POS and Inventory Control

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INVENTORY MANAGEMENT – Receive new inventory – Monitor inventory quantities – Audit inventory accuracy – Transfer items between stores – Create purchase orders – Report on and analyze inventory performance – Track store and employee performance A POS doesn't actively manage your largest expense: inventory. That's why having inventory management capabilities are so important. STOCK ROOM POS and Inventory Management Software are both essential on the sales floor. – Track sales – Collect customer data – Scan items at checkout – Use credit card devices to accept payment – Print receipts POINT OF SALE SALES FLOOR – Monitor inventory quantities in real-time – Re-merchandise or mark down slow moving items – Transfer items between stores INVENTORY MANAGEMENT RETAIL STORE INVENTORY MANAGEMENT Inventory management software is a cloud or computer-based system for controlling orders, inventory levels, sales, and receivables. POINT OF SALE (POS) The point of sale (POS) is the system a retail business uses to process transactions. 800.654.3123 ricssoſtware.com @ricssoſtware POS INVENTORY CONTROL AND If you’re using a POS that lacks inventory management capabilities (or you just aren’t using them), you’re losing out on tons of opportunities to save yourself time and make more money! Take the journey through how your POS and inventory management system work together to make your business better. WHY YOUR RETAIL STORE NEEDS BOTH

Transcript of POS and Inventory Control

Page 1: POS and Inventory Control

INVENTORY MANAGEMENT– Receive new inventory– Monitor inventory quantities– Audit inventory accuracy– Transfer items between stores– Create purchase orders– Report on and analyze inventory performance– Track store and employee performance

SALES FLOOR

A POS doesn't actively manage your largest expense:inventory. That's why having inventory managementcapabilities are so important.

STOCK ROOM

POS and Inventory Management Softwareare both essential on the sales floor.

– Track sales– Collect customer data– Scan items at checkout– Use credit card devices to accept payment– Print receipts

POINT OF SALE

SALES FLOOR

– Monitor inventory quantities in real-time – Re-merchandise or mark down slow moving items– Transfer items between stores

INVENTORY MANAGEMENT

RETAIL STORE

INVENTORY MANAGEMENTInventory management software is a cloud or computer-based

system for controlling orders, inventory levels, sales, and receivables.

POINT OF SALE (POS)The point of sale (POS) is the system a retail

business uses to process transactions.

800.654.3123

ricsso�ware.com

@ricsso�ware

POS INVENTORY CONTROLAND

If you’re using a POS that lacks inventory management capabilities (or you just aren’t using them), you’re losing out on tons of opportunities to save yourself time and make more money! Take the journey through how your POS and inventory management system work together to make your business better.

WHY YOUR RETAIL STORE NEEDS BOTH