Qashier triumphs with two awards for Fintech categories at Singapore and Malaysia Technology Excellence Awards 2024
The company continues to set standards in the fintech space…
The company continues to set standards in the fintech space…
The company continues to set standards in the fintech space…
In the ever-evolving world of retail chain stores, it’s important to offer a diverse range of products across multiple locations to reach more customers and boost your sales. The strategy does not revolve around just multiplying store locations. It involves building a scalable operational ecosystem that contributes to efficient inventory management across all your stores and ensures stocks are always available.
Many empty shelves spell disaster for retail chain stores. Timely stock deliveries are the lifeblood, ensuring customer satisfaction, maintaining sales momentum, and optimizing inventory levels. This emphasizes the need for a stock management system like Qashier’s stock request feature. But before we dive deep into this feature, let’s first explore some issues a retail business may encounter when using a manual stock management system.
As retail chain businesses expand, using a manual stock request and transfer process becomes unreliable and inconvenient. Imagine your stores running low on essential stocks, your customers getting frustrated with unavailable items, and your lost sales piling up. Not a good scenario, right? Here are reasons why a manual process isn’t practical:
Busy staff may overlook inventory checks, leading to inaccurate stock requests or stockouts.
Misplaced paperwork, missed calls, and buried messages or emails will result in further delays and confusion, leaving the chain stores’ stock requests unresolved.
Even with a timely stock request, deliveries may get delayed, typically due to traffic or logistic hiccups. Merchants face uncertainty regarding the fulfillment of their stock requests due to the lack of real-time data, which leads to anxiety and hinders optimal inventory management.
The warehouse won’t be able to predict future stock needs without a proper record of previous stock requests. Such a situation could cause overstocking or understocking at some locations. When a demand spikes, it can leave the warehouse in panic, resulting in stockouts.
Lost sales due to empty shelves, inventory obsolescence due to overstocking, and eroding customer trust and brand image due to stockouts are some costly issues you may encounter with an inefficient stock management system.
A manual stock management system isn’t an ideal setup, especially for retail chain businesses. It can drain your resources and time, bringing lost profits and huge financial issues in the long run. So what can merchants do to minimize such losses?
Qashier Stock Request and Transfer feature empowers your outlet staff and warehouse managers with an efficient, automated, and easy-to-use inventory management system.
Now, you can easily manage stocks and inventories without having to struggle with complex systems or confusing interfaces. With Qashier’s intuitive Stock Request and Transfer feature, staff members and managers can utilize the following functions and benefits:
With Qashier’s stock request feature, get to experience seamless, automated inventory management across all your store locations. Contact us today for a free demo and discover how QashierPOS empowers your chain’s stores with ease.
Qashier offers multiple digital solutions, including QR code table ordering, table management (F&B), employee management, customer relationship management (loyalty programs), inventory management, data analytics, and track payments, in an all-in-one device.
Qashier promises a seamless setup within 10 minutes, without the need for technical expertise. It boasts a user-friendly interface that is simple for anyone to learn and use. If you require assistance, you’ll find 7 days-a-week responsive technical support from your local team.
Try the Qashier app for free on your own Android device! Speak to us to see if Qashier’s Smart POS can meet your business needs. Schedule a meeting with us here, or contact us at +63 917 QASHIER (7274437) (Whatsapp and Viber) or email at [email protected].