Streamlining Your Wholesale Business With Point Of Sale Software

When most people think of wholesale businesses they will typically picture large and probably dingy warehouse, filled to the roof with goods. Whilst there are still some businesses that fit into this description quite readily; the reality is that the wholesale business has come a long way in recent years. In order to meet ever stricter health and safety regulations, wholesale businesses have had to modernise their warehouse operation to minimise the chance of accidents in what has been a traditionally risky working environment. We have also seen the introduction of new technologies into the wholesale sector; a must for companies looking to survive in the current economic climate. One popular choice has been the implementation of point of sale software, which can provide numerous benefits to the business and their customers.
Stock management:
Perhaps the most important assistance that point of sale software can provide you in running your wholesale business focuses on stock management. By inputting data regarding stock as it arrives in the warehouse you can accurately track the level of stock that you have. This of course means that you can ensure that you never run out of those popular goods. The ability to pullout relevant information on past transactions means that you can also monitor performance levels of specific lines and stock them accordingly.
Account tracking:
Any wholesaler will have to at some point offer credit to their customers – especially new business that are just starting out. It is of course important to record all invoices an accurate manner in order to maintain the balance of accounts. A good point of sale software solution will automatically log new transactions to the relevant account and calculate the balance; removing the chance of human error.
Quick transactions:
In order to keep customers coming back to your wholesalers you want to provide them with the best possible experience. An easy to navigate warehouse is essential, as is the ability to quickly get through the checkout. Point of sale software with integrated barcode readers makes the till area a faster moving environment and reduces queuing time. Again you have the plus of removing human error when inputting prices.
Staffing levels:
Less man hours will be required in all areas of your wholesale business thanks to point of sale software. Less administration will be required, there will be no need to undertake regular stock checks and due to quicker payment processing less open tills will be needed. This of course means that you will require less staff; a saving which you can put towards the cost that having point of sale software installed.
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This post has been written by Martin. Martin has a great experience in wholesale racking and shelving.