POS Software Replenishment for Multi Stores
ProphetLine’s Corporate Level Purchasing gives retailers more order processing flexibility. Multiple store replenishment requests transmitted to corporate may be pooled into one purchase order, allowing retailers to take advantage of larger order quantity discounts, or transmitted to vendors as an individual purchase orders. Vendors then fulfill the order as floor-ready merchandise by drop shipping to remote locations or sending to the corporate location for automatic transfer allocation. Inventory is received by accepting the direct vendor shipment or the corporate transfer and both the corporate and store inventory databases are updated with the actual quantity shipped.
Corporate Level Purchasing enables the retailer to cut costs by reducing excess inventory stock and increase competitiveness by preventing stock outs. ProphetLine’s Corporate Level Purchasing and Reporting, built into their POS Software, can minimize inventory stock to sales ratios by allowing the retailer to truly manage Just-In-Time inventory replenishment for multiple profit centers; thus lowering total inventory costs and increase your margins!