Regarding Inventory
I’m sure that you’ve heard that the Northwest and many other parts of the country have been experiencing unusually hot weather this summer. While watching a newscast about this recently, I was stunned to hear that a local air conditioner merchant had sold 450 air conditioning units already this year, and was now out of stock until next year! That means a lot of lost business for the remainder of the summer.
Now I know that the weather is sometimes difficult to predict, but we did have alerts that this was coming. I’m wondering why this merchant’s POS system was not tracking inventory more closely and alerting the merchant to re-order as sales were rapidly diminishing supply.
NCR’s Counterpoint has inventory management features that will help you minimize stockouts. In addition, these features and reports are designed to help you:
Track inventory quantities and transactions
Allocate inventory across locations
Price items appropriately
Bundle items effectively
Encourage upselling and add-on’s
Determine which items are “hot” or “cold”
Increase your returns on investment
Analyze seasonal trends
Improve turn rates
If you’d like more information about NCR’s Counterpoint, we’re here to provide you with the answers you need. Call us today at 800/425-672-4806 or email us. Don’t lose out on important sales. Call now!
Marlene