LumenSoft wins MITEFP OPEN Business Acceleration Program

LumenSoft’s “Candela – Retail Management System” won the top slot in the MIT Enterprise Forum Pakistan  (MITEFP) Business Acceleration Program (BAP 2011). Notable winners of the previous BAP competitions include Sofizar, Vopium, Alchemy, Aerocar, Sofcom amongst other Pakistani companies.

BAP aims to help accelerate some of the participating IT/ITES/Telecom/New Media Companies to the next level by putting these companies through an intense mentoring/coaching program.

Lumensoft proved yet again that its consistent growth and expansion are in line with its mission to automate the SME sector in Pakistan and elsewhere.

Lumensoft’s flagship product Candela is an excellent solution for management of fabric retail business. Fabric retailers have to manage large number of designs changing with different seasons and occasions. Most of the designs have to be managed for different colors. As the number of designs or products increases, the inventory management becomes more critical and complex.

Customer invoicing should be done efficiently to keep them happy and satisfied. Customer invoicing generally requires mechanism to give discount for cut-pieces. Trend reports should be analyzed to know which designs are doing better than the other. Customer loyalty club may be created to keep customers coming back again and again.

Candela has proven track record of helping Fabric retailers in their growth and increased profitability. Candela is working at single location apparel stores and also multi-location fabric chain stores.

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