Count and organize your current stock
A journey of one mile starts with one step. How is this proverb related to inventory management? In moving from manual or sub-electronic stock management system, you need to have current information on your inventories. Having in mind that you did not have a virtual inventory manager, to shift, you have to count your stock items manually.
Regardless of the tediousness of this function, your transformation starts with counting and organizing the current inventory. First, you need to organize your items in the warehouse or store. This means keeping each item in its family or brand. Once you are through with this step, you need to count them. During the process, ensure you record every detail necessary for a particular item.
Point of Sale and Inventory System
b. Assign IDs to each item and record/upload the information at the Point of Sale system
Once you have organized and counted your inventory item, the next step is moving your data to the POS system. This starts with assigning IDs to each item and uploading them to the system. The importance of IDs obviously is the easy identification of your products when customers are making purchases and processing sales report.
If you had already assigned you products IDs in the initial step using an Excel form, all you need is to process a CVS file and upload it to your Point of Sale system without repeating the process. Furthermore, as you upload your inventories, you need to add additional information such as tax percentage, discount rates (if any), and any other relevant data for a given item. This way, it will be easier to manage your inventories without missing any critical information.
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