Retail Store Lifecycle Management

Lx Retail Store Lifecycle Management (SLM) was created by retailers for retailers. Using the expertise of our founders and over 11 years of designing, developing and implementing retail technology, we have designed the most intuitive, feature-rich Enterprise Store Lifecycle Management system for the retail market. With our low per store pricing, QuickStart® implementations and intuitive configuration tools we can deliver a Store Lifecycle Management solution in weeks that fits any size budget. We also have special pricing in place to replace Accruent SLM, which was built on Lucernex SLM version 3.71.
Store Lifecycle Management Software Benefits

Retail Store Lifecycle Management Software

 

Key Processes

Strategic Market and Portfolio Planning

Revenue Goals, Target Market Identification, Market Planning, Franchisee Market Segmentation, Forecasted vs. Planned vs. Actual Openings, Demographics and Performance Criteria

Portfolio and Prototype Management

New Builds, Re-Los, Renovations, Closures, Surplus Property, Dispositions, Multi-Facility Programs, Lease Renewals, Corporate Real Estate and Franchisees; Building Design, Approved Building Types and Specifications, Preliminary Construction Schedules Prototype, Change Management and Notifications

Site Analysis and Selection

Site Demographics and Performance Modeling, Location Comparables, Site vs. Site Scenarios and Analysis, Cash Flow Analysis, Lease vs. Buy, Dead Sites, Site Survey, Site Approval, Site Packs, Lease Negotiation, Proforma Lease, LOI’s, Loan Package, Loan Approval and Contract Execution

Construction and Pre-construction Project Management

Due Diligence, Feasibility, Site Specific Adaptations, Budget Pro-Forma Approval, Permitting, GC Bidding and Bid Award, Milestone Tracking, Task Dependencies, Budget Tracking, Prototype Change Tracking, GC Draws, Permitting and Inspections, Procurement, Merchandising and Pre-Open/Re-Open Activities

Facility Management and Work Order Management

Post-Open Activities, Scheduled and Reactive Maintenance, Work Order Management, Capital Improvements, Asset and Equipment Management, Approved Vendors, Space Tracking, Product Catalog and Inventory.

Capital Project Management

Create Capital Programs with multiple related facilities projects. Auto-generate facility schedules and budgets from the Capital Project. View budgets and schedules at the facility level or rolled-up at the program level.

Lease Administration and Rent Accounting

Administer Contractual Obligations and Compliance, Critical Dates, Lease Terms, Options, Amendments, Responsibilities, Expense Setup and Escalations, Variable Rent, Operating Expense / CAM, Subleases, Co-Tenancy, Payment Transactions (Rent Roll), Insurance Requirements and more.

Lease Analysis

Comprehensive Cash Flow Analysis, Scenario Analysis, Lease vs. Lease Comparisons, Management Reporting, Analysis Charts/Graphs, Produce Complete Financial Report Packages.