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How can I manage my stock as a retailer without having a daily physical stock count on shelves everyday? What system is best suited for managing items in a hardware store?

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5 answers

If you can afford it, it would really help if you can invest in software for managing your inventory. Otherwise, you are stuck doing everything manually. Most businesses run on software – pure and simple! Software automates the process and frees you up so you can spend more time servicing customers and promoting the business. Here in the United States, a lot of micro business owners will use Square >

https://squareup.com/us/en/point-of-sale/retail

Square is a simple Point of Sale (POS) software system that runs on your mobile phone. It processes the payment, updates the inventory, and provides online reports showing the balances of every product the business sells. The good news with this solution is there is no up-front investment. They get paid on the back-end through a transaction fee. The bad news is that you must have a very good, reliable internet connection since everything is done online. Also, this might not work in your country if people do not use credit cards when they purchase things.

Since your profile implies that you have a laptop and are not online, then you may have to purchase and install some type of POS software program. If you are not familiar with using software programs, then make sure you choose a program that has good tech support and training on how to use the software. This includes installing and setting up your inventory in the program. There are plenty of retail-oriented software programs such as:

https://www.thegeneralstore.com/ | https://ehopper.com/ | https://www.vendhq.com/ | https://retailedge.com/ | https://www.lightspeedhq.com/pos/ | https://www.epicor.com/en-us/industry-productivity-solutions/retail/specialties/hardware-and-home-centers/

For many businesses, software is the back-bone of how they run their day-to-day operations. Therefore, I would encourage you to look into POS software as a solution to your problem.

Report Matt's answer

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Hello Emma. You could search online the following free apps for point of sales (pos) and inventory management:

  • Square: comprehensive free POS software on the market
  • Imonggo: for businesses that are just starting out
  • Loyverse: for businesses with multiple locations
  • eHopper: for businesses coming from another POS or using a variety of different devices for their POS
  • uniCenta: for tech-savvy business owners who want an open-sourced POS software
  • Floreant: basic option

Source: Fundera by Nerdwallet

Report Miguel 's answer

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Hello Emma,

there is a program called Acctivate this program specialists in inventory management please if you want to know how to work on it you can message me. The learning is always for free ...

Report Eman's answer

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Hello Emma, Do you have a web presence? a internet domain and hosting to be specific. Most hosting packages come with a number of Open Source (free) Enterprise Resource Planning and Management (ERP/M)software applications that can be deployed and configured (with some patience) on your domain. right in the same space as your website

Well implemented, besides inventory management and PoS, the applications can be configured to help handle other important details like Customer Relations, Human Resources, Account management. This way, SCALING will prove to be less of an issue.

The great part about this method is that it will allow you do a proper audit/refinement of all your processes and also allow you to adapt for new processes if necessary. Another good thing is there are no recurrent costs if you are hosting the ERP/M on your current web domain.

I have tested a few of them that I believe can/will work for you. You may connect with me so I can share more.

Warning: it requires a great deal of patience and; a. an appreciable level of understanding of HOW your business enterprise typically runs and necessary description of all elements (staff, goods) b. access to all information concerning the corporate status of a legal enterprise in your home country. e.g. licenses/permits, corporate enterprise, tax information etc

Good luck

DA

Report Dipe's answer

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