POSibolt Answers

POSibolt answers to the problems faced by retailers

Problems

  1. Cash pilferage – employees (Theft, overcharging of customers etc.)
  2. Inventory
  3. Employee or customer pilferage.
  4. Loss due to measurement errors
  5. Vendor undersupply, loss in transit.
  6. Product expiry, damage
  7. Overstock, Out-of-stock (sometimes on the same day in different stores!)

POSibolt Answers

  1. Cash Pilferage
    Instant monitoring of cash in various terminals, enabling random checks and accurate end of day accounting.
  2. Inventory Pilferage
    Random daily stock takes (Can be customized to force more frequent checks on high value, high risk items)\
  3. Understock/Over stock
    See inventory turn reports by product or product category
    Fast moving and slow moving item reports
    Re-order reports based on sales history and lead time.
    Lot number and expiry date tracking

Problems

  1. Competitive pricing
    1. Too low and losing on profit
    2. Too high and losing customers
  2. Cash flow
    1. Credit customer receivables
    2. Vendor payments.
    3. Dead or slow moving stock
    4. Capitalising on vendor promotions.

POSibolt Answers

  1. Competitive pricing
    • Ability to set up promotions on quantity or based on customer profile or on time/date or combinations of above
    • Item wise profit report
  2. Cash flow
    • Ageing reports
    • Tracking payment history
    • Ability to give discounts on early payments
    • Ability to give discounts on early payments
    • Ability to identify stocks with low inventory turns

Problems

    • Non-standard procedures across multiple stores
    • Re-entry of product information, prices, currency exchange rates etc. at each store, causing manual errors or overheads of transferring files and uploading them at each site.
    • Stock transfer requests being generated and sent manually (Phone, fax or e-mail), causing delays and errors.
    • Inability to see stocks at other stores (To guide customers to other stores or satisfy their needs by stock transfer)

POSibolt Answers

    • Uniform look and feel across all stores.
    • Central entry and updation of product info, prices, promotions, currency exchange rates.
    • Stock transfer requests can be generated by each store and system forwards the request appropriately, keeping track of changes till material arrives at the store.
    • Ability to check stock position of an item at any store from any PoS terminal. [Can be disabled for store that do not want this]
  • Chipco Solutions LLC

    IT Infrastructure project started in AL ONWAN General Trading Cosmetics... Read More

  • Posibolt

    POSibolt offers solutions and captures information that help in crucial... Read More

  • POSibolt is got acceptance from more markets

    Successfully Implemented in Fashion outlets having branches and central... Read More

Our Brands and Solutions