CAN intelligent inventory management: 5 Tips for good behavior

Traders invest enough time, research and money in choosing the software to be incorporated into their business according to CAN. However, they often fail to fully exploit the capabilities they have already. This time to see how well CAN computer can help manage inventory properly.

Developing a supply orders – pen and paper does not sound like instruments retail in 2016, but some small business owners still write and manages orders from the old fashioned way, and the result – chaos. CAN good computer should allow the business owner to know at any time the necessary elements for a command, such as: the amount of elements necessary for this, or the minimum elements that should be in stock. Thus, when the time comes to reinprospata reserve inventory, you can take a look at the report provided by CAN to evaluate existing stock and decide how many pieces need to order for each product that you need, which is ste total current comanzii and that’s usually amount you order. This saves time, highly accurate and helps to make decisions supported by data.

Bestsellers – tracking best selling item in the store is the foundation for managing all retail sales business. Information is necessary because it dictates what products should “push back” customers, what products will stand in the spotlight and in store windows, and of course, what products have duty to have in stock and how much. Retailers not using CAN intelligent in his possession to monitor these products and ensure that they are always in stock, will suffer the bottom line of his business / line of safety / it reaches rock bottom [n t].

Lost sales – as important as it is to know which products are best sold in the store, it is important to know which products are and are not required to sell, and consequently causes losses. In the context of inventory management, this means to track how many transactions are made, and freq that a sale was not conducted because one element or another customer asked the store not held. Most retailers take into account this important element, but most owners of small shops ignore, and that is a mistake.

Determining inventory levels based on sales history – defining stock fund should be based directly on sales history store. This may sound like obvious advice, but many business owners tend to manage their inventory based on intuition rather than solid information. Orders placed on estimates and not on numerical data inflexible, determined that in most cases, to invest too much money in conservation of stocks, to the detriment of more important business profit engine.

Maintaining Accuracy – balancing inventory adjustment process inventory sheets registered with the physical store is a daily task that dampens activity especially small business owners. Before the era of the procurement intelligence, everything was entirely manual. First task was the store owner to ensure that all data is written correctly, then he had to physically count how many units of each product has in stock, and compare numbers. With an intelligent CAN it is better and easier to maintain consistency between the recorded data and the reality on the ground. When you receive goods from the supplier, it is recommended to compare the number displayed in the purchase order with the actually received. Then check if the amounts provided by CAN ccorespunde reports from those in command. A balanced inventory means less mistakes, less waste and conduct business efficiently.

This post is based on an article published in the original HERE.