Automated Stock Replenishment And Its Advantages - PowerPoint PPT Presentation

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Automated Stock Replenishment And Its Advantages

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Stock replenishment at the right time avoids stores from running out of stock It enhances customer satisfaction Business continuity is the result of timely stock replenishment It bolsters relationships between retailers and suppliers/manufacturers – PowerPoint PPT presentation

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Title: Automated Stock Replenishment And Its Advantages


1
  • Automated Stock Replenishment And Its Advantages

2
Why timely stock replenishment is important
  • Stock replenishment at the right time avoids
    stores from running out of stock
  • It enhances customer satisfaction
  • Business continuity is the result of timely stock
    replenishment
  • It bolsters relationships between retailers and
    suppliers/manufacturers

3
Advantages of automated stock replenishment
  • Precise monitoring of store stock
  • Improves the shopping experience
  • Eliminates surplus purchase of inventory
  • Curtails expenses
  • Saves time

4
  • Precise monitoring of store stock
  • Stock count estimation errors lead to delays in
    restocking items at the right time
  • Tracking inventory manually opens up room for
    errors
  • Dedicated automated stock replenishment
    applications use a predefined set of logic and
    rules to track inventory automatically
  • Improves the shopping experience
  • Timely stock replenishment fulfills customer
    requirements
  • Adequate stock in-store encourages customers to
    visit your store repeatedly
  • Sufficient stock in-store improves the chances of
    customers becoming loyal

5
  • Eliminates surplus purchase of inventory
  • An automated stock replenishment system produces
    inventory reports
  • They unveil slow moving stock so you can avoid
    repurchasing them because of the lack of demand
  • Avoiding surplus purchase of inventory saves you
    from exorbitant storage expenses
  • Curtails expenses
  • Replenishing stock manually requires dedicated
    staff to monitor inventory levels
  • Manual inventory tracking leads to errors and in
    turn, unnecessary expenses
  • Automating stock monitoring saves you from
    requiring staff

6
  • Saves time
  • Taking count of inventory by eye estimation takes
    a long time
  • Manual inventory stock evaluation is a mundane
    and repetitive task
  • Automated stock replenishment system tracks stock
    in real-time

7
SmartPOS - the ultimate ASR application
  • SmartPOS is an industry-leading Point of Sale
    solution
  • It packs cutting-edge features for effectively
    tracking and managing employees, sales,
    inventory, customers, promotions, and more
  • SmartPOS uses AI to automate inventory management
  • Using SmartPOS, you can set reorder points. So
    when stock quantity falls below a certain level,
    the software sends out purchase forms for that
    item automatically
  • SmartPOS is fast, responsive, cloud-based, and
    intuitive.

8
Purchase SmartPOS today
  • Visit our site https//smartposwebcom/ to learn
    more
  • Call our office in India at 91-44-6672888 or at
    91-7010989830
  • Call our office in Germany at 49 (0)40 609 410
    932
  • Alternatively, you can email us at
    info_at_smartpoint.in

9
  • Thank you
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