Product/commodity management

Manage retail stores effectively

To effectively manage a retail store, it is necessary to have good control of inventory items and products. If you cannot closely monitor the import and export process and do not know the specific inventory quantity, the store owner will have difficulty calculating profits and planning to import goods.

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Use sales management system

Many stores manage products by manual bookkeeping or using excel files. However, when entering data manually, errors can easily occur and data cannot be synchronized and updated in real time, affecting sales.

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6 steps to manage the retail industry

Product Management

  • List of items
  • Maximum inventory
  • Minimum inventory
  • Expiry date

Inventory management

  • List of warehouses
  • Current inventory
  • Total inventory
  • Warehouse price

Location management

  • Storage location
  • Shelf location
  • Location 

Customer management

  • Sales price
  • Customer ratings
  • Revenue
  • Favorite category

Supplier management

  • Source
  • Purchase price
  • Supplier ratings
  • Purchase costs

Cash flow management

  • Aggregate revenue
  • Summary of costs
  • Profit/loss report
  • Cash flow report

Benefits of sales management software in retail management:

  • Large storage space, can store a lot of information.
  • Full and synchronized storage management.
  • Manage the number of exported and imported products every day.
  • Manage shelf life of products and goods.
  • Manage employee information and working hours of each employee.
  • Manage, arrange and rotate goods in the warehouse appropriately.
  • Integrates quick and accurate search and calculation features.
  • High security.
  • Create and export invoices.
  • Control daily sales and income and expenditure.

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