Retail Pro® Stock Replenishment

A retailer cannot depend on instinct alone for rapid, accurate response to the marketplace. It is critical for the latest information to be at their fingertips in order to make accurate buying decisions. Not knowing which items and how many to buy has severe consequences for a retailer. Overbuy an item, and you are stuck with worthless product, not to mention your cash flow dries up. Under buy, and you run into lost sales, as well as decreased customer satisfaction.

The ideal solution to these problems is Retail Pro’s Auto Utilities. As part of Retail Pro’s standard package, there are three utilities that will suggest the optimal on hand quantities for each of your items, and then assist you in ordering and distributing your merchandise to their optimal locations. These tools take into account recent sales activity, existing commitments, and current on hand data to assist retailers to make more informed buying decisions.

Retail Pro also offers several easy to use modules where buyers can manually create their own order and transfer documents. New items can be added into inventory directly from the Purchase Order, saving retailers time. Retail Pro also has the capability to use Electronic Data Interchange (EDI) to communicate with your suppliers for improved order accuracy, speed, and efficiency.