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Keeping an accurate account of your existing inventory is imperative to running an efficient, and profitable business. This is why Inventory Management is a great idea. With a Revel Systems iPad POS system, business owners can not only keep track of their inventory, but also manage the purchase and reorder process, directly from within the backend management console.
Revel Systems’ iPad POS Inventory Management module is built for business owners to manage their inventory in a very straight forward, easy to understand format. Set up your starting inventory, manage the receipt of new inventory during an inventory tracking period, and track outgoing sales. Once you recount your actual inventory, your Revel Systems backend management console will then calculate waste loss variance, and waste loss percentages automatically, helping you manage shrinkage or loss.
Set up low-stock alert thresholds within the backend, and Revel will automatically alert you once you have passed below a certain level to remind you to reorder. Furthermore, once it is time to reorder, you can easily generate purchase orders directly from within your management console. Store vendor contact information and link it to products, and then use that information to generate a purchase order. Once you’ve received the items in your orders, you can let the system know and it will update your Inventory Management area. Automatically.
"Inventory Management" is part of the Revel POS line of products, developed by Revel Systems.