The POS Software Blog

The POS Software Blog

News from Tower Systems about locally made POS software for specialty local retailers.

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Advice for retailers: Insights ready and waiting when you finally have a moment

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Running a local shop leaves little spare time. Most days go on serving customers, unpacking deliveries, sorting rosters and dealing with whatever else turns up. A close look at the numbers often slips to the bottom of the list.

We built our Insights Dashboard with that in mind.

The dashboard runs quietly in the background of Tower Systems POS software, collecting data from your trading and reviewing it for you. When you do get ten spare minutes with a cup of tea, the insights are already sitting there, ready for action.

The first thing it shows is what’s not working. Some stock simply does not move. It sits on the shelf tying up cash and space, and the dashboard highlights it so you can decide what to cut and stop reordering.

It also shows what you are missing out on. This is a list of items you were out of stock of at times when they would otherwise have been bought. Those sales left the shop without anyone noticing. Once you can see them, it is much easier to adjust reorder levels or talk to a supplier about timing.

Then there is what’s working. Every shop has products quietly doing good work. The dashboard brings them to the surface so you can think about how they might do even better, whether through a better spot in the shop, a stronger display or deeper stock.

Shoppers often buy certain items together, and the dashboard shows you those pairings too. Placing related products near each other makes life easier for customers. Over time, small adjacency changes like this can lift the size of each sale.

Finally, the dashboard can flag patterns suggesting stock may be going missing. Treat this as a prompt to look closer. It gives you somewhere to start that you would not otherwise have.

You do not need to become a data analyst to use any of it. The dashboard does the digging. Your part is to look at what it has found and decide what to do next.

Most owners find that acting on one or two insights a week is enough to make a difference over a year. Slow stock gets cleared, fewer sales are lost to empty shelves and the products already working for you get the attention they deserve.

We are always happy to show retailers the Insights Dashboard using examples that fit their own shop.

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To reach us, call 1300 662 957 (AU) or 0800 444 367 (NZ), or email sales@towersystems.com.au.

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