Inventory Management in POS (Point of Sale) Retail System

In retail, cash is king. And the biggest drain on your cash is inventory. A properly managed inventory system is paramount. A quality POS will calculate your inventory turnover, GMROI, sell through rates and fill-in orders.

Your POS system should alert you when you need to reorder and flag inventory that is “dead” in your store and not moving. It should track markdowns and shrinkage as well.

https://www.thebalance.com/pos-point-of-sale-retail-system-2890157