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Greetings!
It's the end of the year, and holiday shopping season. What can you do to draw in more customers? Additionally, we're going to go over the physical inventory process for your end of year inventory.
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Drawing Traffic
How can you draw a higher share of holiday traffic to your store? Nielsen recently posted a list of suggestions at their blog.
One of their suggestions I'd like to highlight is the first - having food for your customers. Having candy or cookies available for customers might draw them into your store, or put them in a more cheerful mood after a hard day in crowded environments.
A suggestion they don't offer, but that more than one of our customers has been doing, is cross-promoting with other stores. Give away small gift cards through restaurants or others stores, or hold raffles to give away a larger gift card to your own customers.
Consider promoting the sale of gift cards, as well - even just a sign advertising the availability of them can be a huge boost, allowing relatives who may not know exactly what book, or game, or other gift to buy for someone to at least send them back into your store.
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Sunset Announcement
We will be discontinuing all support for ExtremePOS, Musicware, and Praiz versions 2.05.0048 and older on December 1st, 2010, in accordance with our sunset policy. If you are on an older version than this and would like to receive support in the future, please contact us regarding purchasing an update. For more information on our Sunset policy, please visit our policy page.
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Physical Inventory
Doing
a physical inventory can be a very stressful time. A quick review of
the basics of doing it can help, however. A more detailed explanation
may be found in the manual; to access it from within the program on the
main invoice screen go to the help menu and then ExtremePOS Help. For
Praiz and Musicware users, this is Praiz Help or Musicware Help
respectively.
1. Start eXtremePOS and select Tools ->
Physical Inventory -> Desktop from the login screen to enter the
Physical Inventory screen.
2. Select the department(s) you
want to inventory. To inventory your entire store, select "All" from
the Department list box. To select multiple departments, hold down the
"Control" key and click each department you want to select.
Note: While taking Physical Inventory, ExtremePOS will only recognize and count items in the selected departments. Click the OK button. This will create a Physical Inventory database
IMPORTANT:
You will need to COMPLETE inventory in the selected departments before
you update quantities to your store database. At that point, you will
be able to go back and select other department(s) to inventory.
3.
You should select "Continue Counting" to bring up the Count screen and
begin taking inventory. Select "View Depts" if you want to see a list
of departments currently being inventoried.
4. Collect inventory from the Count Screen In order to count an item: 1. Enter the quantity in the Quantity box 2. Indicate whether this is a new or used item by selecting the appropriate option button.
3. Scan the item OR type in the item number and hit OK Information
about the item including expected and actual quantities for new and
used will be shown in the "Last Item Scanned" box. When you have
completed taking inventory, exit the Count screen by selecting "Done".
5. View Discrepancy Report Select
View or Print inventory discrepancy report to see all differences
between expected and actual quantities, and value of any lost
inventory. Note: When quantities are updated, the final
discrepancy report will be automatically saved to your store data
directory under Backup\Reports. The filename will be based on the date
and time the report was created. The program will inform you of the
location and filename that the final report is saved to.
6. Update Quantities Selecting
"Update Inventory" will overwrite the quantities in your store database
with the counted quantities in your physical inventory database. Update
should not be performed until you have COMPLETELY inventoried the
departments you have selected. Quantities will be updated ONLY for the
departments which you have inventoried during this session. It is
recommended that you view the discrepancy report one last time before
updating quantities to verify that you are ready to perform the update.
When the update is performed, it CANNOT be undone. If you find you need
to adjust the quantities after you have already performed the update,
you will need to do this at the inventory maintenance screen.
If
you wish for any reason to discard the inventory taken thus far, select
"Clear Physical Inventory Count". This will delete the quantities and
allow you to restart inventory from scratch. This is primarily
helpful if you are experimenting with the software rather than actually
taking inventory. Be aware that once you select "Clear Physical
Inventory Count", it CANNOT be undone.
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Inventorying Tools
The above process can be done with just your standard wired scanner at your point of sale station. However, we do offer tools to make the process easier, possibly allowing you to do it more frequently and therefore keep a tighter control on your inventory.
First, instead of a normal, wired scanner, you can use a bluetooth-based wireless scanner. This device can go up to 328 feet away within your store and act as a scanner for your desk; you can also use it as a normal scanner the rest of the time. However, you'll need someone watching the computer for any errors (such as the item you've scanned not being set up in inventory, or not in the department you're working with) and you won't be able to use both it and a normal scanner on the same station at the same time. We sell this device for $499.99
The other mobile option is a specialized batch scanner and mobile terminal that can be used to collect a large number of scans and then upload them all together to the inventorying station. You can use these at the same time as the station's own scanner, and at any distance or even in other buildings. In fact, while collecting the data the pos system doesn't even have to be on. You may also, for larger stores, have several in use at any time for an even quicker inventory process. These do not have the capability to work as normal scanners, however. They are about the size of a cell phone and run off of normal AAA batteries. These devices cost $599.99
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For customers on an update plan, the most recent version of the software is 2.06.0033.
Support is ending for versions 2.05.0048 and older of ExtremePOS, Musicware, and Praiz on December 1st, 2010. Get more information
Not supported? Get supported here!
You may view an archive of our emails here!
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Sincerely,
Jeremy Spencer Support Manager
Extreme Point Of Sale Inc
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