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Inventory Master

Inventory Master - Why do I need it?

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Why do I need Inventory Master?

Inventory Master helps to free up the money you have tied up in unnecessary overstock to be reinvested in your business. Unsold items on your shelf represent money you aren’t earning.  That money is tied up in a product that often times may not even sell this year, let alone before your next order.  As an example, if you have $500,000 in inventory at cost in your business, and only 1% of it is non-productive, or "dead", that's a value of $5,000.  If the average turn ratio in your store is 2.0, and you run a front door margin of 45%, then that dead inventory could be costing you upwards of $16,000 a year.  In reality, your percent of dead inventory is probably higher than that, your inventory value is probably higher than that, your turns are probably faster than that, and your margin is probably greater than that.  The moral of the story?  Your dead inventory is probably costing your a lot more than that!  If you had any other unnecessary expense costing you more than $16,000 a year, wouldn't you get rid of it?  It's time for Inventory Master. 

In addition, predicting the products you are going to need in your store isn’t easy.  Managers with years of experience have a leg up on others, but even the most observant employees, managers, and owners, can’t track the sales patterns of every item in stock.  Inventory Master finds those patterns for you.  Sales histories and current trends allow the program to set accurate order points for all of the items you sell.  With Inventory Master, you don’t have to worry about running out of popular or seasonal items.  Your customers can count on you having the products they need when they need them.