Have you ever wanted to ask a supplier for a discount, but thought that you may not have the clout of the "big boys" to make it happen? You’re more likely to get that discount if you present the supplier with pertinent information gathered from your Point of Sale Software System.
Jeff Haefner of Point of Sale Software Buyers Guide suggests that you pull up a sales report from your POS System that summarizes the profit margin totals for each of your suppliers. At a glance, you can see how the profit margin on products from one vendor compares to that of another vendor. Having this information on hand can help you when negotiating with your supplier for a better price. Better prices from suppliers can greatly reduce your inventory costs!
With the right POS System, reports such as this are easily accessed. We can show you how! Call us at 425-672-4806 or email us for more details!