C-Store Office is an internet-based back office system that offers a suite of powerful tools to help you manage store inventory efficiently and effectively. With C-Store Office, you get item-level reports that allow you to see dead items, overstocks and understocked goods by item, so you and your store managers can effectively weed out poor performers and make sure there are adequate supplies on hand of the items that sell well in your stores. C-Store Office also uses the item level data it collects to build automatic orders for you, based not on your manager’s best guess, or what a salesman wants you to buy, but on the actual quantity of items you have on your shelves. C-Store Office automatically projects demand and calculates minimum stocking levels for each item on order. This means that you control store inventory based on your business’s real needs.
Store inventory is a tricky investment and needs to be understood to be administered properly. Unlike most investments which gain value over time, inventory tends to lose value over time. Shrinkage, spoilage and obsolesce are the main factors in the slow steady decrease in value of the items on your shelves. Literally, managing inventory is a race against time.
That is why it is so vitally important to make sure that you have optimal levels and optimum quality in the inventory you stock. When you have too much inventory on hand, it is easier for theft, breakage and spoilage to happen. Conversely, when you stock is insufficient to meet demand, you not only lose a sale, but you may lose a customer, too. Studies show that consumers tend not to revisit retail locations that are out of stock of a given item more than twice. Keeping fast moving store inventory in stock is essential to keeping your customers coming back.
C-Store Office makes it practical and easy to keep your inventory at item-level, too. Automatic ordering will save your managers hours of time everyday on ordering store inventory. The C-Store Office system also accepts EDI invoices at item-level automatically, so your purchases can be tracked at item level. Petrosoft also offers invoice processing for paper invoices, so it is possible to keep track of both EDI and paper invoices electronically without ever having to process an invoice yourself. Even a single store business with scant resources can be tracking store inventory at item level while actually reducing the amount of time the owner spends on managing inventory.
The payoff for managing store inventory properly is huge. C-Store Office customers can cut their inventory levels 30 to 50% in just a few months time. That fees up thousands of dollars every month to drastically improve cash flow and profitability. Store inventory management can make or break a business. Managing it properly with C-Store Office is your key to success.
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