A small jeweller business discovered more than $17,000 in dead stock in their business thanks to a smart report in their Tower Systems jeweller software. Simply by running the report in the software the jeweller was able to identify stock on hand that had not sold in more than six months. This allowed the business manager the opportunity of focusing on that stock and treating it differently in order to move it.
Knowing what stock is not working is vital for retailers keen to drive the best possible return on investment they achieve from their investment in inventory. This is where smart reporting in POS software becomes vital.
Jeweller software company Tower Systems backs up its smart reporting with advice, training and other free assistance to jewellers to help them make the most from the opportunity.
Any jeweller using the Tower Systems jeweller software is welcome to use the services of the company to assess business data to show where opportunities like this lie. It’s another free service from Tower Systems.