Overview

EPOS REASONS - 2 - TOO LOW PROFITS


Tthe target margin needs to be made, only by tracking all the places that might affect margin will you see why after completing the sale you still ended up with a poor return on your invested capital.


Before

Tills

Before


In any retail business you have to maintain an inventory and set prices. If there are no target margins set by the owner then this allows the staff to use unrealistic sell prices not capable of achieving profit levels. All you end up as is a busy fool working hard but making no money. There is quite often no procedure for recording of stock losses which is also reducing your profit made by sales making it less than you planned.

Solution

Tendering

Solution


The profit margin needs to be maintained from the time of the buyer negotiation, through order and delivery, finishing up with sales. The effect of till price overrides, discounts, promotions and loyalty get captured and monitored; as one badly priced product can effect a whole group. Drill down enquiries help you find these situations. Totally separate to this are losses through adjustments, till returns, wastage and own use which also get recorded for authorising as being within acceptable limits.

Benefits

The setting of target margins means new products or changes go out at the correct selling prices. Barcode labelling ensures the right price gets charged by the till. Operators price changes and stock losses all get recorded for investigation with sales reporting identifying our poor margin lines or problem areas


Faqs

Prices set to make required margin.

Correct prices used by the till.

Supports multiple suppliers who may be cheaper.

Stock losses and wastage controlled.

Low margin highlighting and profit ranking to find errors.