A decision support tool that provides visibility to inventory costs? Yes, and it is critical to optimizing your profits.
Manage your costs and know the value of your inventory with Values.
Product costs, particularly supermarket inventory costs are constantly adjusting based on market availability and vendor influences. You need to be able to manage every component of product cost for each inventory layer, automatically. You need to streamline your processes by triggering events (receiving, shipping, etc.) for each component of cost, automatically. And finally, you want to close the loop with your general ledger and account payable software and generate accounting for each event, automatically.
Review actual gross profits generated by sales for each inventory layer and review anticipated gross margins by inventory layer with current or proposed cost. Always have a guaranteed margin for all your products. Track your entire inventory for Floor Stock Protection coverage and interface with your legacy systems. This is the knowledge and confidence that you get when you utilize Values to track your inventory costs.
Real-Time Inventory Valuation. Track all your components and layers of cost and have your products valued for each event in your company operation.
- Manage quantity and cost for product life cycle
- Generate corresponding accounting transactions
- Maintain real-time history for query
- Categorize inventory by type
- Ad-hoc cost component update
- Real-time interface audit on all transactions
- Configurable end-of-day cut-offs for reporting
Floor Stock Protection. Generate floor stock protection for all your inventory based on price fluctuation and recent deal moneys
- Capture allowances, price declines & late entered deals
- Generate floor stock protection by vendor for buyer review
- Manage floor stock by: buyer, vendor or product
- Daily register for receipts, adjustments, sales & misc.
- Roll forward reporting for previous 7 days
- Gross profit & projected gross profit
- Margin protection
- Floor stock protection status
- Increase productivity with automation and work-flow
- Visibility into inventory levels and cost with extensive reporting and screens
- Automated margin protection reporting with associated accounting
- Gross Profit and Margin reporting