BUSINESS SOLUTION - MANAGEMENT INFORMATION

Poor information , so poor decisions

BEFORE:

If you currently use cash registers then collection of meaningful sales information
is limited.

The stock levels are unknown an so key decisions on ordering and restocking
become very difficult.

The usual answer of I don't want to bury myself in paper does not work, as
without quick easy access to information you are just guessing yourself anyway.

Essentially facts speak for themselves , you cannot possible know what has
been sold, delivered, returned or operator adjusted during the working day
just by walking around your shop; but you could from an epos system anytime

After installing Epos - better management information

SOLUTION:

Consider a pyramid structure where products sit at the bottom layer and
on the top is the management reporting.

The summary position needs to show the departmental or supplier performance.

Where differences occur between targeted and actual performance
then you drill down through enquiries and reports to investigate product issues.

It isn’t always all lines that cause a problem, it may be an isolated line
wrongly priced bringing down the margin.

Should you want to you can export information into excel spreadsheet and
analyse it separately.

BETTER INFORMATION

BENEFITS:

Epos tills capture the sales information to help you make better decisions.

The general rule is that 80% of profits come from 20% of the product lines,
and obviously these are the ones we need to be in stock of.

Products can report can day, week, period and year to date totals. This means
that you can have enquires and reports by department or supplier or location.

Real time stock and sales information

Pop up enquiries of one/off situations

Traceability of older invoice sales

Fully developed reports pack

Audit trails of stock and price changes