Reduction of Inventory
One of the biggest problems many liquor
stores have is too much inventory! Money
is tied up in merchandise that sits in the
basement for months--sometimes years. The
most important, money saving feature of
SPIRITS 2000 is the reduction of
inventory. Every time a product is sold,
that sale is recorded. This history reflects
your store's product movement. The purchase
order module uses your sales history to
tell you what products you need to order
and how much you need to order to get you
through the next selling period. In other
words, you want to purchase items that should
sell immediately. This becomes an invaluable
tool because you make money according to
how you purchase. In order to increase profits,
your money needs to be working for you.
SPIRITS 2000 brings your inventory
down to a workable level.
Accurate Pricing
Keying errors at the cash register and pricing
label errors can cause significant dollars
lost due to products being misprinted/under
priced. SPIRITS 2000 ensures accurate pricing
for every scanned item due to the fact that
management controls pricing through the
back office system. Once in place prices
and/or price changes for every item are
in place at the cash register, thereby removing
any opportunity for clerical error.
Reduced Shrinkage
Shrinkage contributes to loss of revenue.
SPIRITS 2000 increases your ability to identify
and reduce shrinkage. You can pinpoint whether
the shrinkage is coming from the sales floor
or the "back door."
Out-of-Stock Elimination
Out-of-stock items in the retail liquor
industry can account for lost sales. The
ability for you to do both sales projections
based on need (sales) and setting minimum
levels for each item will eliminate out
of stock items.
Inventory Management
SPIRITS 2000 provides store owners
with all the required data and information
to more effectively manage total inventory.
Through comprehensive inventory reports,
inventory levels can be maintained which
are close to the actual sales levels for
each individual item.
SPIRITS 2000
should allow you to identify and replace
your slow moving or less profitable items
with faster moving and/or more profitable
items.
Reduced Labor
Experience with the use of
SPIRITS 2000
indicates the amount of time and effort
to effectively operate a liquor store can
be reduced significantly. Typically, the
savings will come from reductions in the
labor hours required for pricing and inventory
handling needs. You are no longer required
to put price stickers on individual bottles.
Labor costs represent one of the greatest
expense areas in the liquor operation.
Improved Customer Service
This area may be difficult to quantify but
it is certainly important to mention and
does result in an increase in sales.
Customer service would improve because:
Best Price
