eFuture Information Technology has signed a contract with Tiens Group to provide its mySHOP Retail Business Management System 3.0 to Tiens.eFuture will install the system at Tiens Group's six distribution centers, 100 subsidiary stores, 100 direct- sales stores and 1,000 franchised chain stores, which have a total customer base of over 10 million.Once operational, mySHOP 3.0 will provide Tiens Group's headquarters and subsidiary back-offices, direct-sales stores and franchise chain stores with procurement, sales and storage management capabilities. The business management system will offer flexible and accurate operational analysis and decision-making data, supporting membership management such as purchase-based membership points, and allowing Tiens Group's headquarters to better evaluate individual store performance.eFuture will first deploy mySHOP 3.0 in a pilot stage covering Tiens Group's four subsidiary stores, four direct-sales stores and 40 franchised chain stores in China and expects the pilot stage to be operational by December 2008. After the completion of an initial rollout, eFuture and Tiens Group expect to further collaborate to complete a nationwide expansion of the system to a further 96 subsidiary stores, 96 direct-sales stores and 1,000 franchised chain stores in 2009.
Authoritative analysis and perspective for every segment of the payments industry
Authoritative analysis and perspective for every segment of the industry
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