Use Jewelry Software To Control Inventory

Use Jewelry Software To Control Inventory



Use Jewelry Software to​ Control Inventory
To predict the​ demand for jewelry items in​ the​ future,​ you​ must have knowledge of​ product performance of​ the​ past .​
And that is​ one of​ the​ important functions of​ a​ well-designed jewelry software program.
Of course,​ no matter how well designed,​ a​ jewelry software program cannot totally eliminate intuition and luck .​
But having a​ well-organized and accurate history of​ sales provided through jewelry software reports,​ will take much of​ the​ guesswork out of​ inventory management.
A jewelry software program will help you​ look at​ a​ number of​ forecasting factors such as​ product history and the​ expected demand .​
The reports generated by your program should give you​ an​ in-depth analysis of​ numbers,​ both for historical sales and ongoing sales curves .​
At the​ very minimum,​ you​ should be able to​ rely on​ your jewelry software reports for 60% of​ your forecasting decisions with 20% based on​ experience and 20% on​ intuition.
Naturally,​ the​ more you​ become familiar with your jewelry software,​ the​ more reliable your inventory planning will become .​
You will never obtain 100% accuracy but 90% is​ an​ achievable goal.
DON'T BE TIMID ABOUT CUSTOMIZING YOUR JEWELRY SOFTWARE
Jewelry software programs are customizable .​
So after purchasing a​ good jewelry software program,​ it​ will probably need some tweaking .​
For example,​ every jewelry store has it’s own forecasting process to​ suit it’s particular needs .​
Therefore in​ order to​ be successful,​ the​ program must work for you...not you​ for the​ program .​
So don’t hesitate to​ adjust the​ jewelry software program to​ fit your exact needs.
You will probably find customizing easy with any of​ the​ top jewelry software programs now on​ the​ market .​
Not only do the​ developers want you​ to​ customize their software but will help you​ do so .​
a​ well-written and easily understood manual is​ a​ must for this activity .​
Lastly,​ a​ good customer support program should back the​ software.
USE YOUR JEWELRY SOFTWARE PROGRAM EVERY DAY
Inventory management should never be a​ once a​ month or​ once a​ week activity .​
You should be looking at​ the​ figures generated by your jewelry software program every day .​
This will help you​ develop a​ more accurate understanding of​ your daily business flow,​ be able to​ quickly spot the​ need for inventory adjustments and greatly increase your forecasting accuracy.
Remember,​ a​ well-designed jewelry software program is​ the​ first step toward reducing overstocks and preventing out-of-stocks .​
You will find it​ to​ be one of​ the​ best inventory tools available for the​ successful operation of​ a​ jewelry store.




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