Inventory levels at retail stores seem like something simple to track. In an ideal world, a store would receive a product shipment, put it on display for sale, then customers would buy some units during the day, and the store would have some left at closing time. However, this is not what happens most of the time, since inventory levels can be affected by external factors such as theft and product damage.
Therefore, physical counts are essential to maintaining accurate inventory levels and adopting a mobile app for retail execution is the best way to perform those.
A mobile app for retail execution allows reps to perform physical counts and other in-store activities right on their mobile devices. Additionally, since most retail sales audit software solutions run on the Cloud, office-based supply chain professionals have instant access to audit results, allowing for virtually no lag time between data collection and reporting.
This feature of a mobile app for retail execution is what makes it a key to accurate inventory levels: real-time reporting not only leads to faster product replenishment but also to more accurately detecting sales and supply trends.
VisitBasis mobile app for retail execution makes it easy and straightforward to manage store audits. VisitBasis runs in the Cloud, assuring that your retail data is accessible to managers at any time, from anywhere. It works on common Android and iOS tablets and smartphones, allowing BYOD (Bring Your Own Device) implementation to reduce hardware costs to your company.