Aralco Retail and POS software use the weighted average costing method for perpetual inventory where stock movements are continuously updated by the central database server as and when goods are sold at each POS, goods received from suppliers or transferred between locations, adjusted, or written off.
Therefore, Aralco provides your employees with real-time data on inventory status so that store managers are able to ensure optimal stock level at each location while store employees can instantly interact with customers accurately on any stock query.
Over the years, Aralco has successfully helped different retail sectors to enhance the inventory software with unique features to meet their requirements.
Today, Aralco Retail Systems is capable of managing any inventory types no matter how complex they may be:
- REGULAR INVENTORY
Create SKUs without the need for a unit of measurements (UOM), this also applies to products created to sell services such as repair, shipping fees, etc - read about inventory lookup on a regular product.
- COLOR & SIZE (4D MATRIX) INVENTORY
Create SKUs with color and size dimensions keep your apparel and footwear inventory organized and allows for fast retrieval of data on inventory status and sales performance of styles and its dimension values. Aralco supports 1 to 4 dimensions per style - read about inventory lookup on size and color dimensions.
- SERIAL NUMBER INVENTORY
Create SKUs requiring mandatory input of unique serial numbers for each stock unit, and this enables stock count by serial numbers as well as the fast lookup for the date of purchase by serial number for warranty check - read about inventory lookup on serial numbers.
- WEIGHTS & MEASURES INVENTORY
Create SKUs with definable UOM for Purchase, Inventory, and Sell Unit for example Carton of 100s, Kg, Liter, Meters - read more about measure setup and inventory lookup.
- EXPIRY INVENTORY
Create SKUs requiring to record inventory and sales by Expiry Date. This enables tracking of expired SKUs for removal from the stores or preparing markdown prices for expiring SKUs - read more.
- LOT/BATCH NUMBER INVENTORY
Create SKUs with definable Lots or Batch Numbers for traceability so that if it turns out that a specific batch was defective, you can quickly locate to recall all affected items - read more.
- FABRIC CONFIGURATOR INVENTORY
Create SKUs such as a sofa with multiple non-stock options such as fabric choices, leather grades, colors, leg options, etc. The cashier simply selects these options for the sofa when prompted by the Aralco POS which provides the incremental price jumps (for each option selected) - read more.
Read about BOS Inventory Lookup & Stock Movements