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Hospitality / Retail

ROI of Inventory Management

  • October 13, 2015
Hospitality / Retail WhitePaper_Inventory_Management-3

Often, business owners begin inventory management using spreadsheets. But this ineffective strategy grows more cumbersome and dangerous to a business the longer it continues. Spreadsheets are not intuitive, they are easy to put off, they can be deleted, changes can be lost, and
there is no central way for everyone on the team to share information. Perhaps most importantly, you simply cannot track inventory in real-time using a spreadsheet. Why base
major purchasing decisions on invalid and out-of-date data?

Today’s technology allows you to incorporate comprehensive inventory management with your point-ofsale (POS) system.

Categories: Hospitality, Retail
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