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Point of Sale POS | Stock control software the key to reducing stock losses

Stock control software the key to reducing stock losses

by info@pbsapos.com.au 18. March 2010 03:39

What should you look for when you evaluate stock control software?

 

A. Easy to use comprehensive product management tools
This includes flexible pricing, category/department classification,  support for customer specific pricing and powerful re-pricing tools to make the management of your margins as simple as possible

B. Purchase order generation and management tools
Whether you have a small or large product range tools that show stock that has hit re-order levels and other stock level and purchase order integration tools are vital in a good stock control software solution.

C. Incoming goods
Ability to select the linked purchase order, support for back orders and purchase order adjustments are all important. Another great feature in the PBSAPOS stock control software solution was the ability to adjust the fixed retail price via the incoming goods screen. There also needs to be support for supplier returns.

D. Stock take and stock adjustments
As stock is lost or damaged or moved between locations you need tools to make the stock adjustments to ensure your system remains accurate.  In addition a simple to use stock take module is imperative in any good stock control software solution.

E. Stock Reports
It is imperative that you have reports on stock movement, stock sales margins, stock that needs re-ordering, stock take reports, stock that is expiring (vital for fresh produce stores) and stock that is not moving

For more details stay tuned for my later blogs and find out more about using stock control software to improve your business.

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About the author

Darren is a specialist in point of sale, pos,touch screen and touchscreen systems. Darren speaks regularly at seminars and conferences on the topics of marketing, data segmentation, point of sale systems, how to manage an online store and the power of targeted marketing and loyalty campaigns.