Category Archives: Stock Science

Serial Number Tracking with SIMMS

Serial number tracking with SIMMS manages an unlimited amount of serial numbers from the time they are received into inventory until the time they are issued. This information is permanently recorded in the system, allowing inventory control personnel access to a wealth of historical and validation information.

The information maintained by the Serial Number Tracking System is extremely helpful when returning a defective item to your vendor or when verifying a returned item from your customer.

There will be no more endless searching through filing cabinets when you have the SIMMS Inventory Management system. Instead, the information is right at your fingertips, saving you both time and money.

With SIMMS, you can:

  • Assign serial numbers to items during or immediately following receipt of goods
  • Assign serial numbers to your finished kit builds
  • Automatically generate your serial numbers or secondary user serial numbers with ease
  • Drill down and view serial numbers related to items received or transferred and/or sold
  • Easily assign serial numbers for kit components during a kit build
  • Easily assign/sell serial numbers during or following the invoice
  • Easily select serial numbers during an inventory transfer
  • Gives you complete control of your stock
  • Improves returns process
  • Integrate barcode reader for items with serial number barcodes
  • Makes the task of trace and recall easy
  • Serial numbers can be entered/sold randomly or sequentially
  • Report on serial number activity by date, location or serial number
  • Trace a serial number in the system in little time
  • Track specific cost by serial number sold

Whether you manage a warehouse and track serial numbers every hour of your job or wish to analyze sales using serial numbers as a criterion of importance, SIMMS is perfect for your needs. As an example of current software that is both easy to install, easy to use and which gives you access from anywhere at any time on any computing platform, SIMMS constantly evolves and improves based on suggestions and ideas from its developers, its testers, and its users all around the world.

For more on SIMMS’ Serial Number capabilities, click the following link:
http://www.simmssoftware.com/inventory-software/serial-number-tracking.aspx

Data Integrity with SIMMS

The SIMMS Inventory Management system enables users to keep confident of their data and system.

Firstly, backups of SIMMS Installer files should be made each time a service pack or full version is released. This always guarantees you have the tools available to re-establish your installation in case any update to your operating system or its features.

Secondly, your company files (databases) can be backed up as often as one’s in-house IT Department schedules them. If each week sees dozens of transactions occurring then weekly backups are advised and can be performed manually by any administrative user. If your established backup protocol is either more often or less often than weekly, then you can conduct the backup process any time.

Regular backups guarantee the integrity of your data at all times and make for easy restoration at whatever time you want or need to perform one.

Contact KCSI today to learn the simple steps to accomplish true security of your SIMMS system.

Choosing the Right Inventory Person

Far too often companies wait and wait before realizing the importance of having someone serve as their inventory specialist. Inventory is too often handed to someone unfamiliar and unprepared. There is always someone who has the natural skill set to do well in such an important position. Never choose just anybody. Give the inventory tasks to several within your organization and you’ll soon discover which person has the natural talent. The ones with ideas for improvement and the ability to both voice and implement the ideas are a valued asset to your company.

Don’t waste people where they will not excel — put the best people into every department if you truly wish to succeed. Once your inventory person is chosen, everyone else must know it, and further know that he or she will be using THE state-of-the-art inventory management solution: SIMMS.

Don’t waste either time or talent: contact KCSI today to help us help you improve your business with the right software in the hands of the right person.

Item Naming with SIMMS

Often your customers have a name or number for items that they require for them to do what they do. Equally, your own vendors have an in-house reference for stock pieces that they sell to you.

In both cases, these names and references are often different than the ones you use. SIMMS Inventory Management software takes these into consideration by allowing you to assign aliases — in unlimited amounts — to the items you stock and designate these aliases to specific vendors and/or customers. Therefore, when your order arrives at a vendor, they see not only your names and numbers, but they also can see their own, which leads to greater accuracy from their shipping department. Similarly, your shipments to your customers arrive with invoices and packing slips bearing item references instantly familiar to their receiving departments.

Contact KCSI today to learn more about the use of aliases to contribute to greater accuracy and satisfaction at all steps of your stock management.

Apparel Tags in SIMMS 2018

[This question was submitted by a desperate clothier a while back]
A great many businesses selling apparel want more data on their product tags, whether they sell shoes, t-shirts or in this case, jackets. The modern science of barcoding usually solves this challenge for them by printing off SKU numbers, which allow for multiple bits of information to be combined within the SKU.

For example, MAJAN is a possible section of a SKU number that provides two characters for the manufacturer’s name (MA for Marshall), two characters for the product (JA for jacket) and one character for material (N for nylon). In addition to NRF (National Retail Foundation) codes, manufacturer’s lot information can appear on the tag (such as 01-BK-L, which represents style 1, color black and size large) and many such barcode labels (tags) can be formatted to contain almost any information the seller requires.

One example produced for the person who asked the question is as follows:

Tag for customer's jacket

In it, the customer wanted the item price, size and color information, SKU info and the item description, and that’s precisely what she got, in the layout style she needed. SIMMS Inventory Management software uses Crystal Reports to edit the content and design of the barcodes to fit dozens of industry-standard barcode tags, and customization can go beyond the established list to suit any company’s size and layout needs.

Contact KCSI today to learn more about how the details you want on your price tags can be added with speed and ease if you use SIMMS as your barcoding/price tagging solution.

Surge Ahead with SIMMS 2018

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With SIMMS Online, you can be working on your iPad from your customer site, create a quote and email on the spot direct to your customer. You can also not only print and save your reports to your desktop, but now you can email your reports on the spot.

Click the email icon to the right of the report header. If you are sending a sales transaction, the email address will automatically be the address associated to your contact record. Otherwise you will have the ability to override or enter your own address.

The ease with which you can share your SIMMS 2018 business information with all departments within your company has never been easier, and the use of emails as the conduit is as modern as The Cloud in which it is hosted.

Take advantage of the best inventory and accounting program available in the world today. Get SIMMS 2018 today.

For a free trial of SIMMS, click here: http://simmssoftware.com/inventory-software/Download-Trial.aspx

 

For more information, visit www.simmssoftware.com or email sales@kcsi.ca.

Analytics with SIMMS 2018

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Your company exists in a huge sea of competition. Industry comparisons take metrics, such as your turnover rate or cycle time, and compare them with other businesses in your industry. Determining how your metrics compare to your competitors’ gives you a way to judge whether your inventory control meets the industry norm, falls short or surpasses it.

The Item Fill Rate is the percentage of items a customer ordered that your company was able to ship. The lower the ratio, the poorer your inventory performance. You should track not only the fill rate for each individual order but the fill rate for all orders – what percentage of orders go out completely filled, and what percentage have items missing.

The Lost Sales metric indicated the number of your potential customers that ask for an item and then go elsewhere because you do not stock it. Companies that use this metric usually track back orders – reserving part of the next scheduled shipment for the customer to purchase – as well as lost sales. Using both metrics will give you an idea of the gap between your inventory and your customers’ needs.

Several metrical considerations are of paramount importance to how well your stock management is handled. Your best system should take into consideration a wide array of avenues for improvement, considering the best metrics in a variety of areas.

Along with accurate stock counts, inventory turnover tracking and accurate cycle times the above metrics will help you gain control of your comprehensive inventory management. SIMMS Inventory Management software provides all the tools that you will need to hold the lead over your competitors. Visit www.simmssoftware.com or email sales@kcsi.ca today to find out how.

Or for a free trial version of SIMMS 2018, click here: http://simmssoftware.com/inventory-software/Download-Trial.aspx

Post-Holiday Sales with SIMMS

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Here are a dozen useful ideas for what to do once the holiday rush time has passed:

1. Always Have New Products or Services That Debut After The Holiday. Launch a new product or service to avoid a drop off in sales after the holiday. You can also perhaps give away a new product with any purchase made after the holiday.

2. Check Back With Those Who Bought Gifts. After the holiday, email them suggestions on other items to buy next. Request info about the person they bought the gift for, such as birthday details, and plan to automate email promotions that arrive in advance of the birthday.

3. Continue Holiday Marketing After the Holiday. People are still in buying mode in the week after the holiday, especially the gifts or gift money they received for birthdays, prizes or for Christmas. Keep pushing new deals for a month after the main holiday and many will buy from you.

4. Exercise Social Media.  Reward social-only customers with things like discounts for Facebook friends or Twitter followers.

5. Give Thanks to Holiday and Loyal Shoppers. Send customers who purchased during the holiday season thank-you emails that highlight exclusive offers or targeted deals for a particular period.

6. Offer Discount Coupons. Provide deals that give attractive discounts on a future purchases that go into effect two (or four) weeks following their first purchase. Gift cards towards future purchases can benefit your company’s present and future sales. The wisest discounts are 10 to 20 percent off purchases, or a $10 to $20 gift cards.

7. Promote a Post-Holiday Contest. Endorse an online contest where customers send in photos of wild or wacky gifts they received.

8. Remember the Mobile Shoppers. Provide mobile shoppers with very attractive deals and exclusive items that they can’t find elsewhere.

9. Spark Up Your Remarketing.  Advertising to people who have already visited your business is always appreciated and often draws additional purchases when you promote complimentary products.

10. Stretch Out Your Deals for the Post-Holiday Period. Buy one–get one free deals are always successful. You may want to have the second one ‘half off’ instead but if the deal is for items that are not selling well your discount policy helps you to recoup capital. Clearance sales of seasonal fashions or holiday-themed items give you a chance to move products off the shelves. Another tip is to discount such items if they are sold online, which produces increased traffic for mobile buyers, who might buy more when they visit.

11. Think World-Wide. Increase customer involvement all year round, not just at Christmas.

12. Vacuum Up Any Sales From Shopping Cart Leftovers. Contacted shoppers about residual items in their shopping carts – and maybe offer a deal.