As you know, effective inventory management is not as easy as the outsider may think. There is a lot of data to consider. How often does a particular item sell? Does it sell in one season or month more than in another? What quantity do people usually buy this item in?
The answers to these questions allow you to make informed decisions about your inventory investments. Having this information is important. When designing Paladin Point of Sale, our business professionals made sure these needs were completely covered.
As a result our clients have saved thousands of dollars with our inventory management system.
Let’s get specific. How can Paladin Point of Sale save money?
You have all the information.
Paladin’s inventory tab shows you everything. All you have to do is type in a part number and you will have access to:
- Stock on hand
- Return on investment
- Gross profit
- Quantity sold
- Quantity needed
- Typical quantity purchased
- And much more
Everything you need to make an educated decision is right there. No more guesswork. No more guessing optimum stock levels. No more walking through aisles looking for needed items. All the information is in one place in Paladin.
Paladin does the work for you.
Having all the information is great, but that’s not all Paladin does for you. Because all the information is in Paladin, it can do the work for you. You have thousands of inventory items to go through to keep your store stocked. It generates a suggested order report based on proven business principles and your specific sales history. With Paladin you will have the right inventory, at the right time, and in the right quantities.
While you still have the freedom to make decisions, it can really be as simple as printing the report, looking it over, and making the order.
Lower your risk.
As you know, all business investments involve risk. The key is keeping risk as low as possible while generating as much income as possible. We designed Paladin’s suggested order report with this in mind.
One common risk store owners take is overstocking their shelves. Unfortunately, this raises the risk of money-loss and does not necessarily increase sales. Your suggested order report from Paladin will never overstock your shelves. It calculates and forecasts your inventory needs based on each item’s sales history. This lowers your risk while ensuring you have the items you need, when you need them.
Put simply, Paladin does the work for you. And it does the work intelligently.
So what does this mean?
Having Paladin at your fingertips does two things for you. First, it saves you time. No more hours of gathering information. No more walking through aisles. Paladin does the leg work. It even puts all the information together for you in the suggested order report.
Second, it saves you money. Paladin manages your inventory with solid business principles. Also, by giving you access to all the information you need, Paladin makes it infinitely easier to analyze the data and make informed decisions.
Paladin’s inventory management system is a powerful tool that could save your store thousands of dollars. Save money with an intelligent investment in a POS system that is built to be a benefit for your store.