Better managing inventory levels in your convenience store is something that will immediately impact the profitability of your business. Gone are the days of reconciliation in Microsoft excel and the stress of balancing cash drawers. Whether you are a single or multi-store operator, better convenience store inventory management is more attainable and more critical to have than ever.
If you are not using cloud-based store automation products to manage your convenience store inventory list, here’s what you are missing out on.
If you are using some form of automation product, we have an additional solution that integrates with virtually any back-office. Automate the Manual Entry Process of Paper Invoices by converting them into EDI Electronic invoices in 60 seconds or less! (More about this later in the article.
Adding Convenience Store Inventory Software
The most critical aspect of an effective inventory system is the Electronic Price Book. EPB’s are a centralized listing of all active products in your store and hold easily sortable data points relative to every item sold through your POS system.
Price Book Creation
We understand that one of the biggest obstacles for independent retailers in implementing a back-office system is the price book creation. Every aspect of a successful back-office is dependent on the accuracy of the price book. That’s why we work with you on-site to create your price book and guarantee its accuracy.
What to Expect
- We’ll Conduct a pre-installation site survey.
- During the survey, we’ll scan all items in your store and assign a shelf price, product description, UPC/SKU code.
- We provide a guaranteed scan rate of better than 95%
- We’ll insert your current vendor cost, package sizes, and order numbers
Automating C Store Inventory Management
Adding or improving your electronic price book with a product like ePB Suite™ will add total functionality to your back office system and help your store run effortlessly. Whether you need an entry-level solution geared toward margin control or operate multi-site locations and need in-depth store sales reporting, we’ll help create the perfect ePB for your operation.
From wet stock management to computer added ordering (CAO), ePB Books™ will manage all of your day-to-day operations like daily reconciliation, inventory control, store merchandising, and compressive store analytics. Our customers have seen their store revenue increase between 3 and 12%.
Gain increased insight into store information such as:
- Vendor source
- CPU or cost per unit
- PPU or price per unit
- SKU Number / Unique Identifiers
Once your price book has been set up, it can be set to update remotely through vendor databases ensuring that it maintains accurate pricing data for more efficient ordering and convenience store inventory management.
Automate the Manual Entry Process of Paper Invoices:
Already using a Price Book Tool or some form of Inventory Management?
Through the use of AI, Success Systems® has created the only solution that allows retailers to turn any computer generated paper invoice into an EDI format in seconds. Simply take a picture or scan an invoice with a smart phone, tablet, or scanner and have it converted in a snap! This saves hours of labor and ensures the protection of store margins across the majority of your retail categories.
How Using ItScans-AI cuts labor cost and increases profit:
- Compatible with virtually any back office solution, receive an EDI invoice in about 60 seconds from when you scan your paper invoices
- Eliminate undetected vendor price changes
- Stop manually entering your invoices & improve your margins all while cutting your labor costs in an already tight labor market.
- Receive the most accurate invoice conversions faster than any other solution, eliminating downtime between price changes on register
Inventory Management, POS Solutions, Employee Management & More
For years Success Systems has helped convenience store and gas station owners better automate their payment processing, POS, and back-office solutions. We have an entire suite of convenience store automation tools that are sure to help streamline your business and ultimately increase your bottom line.
Contact us today to schedule a demo and find out firsthand how much we can improve your store performance.
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