Ari provides a powerful Inventory Management Software to handle retail business inventory. It has options for addition of products and setting up parameters related to it. Along with the addition of products, you can even track the transactions associated with the inventory.
You can even view the details about different registers related to inventory for specific period. If you own multiple stores, then you can check the register for specific stores as well.
Ari Inventory Management System gives you an option to add all the required features of a product. When you go through the product window, you will find field for adding name, to which store it belongs, its unit of measurement, the category to which it is assigned, the type of the product, the tax applicable on this product, dimensions, profit margin, expiry date, and all the data that you can think of. However, if still Ari missed adding any field that you wish to add, you can go through characteristic page and define a new field.
Talking about the product type, Inventory Management System has provided facility to add kit, assembly, service, and stock items. In a kit, you combine two or more items in a bundle and sell them together. In such a case, cashier will not be to sell the bundled items individually. The cost of the bundle item created is not necessarily equal to the sum of cost of all the items added to the bundle. When there are no sales shown for a bundled item and you wish to sell them individually, it needs to spit them using kit split feature present in the back-office.
There is alternative way which is using the Assembly where you don’t need to split it for sending individual items. When cashier add an assembly items, all its component items are added on the POS. That way, it will allow a customer to add more items to the selected package.
Every item added to the inventory is called stock item. Therefore, an item can be assembly item as well as a stock item in Ari Inventory Management System. The Service items do not have a quantity. They are added when a person asks for a service of any kind which your store provides. For instance, a person purchased an AC from your store. This is added as a stock item. He further asks for installation, then it can be counted as Service Item.
There are five predefined units of measurement provided which are gram, kg, units, pieces, and litres. You can add any other unit of your choice and assign its value as well.
You can even assign valid return days for which customer can bring back the product. Different number of valid return days can be selected for different products.
In case you deal with products such as eatables, medicines, etc, it is important to track their expiry date. With Ari Inventory Management Software, you can get the complete report related to expiry date and learn which items are going to expire soon. With its help, you will know that which products are required to be sold first before they get expired. The expired products will also be shown letting you know that they can’t be sold.
Before you start adding items, you can generate a serial control for them. Ari has offered an auto serial control generator where you need to add the prefix, initial start number, and number of digitals.
After that, you can assign a parent category to the product. This feature is useful to bifurcate the products in various section. At the time of purchase, the cashier can easily identify a product by filtering it according to its product category.
You can even add barcode information to Ari Inventory Management System. At the time of transaction, the cashier only needs to scan the barcode. You can even add an RFID chip to an item for which makes it easier for you to conduct a physical stock count. An RFID chip also enhances the security of your product as if it goes out of a confined space, the scanners can readily detect it.
As Ari’s peripheral support is unrivalled, the POS can be easily connected with scanners and scalers. That makes it functionality of our retail management software unquestionable as you can add any manage any kind product through it.
All in all, Ari inventory management system and supply chain management module helps you make better decisions when it comes to sales and procurement wise. Control your workflow and automate manual processes. Strategize your product purchase and pricing to earn more profits.
The products you have in store are vitally important – they are the reason why customers visit and purchase from you. Hence, understanding what sells and what not, which are the slow-moving items, and which are the fast-moving ones, are really crucial to do well in this retail industry.
Luckily with Web Masters’ Ari Retail Software, you can manage the entire process smoothly with the help of automation and transparency afforded by the system. Using an integrated inventory management software and supply chain management module, you have a clear perspective of how your business is doing and what you need to do next to make it better.