Concessions

Concessions stock control and inventory management

Concessions make stock control, inventory and management that little bit more difficult, Futura's retail software has the answer.

If you have concessions in someone else's store and cannot have your own till:


Accurate forecasting allows us to maximise returns by increasing production, allocating stock to the stores selling lines most quickly and make better use of retail space.

Stephen Spetch, Operations Director, Oneida

Then with Futura you can import sales data from various systems virtually in real time, or post register the sales later, if you prefer. Either way, you can get total visibility of daily or weekly sales and stock, to improve your business and inventory control.

Futura gives you visibility of how each product is selling and analyses supplier performance. By seeing reports via charts and tabs, you can easily see which suppliers deliver on time, their percentage of goods rejected at delivery and the level of discount they offer, giving you the knowledge to negotiate better terms.

Futura can calculate an optimal target stock figure per concession, which can then be used in automated processes to simplify purchase ordering, allocations and replenishments by suggesting actions to give you ultimate control over your operations.

Staff can also capture customer information at the till to suit your requirements and help you increase your customer knowledge to build and maintain profitable customer loyalty.

If brands have concessions within your stores:-


You can offer them the functionality of an integrated POS solution that will provide them with detailed sales data such as item codes and payment information, even without storing their product file in your system. You can easily provide the concession with sales and stock reports to any level of detail. This allows an easier solution in store that fits in with both their business model and yours.

 
Our customer relationship management software, inventory control and POS systems save time, increase sales and margins, while minimising stock.