Web Based Point of sale Systems Simplify Multi Store Inventory Management

For retailers with multiple store locations, managing store operations is a complex task. There are different markets to serve, different staff at each location, and different inventory management needs. The most efficient way to manage all your different store needs is to have all your stores’ data available in one view. A point of sale system (POS) that stores all your store data in the cloud rather than at each individual location on a hard drive provides this capability. Storage in the cloud provides two key benefits. First it means all your store data from multiple locations is stored on a centralized data base. By having your data all in one place, you can access the data for analysis, compare ... Read More

Inventory Count with Inventory Adjustment

For many retailers, inventory control is the biggest challenge for running a successful retail operation. Unless you are a very small retailer with a narrow product mix, keeping your inventory counts up to date can pose a huge challenge. If you don’t keep your popular items in stock for customers, you risk lowering customer loyalty. If you have too much inventory just sitting on your sales floor, you encounter cost to serve. For many retailers regular inventory counts mean taking time away from your main focus of driving sales but it is one of the most important tasks that should be done regularly. Good inventory management practices can influence many things. In fact, strong inventory can help control theft because ... Read More

Stop nourishing thieves, Inventory control is now easier than ever before!

According to the latest Global Retail Theft Barometer study, the global retail industry lost more than $128 billion last year due to the inventory theft, frauds and errors.  On average, this means a loss of 1.29% of total retail sales. Another considerable sum of money is every year spent to prevent this, and may not always be effective. Installing cameras or detectors inside the store is not cheap and hardly ever solves the problem entirely. That is because when it comes to inventory theft, according to the study, employees easily top shoplifters. So what can retailer do to prevent employee theft and stop losing his money? The only reliable method is constant inventory monitoring. However, this is much easier said ... Read More

The Importance of Barcode Management for Inventory Management

Barcodes are integral to managing any retail operation. It is important that your POS has powerful barcode management and generation capabilities built into it. By using barcode technology, your inventory management and tracking will be much more accurate. Posterita solves a lot of problems that stores face with working with barcodes. It’s only one of the features that make Posterita stand out among other cloud POS systems. Barcodes are part of just about every retail operation out there. With Posterita, you cannot only use them more efficiently, you can use them more creatively. Below are some examples of how barcode technology can be used in Posterita POS: Set barcodes Items that come into your store with barcodes already on them ... Read More

A Cloud POS Will Improve your Inventory Management

At any busy retail establishment, it’s inevitable that there are going to be days when customers don’t get through lines as quickly as they would like. Posterita offers a solution to this by providing sales staff with vital information at the touch of a finger. The Posterita POS terminal has a cash sales screen that makes it easy for employees to look up information for customers, to perform complex sales related operations and much more. Information is King Posterita uses a detailed item card for all of the items in its database. This item card gives more than the price. It provides information on inventory, location, and a picture of the item. This allows people to get information for customers ... Read More