Shopfloor FOCUS: STOCK MANAGEMENT
The s ock change
The stock exchan
An inviting retail store is all 30
An inviting retail store is all very good, but if the business
very good, but if the business systems behind the scenes
systems behind the scenes aren’t operating efficiently it can e, we
Advanced Retail system from Calculus Software Solutions…
aren’t operating efficiently it can let everything down. Herlet everything down. Here, we learlearn more about the NCompass
n more about the NCompass Advanced Retail system from Calculus Software Solutions…
within the same system, and place their order at the touch of a button.
Stock management plays a vital role in helping retailers ensure they are being efficient with their stock holdings, while also helping improve both customer service and profitability. The NCompass Advanced Retail software package from Calculus Software Solutions is designed to help retailers of any size to run all aspects of their business from one spot, including complete stock control. Sales, deliveries, customer accounts and even your website can all be managed through one system. Cliff Walton & Sons in Rhayader, Wales is
a growing family-run business established in 1972, now run by Cliff Walton’s sons Joe and Chris. In 2023, they took the leap and started using the NCompass system to further support the growth of their business.
“For 40 years my stock management system was in my head! I knew how much stock cost, the retail prices and how profit was made but it was only myself that knew this,” says Joe Walton. “With the installation of the system, we now have complete control and visibility of every item that comes through the door. Now all my staff can find out what stock we have, what colours are available, and the cost – it’s so much more professional.” As well as searching by model number,
barcodes can be used to scan out smaller items at the till, allowing for easy tracking of stock levels. Triggers can prompt you to order more stock when you start to run low, meaning you never risk selling out of customer favourites. The system even links to many major suppliers so retailers can see the supplier stock availability
For larger items, you have the ability to give each one its own unique barcoded label, printed as you book the stock into the system. Scan that barcode onto the NCompass system and you are given a full history for that item, showing when you first ordered it, when it was delivered to you, the exact price you paid for it and any other key information you may need to know. It’s not just team efficiency that can be boosted with a digital stock management system – customer service can also be massively improved, as Mr Walton explains: “I was a dinosaur before we had this; we had a job book with everything written down, but now we have it all at the touch of a button! “A lady came in recently saying she’d mislaid the invoice for a washer she’d just bought, so I asked her name and address and within one minute I had a copy of the invoice printed off for her. This would have taken us ages to find the old way! We are still learning but I will never regret going with NCompass for our EPOS system.” Mr Walton and his team have also benefitted
from having their stock management system integrated with their new website, provided by Calculus, opening up another sales channel for them…
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