Inventory Control and Management


Retail Pro Software > Inventory Control and Management


 

Inventory Control

A retailer can’t depend on instinct alone for rapid, accurate response to the marketplace.
Knowing whether an item is moving well or slowly is critical to profitability. Without best-in-class inventory tracking, your ability to respond is limited.

The guesswork is taken out of inventory management and puts you in control. Designed for both soft and hard goods, you can display your inventory in multiple formats, putting all your inventory data in easy reach.

Physical inventory

Doing a physical inventory and receiving new stock using a Retail Pro portable terminal or palm scanner takes only a fraction of the time required for a manual count and yields a far more accurate result.

Studies show that an average of four percent of inventory in retail is lost through shrinkage caused by internal or external theft. The largest source of loss is internal. Routine physical inventories can pinpoint shrinkage and open the door to prevention.
Taking a physical using a Retail Pro portable terminal or Palm scanner takes only a fraction of the time required for a manual count and yields a far more accurate result.
Receiving – an essential part of inventory control

Ordering

What you order is, unfortunately, not always what you get. Over-shipments and vendor substitutions can lead to costly overstocking.

Retail Pro removes the receiving bottlenecks by simplifying the receiving process. As merchandise arrives, the receiving process generates a voucher that clearly displays all the information needed to easily verify the shipment against the packing slip or purchase order.

This one-step receiving voucher process updates inventory quantity, cost and retail, reports any price changes, spots and corrects any discrepancies and produces price tags for the exact quantity received.


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quotesIt is the mission of One Step Retail Solutions to help retailers worldwide flourish and prosper by providing technology solutions and professional services that help them effectively manage their customers, sales and merchandise.