Understanding your flow of inventory is at the heart of revenue management for retail, food and beverage and ticketing operations.
The easiest way to pad your bottom line is to control your costs and plug your leaks.
Software for tracking your cost of goods sold – COGS – helps you understand what you need to make from every item you sell.
When you have a single source of inventory for all sales channels and reporting, you can sell more and track it better.
When you have the tools available to track your inventory, you can report with accuracy and make better decisions on how you sell.
Create a Purchase Order to order more product from a vendor. The order can be automated to send directly to the vendor.
Keep track of all the vendors you work with, their terms and agreements, and track invoices received from each one.
Manage contracts and send payments to third-party vendors, and easily report on transaction history with our accounts functionality.
Match the SystemCount and the Physical Count, review all products logged by Receiving via RocketScan, and easily transfer product from one sales office to another.
Report to show current inventory, cost value, expected sales value, gross margin, and gross margin percentages.