3 Jan 2014

6 Advantages of Using a Stock Control System in a Multi-Branch Business

Manager In Warehouse With ClipboardWhen looking for a stock control system for your multi-branch business, it is important to find a POS software that allows you to operate your retail outlets as one, as well as be able to look at them as stand alone businesses. At Retail Express, we have a POS solution for you, regardless of the size of your operation. There are many advantages of our POS systems, the top 6 are outlined below:

Stock Can Be Better Managed

Effective inventory management software will allow you to watch the movement of your stock in real-time. This will allow you to move stock between retail outlets if need be, ensuring that you are not over-stocked, which can be costly to any business, as well as that you have sufficient stock. Inventory optimisation results in more profits for your business.

Understanding Your Sales

Great point of sale software will give you a very clear indication of what is selling and when. You are able to then use this information to, first and foremost, ensure you have sufficient stock in the right stores. You can also use information from your inventory management system to plan sales, create marketing campaigns and to design your loyalty programs. Furthermore, information gathered from your stock control system can be used to see what sells well together and identify up-selling opportunities, further enhancing profits.

Reliability

Using a stock control system in your multi-branch business is a smart move, as all your data will be centrally stored. Retail Express provides a cloud-based central database where all your point of sale information is securely hosted. This gives you peace of mind, enabling real-time access to all your financial and inventory management systems, anywhere, anytime.

Save Time and Money

Having a single, central POS solution will save you time and money, especially if you have a multi-branch business. This will allow you to watch your businesses, spot trends and create customised marketing plans. It will also assist with business planning in order to maximise profits from each individual branch.

Provide a Better Customer Experience

Point of sales systems provide you with valuable information about buyer behaviour. This will allow you to create targeted marketing campaigns as well as customised loyalty programs. They will, in turn, enhance the overall customer experience, create loyalty and encourage repeat sales. Your POS system will also allow you to plan merchandising and store replenishment faster and with more accuracy, thus providing a better overall customer experience.

Reporting and Intelligence

Point of sale solutions should provide real-time information for single and multi-branch businesses. Retail software ensures you will always have your finger on the pulse, no matter where you are in the world. At Retail Express our POS solutions provide you with real-time customer, inventory, sales, financial as well as staff and supplier information, allowing you to make timely business decisions.

In summary, it is imperative that your multi-branch business has an innovative stock control system. This will improve everything from merchandising and stock control to marketing to the overall customer experience. Retail Express are leaders in the field, with retail software designed to reduce costs, improve efficiencies and grow sales.