How business management software systems can help you profit from inventory control

摘要

Inventory. It tends to be a difficult subject for many outdoor power equipment dealers. You love the fact that the merchandise you carry makes you money, but hate the fact that it's something you constantly have to monitor. Like it or not, now is the time when it should be a focal point, and here's why: The majority of OPE dealers neglect their inventory, and it's costing them dearly. To put it into perspective, if you misplace $100 worth of parts because you don't have organized bins, or accidentally damage $100 worth of parts because they got in the way, it could take as much as $1,000-$1,200 worth of sales to make up the loss, since the dollars you make come in net profit. There's also a good chance you're paying more than you need to in insurance and inventory taxes at the end of the year because you aren't keeping your stocking quantities lean. Having money tied up in over-stocked items and obsolete parts can cost you more than any other area of your business.