Introducing a stock program. Don't need Excel. Charge money. Control stock. Reduce missing items. ✨
Introducing a stock program. Don't need Excel. Charge money. Control stock. Reduce missing items. Easy to use. ✨
Sell so many items that you can't remember what they're selling. The number of products in stock is unknown. Sell only To be rich, you have to manage the shop professionally. start with stock count Check the amount of inventory to manage products in the warehouse prevent product residues
Many people are familiar with stocking with Excel or Access programs. Now forget about it. Because various stocks can be managed through one phone already. customers ask for products Check the stock through the app right away. Don't waste time calling the warehouse No need to count new stock Make it easier to sell to you Today we are going to introduce a product inventory program. easy to use Let's see.
Why is inventory management important?
As we have already said Effective inventory management is very important to any retail or restaurant business. Because you will be confident that your store has enough stock for sale. and if you can't check the stock It will cost your business an opportunity to sell that you can't get back. or result in you wasting money from ordering too many products in stock Therefore, the advantages of effective inventory management are divided into 2 main points as follows :-
1. Inventory management reduces costs and saves budget.
- Prevent Perishable Goods – If your store sells items with expiration dates like food or cosmetics, they are likely to perish or expire if you can't sell them before the due date. Therefore, proper inventory management prevents spoilage and allows you to stock up on raw materials more accurately.
- Preventing non-moving inventory problems - Dead Stock or non-moving inventory is a product that cannot be sold. It could be expired products, unwanted products, out of season products. Or products that do not meet the needs of customers at that time, if the store has too many stocks of this type of products, it will only have a disadvantage and manage the product stock perfectly. will prevent this problem
- Reduced storage costs – Of course, storing goods in the store is also costly. especially when you have to rent a warehouse The cost will fluctuate according to the number of items stored. When you stock too many products or that type of product doesn't sell very well. The cost of storage will be higher. So manage your stock well beforehand. will save money in this section
2. Inventory management improves cash flow
Cash flow or cash flow is the counting of money flowing in - out or cash flowing in the store. If there are more money inflows than outflows this month If you earn more than your expenses, your cash flow will be positive. But if this month money outflows more than inflows If the expenditure is greater than the income, the cash flow will be negative. If the cash flow is very positive, the cash in the store will continue to increase. Conversely, if the cash flow is often negative, the cash will eventually run out. And as a result, the business or shop will not be able to continue in the end. which is the reason
Efficient inventory management is not only cost-beneficial. but also improves cash flow Because stock is the product that you have already paid for. (This may be in the form of cash, check, or transfer) and then you sell them to make money. But when this product is located in the warehouse We can't call it money.
This is why inventory is so important to managing cash flow. because inventory directly affects sales and expenses Because they tell you how much you can sell and what you need to buy. And both factors have a huge impact on how much money you have. In other words, good inventory management leads to good cash flow management.
and when you have a good stock management system You will be able to check the stock accurately. can forecast sales and know when to order more Therefore, this system will not only increase your chances of making a sale. But it also helps you plan your inventory to make sure you have enough stock.
The initial question, of course, is what merchants need to know. Whether you open a retail store such as a clothing store, cosmetic shop or even a restaurant. You also need to know how much raw materials are used. how much is left Because restaurant stock is very necessary because raw materials can expire or lose.
📍What is stock?
Stock (Stock) is inventory, so inventory management means tracking and managing products in the store to fit the needs of customers or fit the sales. This product may be a storefront product or a raw material used for cooking and beverages, and the purpose of stock management is
- Order products that fit the needs of customers
- Reduce unneeded inventory costs
- Reduce the cost of stockpiling products and raw materials
- Eliminate inactive or dead stock issues
- Say goodbye to excessive inventory problems.
- Prevent product expiration problems
- Providing continuous sales
- Support customer/market needs
- Know when to order more products
What is the inventory system?
Creating a stock system Whether using a ready-made program Online programs or even Excel, the results you really want are the same. is to have enough inventory to sell. and to prevent the occurrence of a situation where there are no products for sale or too many products left. until it remains in the stock until it expires or deteriorates warehouse management too Stock program or online inventory system. If Excel is difficult and wastes too much time, I recommend this automatic inventory program.
- does not waste time No need to hire labor and most importantly, because it works with the system, therefore accuracy and accuracy must be more.
- stock program can work with that can shoot barcodes, so you don't have to enter data by hand every time shoot at bar code system to record all products immediately
- Add product images You don't have to sit and wonder what the product looks like.
- Easier because most systems are designed to be easy to use.
📍 buy stock program what to see
Inventory programs cost money to buy, so if we have to spend money. We have to look at the program that we will buy. Can it do everything? Check all the information before making a decision to buy. What does the word "everything" mean? Let's see.
- The system must work online. You can check information on your mobile phone. You'll be able to view your store's inventory anytime, anywhere, even when you're away from the store.
- There is a system to alert the stock is running out. You will not forget to place an order.
- Report on best-selling products You can plan that Which products should be used for promotions or special large orders?
- Must be able to save suppliers we will know which lot of products From which supplier, what is the price? In the future, we can compare the price and the value of each supplier.
- If you sell online Your chosen program It must also be able to manage stock on your website.
- If you are a restaurant, you have to choose a stock program that can tie the recipe to cut stock. For example, if you sell 1 cup of bubble tea, the system should cut stock for you to see how many ml of tea you use and how many grams of pearls are used automatically.
📍 Stock program where to buy
When we find a good place to buy a stock program, we need to find a system that really understands the store and most of the time. A good inventory program will be in the POS system.
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