Makes it Easier to Take Action before Inventory Becomes an IssueThe Edge Retail Academy, the leading retail jewelry business advisor, announced the release of new inventory reporting capabilities for its Edge Pulse product. Edge Pulse is an add-on to the market-leading Edge POS system and allows users to anonymously compare their store’s Key Performance Indicators like inventory levels, turn and top-selling categories to over 900+ peer stores.
“A key for a healthy business is having a complete and understandable picture of its inventory,” said David Brown, President of ERA. “Edge Pulse is the only provider to present a store’s inventory metrics with a clear, real-time view that can lead to immediate improvements.”
With the new inventory features in Edge Pulse, jewelers can monitor the movement of their inventory – by product category – over the last 12 months. “Watching inventory age is powerful motivation to implement strategies to improve overall inventory levels, which boosts profits,” added Mr. Brown.
“Edge Pulse is our dashboard to success,” said Stephen Barnes, Owner of Barnes Jewelers. “We find the new inventory functions to be highly valuable in spotting the areas of our inventory that need attention. Plus, Edge Pulse’s AdvantEDGE program recommends where to invest newly available open-to-buy funds from top sellers across 500+suppliers.”
Using Edge Pulse, jewelers can set goals and better track in real-time critical sales and inventory data to increase their store’s revenues and profitability.
