales process?

In project sales, Lumytic allows businesses to define projects, create a Bill of Quantities (BOQ), and match products to project needs. It supports the approval cycle, enabling teams to submit products for approval, and helps prepare detailed quotations for clients.