Dynamics
Point of Sale
Inventory
Processes.
There are may
ways to do
inventory.
You can use
counting sheets,
or the
revert back to
adding
prices together and
compute the
gross sales than
the cost.
The problem with
this approach is
that the
retailer has no
clue what
products are in
inventory, and
how old are the
products or the
store shrinkage.
The
correct way
to use a
counting
systems is to
group product by
products. A
counting system
is design to
capture the high
ticket item to
make sure your
inventory is
accurate.
Counting systems are design on the 80- 20 rule
(80% of value is in 20% of inventory) Counting
systems group i nventory into at less 4 classes
A - B - C- D inventory. Class A is the most valuable
item and are counted every otherweek Class B and
C are counted every 3 and 4 weeks Class D is counted once
a year or estimated 80 percent ofthe storeinventoryvalue is inClass A - B (in some cases C).
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