Category Archives: Stock Science

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.

SIMMS 2017…the Top Choice

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SIMMS 2017 is the #1 cloud-based inventory solution for small business owners in the world today.

Benefits

  • Coordinate billing and ordering smoothly
  • Exemplary customer support
  • Run your business in the cloud
  • Straightforward and simple to use

Features

  • Accept online payments with 13 payment gateways
  • Create, send and manage your inventory online
  • Stay informed with one-click reporting
  • Track time and expenses

Give SIMMS 2017 a free trial today here:
http://simmssoftware.com/inventory-software/Download-Trial.aspx

 

Track Serial Numbers with SIMMS 2017

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SIMMS 2017’s Serial Number Tracking system 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.

SIMMS Serial Number features:

  • Assign serial numbers to items during or immediately following receipt of goods.
  • Assign serial numbers to your finished kit builds.
  • Assign up to two unique serial numbers per item.
  • 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 integrate barcode reader for items with serial number barcodes.
  • Easily select serial numbers during an inventory transfer.
  • Report on serial number activity by date, location or serial number.
  • Serial numbers can be entered/sold randomly or sequentially.
  • Trace a serial number in the system in little time.
  • Track specific cost by serial number sold.

Give SIMMS a free trial today for your serial number needs: http://simmssoftware.com/inventory-software/Download-Trial.aspx

Reduce Overstocking with SIMMS

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SIMMS 2017 can help users reverse the trend of stocking their shelves with too much inventory. By facilitating more manageable stock counts, your overhead is reduced and your profits are increased. Stock counts should increase only to prepare for anticipated orders, a habit that leads to a more immediate return on your company’s investment. An enlarged warehouse staff becomes unnecessary when immediate movement of stock becomes an ongoing stream managed by an organized team of personnel. Eventually, orders get handled more quickly and the process is streamlined.

Too often companies can fall into the bad habit of investing too much capital in their stock, and thus feel the crunch at month-end in their revenues.

To learn how SIMMS 2017 can make your inventory processes more efficient and more cost effective, give SIMMS 2017 a free trial here: http://simmssoftware.com/inventory-software/Download-Trial.aspx

The Inventory Specialist

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The greatest single asset any business can have regarding its inventory management is nothing more technical than a human being dedicated to the tasks required by inventory. Many businesses rely on machines from data collectors to security cameras but somewhere in the system must be an individual whose thorough understanding and adherence to sound inventory management standards. Armed with the most complete and easy-to-use tools – such as SIMMS Inventory Management software – this devoted employee can make all the difference to a company’s stock accuracy and customer satisfaction.

Someone must thoroughly understand the importance of supply chain science as well as be the versatile and reliable coordinator of physical ins and outs of the business. Inventory Lead Hands are a saving grace and few others have more knowledge of specifics of what you need.

Contact KCSI today to learn more about how a single person can use SIMMS to keep on top of your stock requirements.