Inventory Management Location Point of Sale Shrinkage 
I Vend
AUGUST 6, 2023
Using your point of sale system to track performance, across every element of the retail operation, has never been more important. Inventory management – metrics such as stock turnover levels, and days of inventory remaining can be used to accurately plan purchasing and replenishment strategies and minimise the chance of stock outs.
Retail Times
MARCH 30, 2021
It’s best to use a point-of-sale or inventory system that automatically modifies inventory levels as you ring up sales, so you won’t have to worry about manually updating your database. Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place.
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