It's amazing how few retailers take full advantage of the POS system they have available. This is crazy.

You invested LOTS of time and money in your POS software. Why not get the most from it?

Inventory is one of the primary areas where retailers miss the boat. It's simple. If you're NOT taking full advantage of your POS software to help you manage your inventory, then you're wasting a huge amount of money and time.

To help you get on track, here are 10 very simple tips that will help you reduce inventory costs, reduce lost sales, and get better control of your inventory:

Don't make these mistakes when you buy a POS system

Overlooking important configuration aspects is one of the most common and critical mistakes that retailers make (even if you hire a professional). These mistakes can cost you thousands of rands in wasted time and money. And even worse... it can frustrate your customers.

If you have retail POS software, you've probably invested significant time and money into the system...

So you better make DARN sure that you're getting a return on your investment!!

How can you better utilize this powerful software tool and make more money?

It's really simple but first we need to lay some ground work and show how you truly can double your profits!!

Did you know that nearly 50% of inventory shrinkage comes from employee theft? It's a bigger problem that most retailers think. And you shouldn't overlook this expensive problem because it can happen to you.

To help you avoid these unpleasant experiences, I'll start by giving you 10 tips to control theft by using your POS system

After entering inventory and categories into your point of sale software (as discussed in our last article), you can use your software to gain more control of pricing, reduce errors, hit price points, and increase your overall profit margin by 1% to 5%!

Here's how...

Your first tip is a very simple, yet very powerful method to increase profits. And it's something you need to start doing right away! Let me explain...