Inventory Software for Jewelry Stores

Inventory management is the first critical step to a successful retail business. Creating, maintaining and controlling inventory is a top priority in The EDGE software. It is done simply, elegantly and accurately.

Entering Inventory

Inventory is entered into the system very easily. A vendor id, style number, invoice number, cost, retail and whatever details are required by the item being entered is keyed into a very easy to follow screen. Items barcoded by your supplier can be scanned into inventory after they have once been entered into the system. Only when necessary do values have to be overwritten. The retail price is calculated from the cost based on values supplied in the category record but may be overwritten if desired. Values in the vendor record will be used to calculate retail price and will over ride those in the category record.

A unique SKU is generated yet the item is tracked along with all other items having the same vendor id & style # maintaining the ultimate in control and the best management perspective. Stone information, type, color, cut, clarity right up to cert level is maintained for those items when required. Diamonds, colored stones, pearls, jade and opal all have entry fields specific to their requirements.

Controlling Inventory

Physical inventory procedures are built into the system which enable the user to perform a physical inventory of his/her complete inventory or subsets of the inventory using a bar code scanner. Complete physical inventories can be accomplished in less than 1 day and should be performed at least once a year. Higher ticket categories should be checked more frequently.

Case count reports are included which will report on the activity in each case from report to report. Items can be searched in inventory on the characteristics of the item if a tag should be lost displaying images of all matching items.

Creating the ideal Inventory

The software provides reports which show where you are over inventoried, under inventoried, have too much old product, too much product in the wrong price range , etc.

These reports help you to create the most productive inventory possible. The Productivity by Category Report shows which category generated the most $'s and how each price point performed. It is one of 3 key inventory management reports.

Maintaining it

Once you have created your high output inventory, keeping it that way is a snap. By using the 'Never-Outs' and 'Fast Sellers' features of the software along with the Inventory Management Reorder feature you'll maintain this inventory in less than a 1/2 hour per week. No more lost sales to out-of-stocks.

The report shown is one of the mechanisms for keeping your inventory productive. The report contains all items for potential reorder. Clicking on the ones you want will drop them into a shopping cart. The EDGE will produce as many PO's as required to order the selected items. These reports are fed by 5 key components of the store.

Inventory Software for Jewelry Stores

Entering Inventory

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Controlling Inventory

Creating the ideal Inventory

Maintaining it