Achieving Accurate Inventory, Part 2

By: Teamwork Retail

In Part 1 of our series, we discussed the importance of accurate inventory in today’s retail landscape. Today, we will cover how to actually achieve accurate, interconnected inventory that connects to physical and electronic points of sale, allowing customers and ordering systems to effectively control inventory across a digital and brick-and-mortar space.

Inventory Benefits of Cloud Based POS

These may seem like entirely separate benefits, but that couldn’t be further from the truth. Your customers are ever increasingly using their smartphones and your physical location simultaneously to purchase things in either way. For instance, it is not uncommon for someone to purchase something online, then pick up or even return it to your retail location. Your inventory system has to be intelligent and connected enough to handle that kind of up and down traffic, while simultaneously updating your online store’s reflection of that inventory in real time.

This isn’t just some “wouldn’t that be nice” fantasy; your customers expect your digital and physical stores to communicate accurate representations of your inventory, and that all begins and ends with accurate counts and connected online point-of-sale technology.

Exceeding Expectations

By empowering managers to effectively monitor their inventory through their cloud based POS system and running your retail business the way that 21st century people shop, you will stay on pace with or ahead of the curve. While your customers may not outright thank you for having an interconnected system, it will enable your team to exceed their expectations and each and every point of the sale. Building a business for the future of retail shopping requires immediate investment, and that means ditching siloed systems that fall short of consumer expectations.

Reach out to us today to learn what our cloud based POS can do for your business.

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