Wednesday 28 June 2017

Stock Reports to get a handle on your stock

It is always difficult to analyse and implement balancing stock according to sales. The ability to not run out of high turnover items while not building up low turnover items. With the help of stock control module you can get awesome reports to help enhance your profits and also mange your stock according to sales. Emperium epos software helps you in getting these reports.

The primary objective of these reports is to increase inventory turnover rates, forecast on customers demand, decrease in the sales cycle time and ensure high probability sales which can be achieved by popular products. It will help you to free yourself when it comes to managing of stock.
A brief overview of the emporium epos software reports.

Over stock/Under stock

Look at stock on hand and sales over a selected period, and reports on overstocked and under stocked products. It helps to substantially reduce the amount of stock on hand, as well as avoiding running out of stocks.

ROI (Return on Investment)

The Return on Investment calculates stock turns for products over a selected period. It will definitely surprise how increasing stock turns improves your business model.

Slow moving Products

The products which move slowly report highlights Products that you have stock of, that haven’t been sold over a selected period. You will have to plan for promotions to move slower moving stock.

Cost movement

The cost Movements report help you to compare the last cost of Product purchased with selected date. It helps to show the amount that costs of those Products have changed. The cost change can be reported by supplier. It can be useful in calculating CPI price increases.