Remove Inventory Management Remove Planning Remove Point of Sale Remove Shrinkage
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Is Your Wine & Liquor Store Stuck in the Past? Unlock Growth with Integrated POS

I Vend

An integrated point of sale captures key customer and sales data, which can be analysed to uncover additional ways to engage customers or increase your wine and liquor store efficiency. Inventory managementManaging inventory in wine and liquor retail can prove to be a big headache.

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The essential metrics your retail POS software can track

I Vend

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.

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How Retailers Meet Tough Challenges Using NVIDIA AI 

Nvidia

Beyond addressing labor shortages, these autonomous stores provide live inventory management and prevent shrink. Store associates are the face of retail organizations, so it makes sense to reduce the time they spend on tasks that aren’t customer facing, such as performing inventory counts or scanning for out-of-stock items.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

The first step to avoiding discrepancies is to implement an electronic (ideally cloud-based) inventory system. 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. Learn More.