Effective stock management in retail relies on having access to extensive sales history. Users of our Tower Systems software can store as much sales and other history for stock items as they wish. In our own retail businesses we keep five years of data. We know of retailer who keep as little as a year. Most keep between two and three years.
The key with keeping historical data is to use it. Our software has some excellent tools for using this historical data to help guide good business decisions.
We have found that our users like the flexibility on how long they keep their data. Hoarders love that they are not forced to let of do data they want to keep. As with any good software, users have the control.
Years of stock history does not slow the system down. Thanks to smart up-to-date technology we can manage masses of data without a speed delay.