Gift and Novelty Stores
Your Inventory Is Your Business; Make Use of It, Intelligently
In the grand scheme of running your gift and novelty business, managing your inventory is supremely crucial as it is what your business is defined by. Our POS system, leveraging the capabilities of cloud technology, will provide you with the breakthrough you are looking for to efficiently manage your inventory.
Time is money and opportunity. Our state-of-the-art POS system will help you save a lot of the time wasted at the back office tracking individual employee sales and the best sellers by effortlessly scanning the UP Code and automating the reorder process.
Further, the POS system is designed with great care that it will present you with all the details you ever need to manage your inventory whenever you need it anywhere in the world—even when you are on a vacation in Malibu.
What’s your inventory turnover rate, again?
The inventory turnover rate lets you know how swiftly you are able to sell your inventory off. This is an important sign indicating the success of your business. You only need two figures for this; the total cost of the goods sold in a period and the corresponding average inventory at hand. The number you get when you divide the total cost of goods sold with the average inventory at hand is your inventory turnover rate. If you make efforts to improve the turnover rate, it will simultaneously improve the profit.
There’s no guarantee that our POS will improve your turnover rate; but what can it do?
Our POS system will render you with all the essential details about your sales and inventory management reports integrated in the system. It empowers you to run your business better; it will provide you the business intelligence and insights you need to improve your turnover rate. Wondering how much difference you will make in your profit by increasing your turnover rate by a single percent? That’s a good way to begin.
Our cloud-based POS system will also provide you the opportunity to integrate with your online shopping cart helping you effectively leverage your online customers. This will never bring you the dire situation again of cancelling the order just because the online inventory did not synchronize with the system you have in-house.
This brings about the next most important question; what do you do about the sales happening in your store? Can a POS system really impact the sales driven in your store?
All of your staffs may be given various hand-devices that will display real time inventory, render them with adequate product recommendations according to the existing selections of the customer and mold product suggestions per their prior purchases.
