Managing your stock doesn't need to be a tedious task. If you use retail epos software, you may not be using it to its maximum potential. There are many features available that will help you with settling on quick and smart options in regard with stock. In the long haul, great management could boost profits and help your business be more efficient.
Track Popularity
Entrepreneurs know the key to success and customer's bliss is always having the popular products in stock. Good inventory management means you are keeping the popular items available, and reducing the supply of the not so good sellers. EPOS software can help you with identifying what is popular and what isn't, so you can decide when you restock and order more.
Quick Price Change
Increasing or decreasing your costs by a couple of pounds does no longer expect you to pore over spreadsheets, as EPOS software features allow you to roll out quick changes, even on wholesale. You can leave the calculator behind just entering a simple formula is what it makes a price change.
Automatic Reorder
When you know what is selling well, you have to focus on restocking the best selling items. EPOS software offers an automated reordering system, which enables you to keep the best sellers on the racks and maximise your benefits. Obviously, you would prefer not to let the EPOS software have complete control, in case of any mistake you can make adjustments, but the automatic system gives you an opportunity to concentrate on customers.
Cross-Check Inventory
When you carry out normal inventory checks, you have to ensure the physical items you have available matches the records. Keeping accurate records saves you time, and in the event that you recognize what you have available, you can avoid over-ordering items you needn't bother with. This can help reduce waste and cost to your business. EPOS software will help you in comparing stock records and the physical stock, so you no longer need to check each item. You can also use the software you need to compare invoices and orders, which streamlines your management of the inventory.
