Take Stock

Your business contains one, perhaps three retail locations and your storeroom is bursting at the seams. You are struggling to keep track of orders and deliveries and losing potential revenue when stock is sitting in the wrong place at the wrong time.

Welcome to IBIS Stock - the simple solution for managing every bag of chips, t-shirt or postcard.

IBIS Stock Module

Used in conjunction with the IBIS Point of Sale system, the IBIS Stock module allows you to easily track stock movement from the time it's ordered until the time it walks out the door. Simple, straightforward processes allow you to manage purchases, credits, adjustments, and transfers with ease.

The module includes extensive reporting providing you with detailed information at your fingertips. Whether you operate a single retail outlet or multiple locations, IBIS Stock offers you a complete control.

Key Features

• Supports FIFO and weighted cost average stock valuation methods

• Handles barcode scanners and prints labels

• Extensive and accurate reporting

• Flexible security settings to suit your business

• Manages consignment/commission supplier

• Manages multiple stock locations

• Built in calculators for determining price margins and purchase quantities

• Build retail packages using multiple stock items and special pricing

• Prints stock take sheets in seconds
  
  
• Email notification of stock ledger issues that need to be addressed

System Overview

Retail Items Screen

The retail items screen is the core of the stock module. This is where details of items are set up or altered and information such as barcodes, unit price, price ex GST are all stored. Features such as margin calculators, price rounding and assigning retail price types for managing fixed, editable or prompt pricing are all useful tools found in this screen.

If you are managing multiple locations, the retail items screen is also where you can easily see how many items are available at each outlet.

Purchase Screen

Follow the screen cues and easily create purchase orders for specific suppliers. Drop down lists allow you to quickly find items for re-ordering and deciding on quantities is a breeze with a handy calculator that determines min/max units based on your historical sales data. When a purchase is complete IBIS can generate a purchase order to send to the supplier.

When the goods arrive simply check the order against the purchase and print your bar code labels if required. Simple as that!

Stock Ledger

Want to see the exact details of your stock? Use the stock ledger screen to quickly check the history for a selected item and retail location. It shows a summary of how many units were purchased, transferred, adjusted and sold. Each transaction generates a unique ledger batch id for stock movement and details such as transaction type, user id and time are all recorded to help you keep track.

Stock Reports

Extensive and accurate stock reporting will help you gain business efficiency. Easily see your sales by hour, day, user, country/region and more using the Sales Statistics report. An Audit Trail report shows details of all adjustments, credits, purchases and transfers. Want to see how many weeks of supply you have for one or all of your retail items or perhaps a grand total of all current stock? Use the stock balance report to quickly find all this information and much more.