Inventory Management

More Sales and Less Spillage With Proper Inventory Control

Understanding your flow of inventory is at the heart of revenue management for retail, food and beverage and ticketing operations.

Control Your Costs

The easiest way to pad your bottom line is to control your costs and plug your leaks.

Profits Start with What You Spend

Software for tracking your cost of goods sold – COGS – helps you understand what you need to make from every item you sell.

  • Track your inventory based on seasonality, shelf life, and changing trends.
  • Avoid inventory going stale. Track what comes and goes and sell the right stock first.
  • Automate sales and price drops to churn out old inventory as events, promotions, and seasons change your buyers preferences.

Single Source of Truth for Inventory

When you have a single source of inventory for all sales channels and reporting, you can sell more and track it better.

  • Display accurate inventory levels for your retail items whether they’re sold online or in-store.
  • Forecast and order inventory more efficiently directly from your vendor management and inventory control system.
  • Streamline ordering and communication with your vendors from purchase order all the way to receiving and invoicing.

Better tracking for better reporting

When you have the tools available to track your inventory, you can report with accuracy and make better decisions on how you sell.

  • Create custom reports that come directly from your inventory tracking and into your dashboard.
  • Build your reporting to match your accounting system.
  • Report on your products, rates, sales channels, and inventory control variables for a granular look at your revenue operations.

Inventory Management Add Ons

Purchase Orders and Invoicing

Create a Purchase Order to order more product from a vendor. The order can be automated to send directly to the vendor.

Vendor Tracking

Keep track of all the vendors you work with, their terms and agreements, and track invoices received from each one.

Contracts and Payments

Manage contracts and send payments to third-party vendors, and easily report on transaction history with our accounts functionality.

Stock Level Management

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.

Reporting

Report to show current inventory, cost value, expected sales value, gross margin, and gross margin percentages.

Case Studies

Integrated with your favorite partners

RocketRez comes out of the box with integrations into a set of best-in-class technology vendors to help you with payments, distribution, advertising, communication, pricing & more.

Ready to see how RocketRez can transform your operation? Talk to an industry expert.