Factory Optical - POS Software System Success Story
The Factory Optical group as it is now known, commenced operations in
1983 as a single retail optical outlet. Present management acquired the
company in 1999 and in the ensuing 9 years, has steered it to 2,400%
growth (currently at 30 stores). The mandate is to grow exponentially from a distribution
standpoint and as well to integrate itself vertically to a greater extent.
Factory Optical is on the cusp of enormous progress in both areas. After
establishing a Joint Venture with a Saskatchewan Crown Corporation in
2008, the Company is now actively acquiring existing operations,
establishing franchises, is in the midst of an aggressive rollout of high
end sunglass boutiques and finally, it has recently opened the doors to
the largest retail optical store in Canada - a "superstore" concept that
it intends to replicate throughout Western Canada and ultimately into the
United States. The group presently operates out of three Provinces, soon
to be four.
The Factory Optical group has for some time
contemplated the introduction of enhanced systems to manage its significant investment in inventory.
The issue to this point during its prolonged growth program, was to balance investment in revenue
generating assets versus efficiency promoting assets.
In Aralco, we feel we have accomplished both. We had solicited information and
demonstrations from lesser priced alternatives as well as more expensive options, and were immediately
attracted to the prospect of doing business with Aralco, an organization with a clearly demonstrable
enthusiasm for what they do.
While we are in the roll out phase of both the inventory management
and POS components of the software, the proprietary nature of our retail business has necessitate and
will continue to necessitate a large degree of customization and “we are very impressed with the flexibility
and willingness to adapt” that the Aralco development team has demonstrated. We remain strong endorsers of this Company.
Stephen McIntosh
President
The Factory Optical, Optiks International and Eyecandy group of companies
