Inventory & Sales Reporting for Retail
Make informed business decisions with Shopventory’s robust reporting engine
The lack of visibility into accurate inventory valuation, slow moving products, and products that keep your customers coming back is a massive roadblock to a successful retail strategy. Real-time reporting is essential in order to take control of your retail inventory and grow your business.
Shopventory’s inventory management system connects with your point of sales system and/or e-commerce platform to receive real-time sales and inventory data.
Hone in on finances, slow-moving product, stock forecasting, vendor performance, and more. Shopventory reports are key to creating a successful retail business strategy.
Take Control of Your Retail Store
Creating a successful business strategy requires using inventory and sales reporting to optimize your stock. Easily identify products that aren’t moving, like a cut of jeans, or discover your most profitable stock so you know exactly what to order.
With a reporting platform you have access to the information you need to make strategic business decisions based on data, not intuition.
Inventory Management Reporting Benefits
- Accurate sales and inventory valuation
- Visibility on what products are moving, and which aren’t
- Insight on what vendors are performing, and which aren’t
- Compare performance against different sales channels/locations
- Operate with precision, such as re-ordering stock or even A/B testing
How to Start a Reporting Strategy for Your Retail Store
In order to have a successful reporting strategy that grows your business, you need access to accurate inventory reporting. While some businesses use a retail inventory list or templates, managing them takes a significant amount of time and are prone to human error.
Some POS systems and e-commerce platforms have limitations to their reporting capabilities and don’t give a comprehensive look at the health of your inventory.
Shopventory’s Inventory Management Software Reporting Capabilities
Using Shopventory’s inventory management software means you have access to our powerful reporting engine. Get instant access to all the data you need for all your sales channels and locations, without needing an additional, costly reporting app.
Whether you want an in-depth report of last week’s sales history or you want to see how many hats you had on the shelf this morning, Shopventory provides valuable insights for your business needs.
With Shopventory’s powerful inventory management system, you’re ready to grow your business and take control of your inventory with accurate data.
Once all your sales channels are connected with Shopventory’s inventory management app, we’ll pull in all your historical sales information so you can immediately begin using reports.
Eliminate “guesstimating” with detailed profitability reports so you can make decisions confidently and report with accuracy.
Currently, most POS and e-commerce platforms don’t have the capabilities to report on inventory change. Inventory reports are essential for knowing exact profitability, inventory valuation, remaining stock, and more.
Inventory reports are based on Shopventory’s record-keeping of your inventory levels, eliminating the need for those confusing excel templates. Tracking for these reports begins as soon as you start your free 30-day trial.
Multi-Channel & Location
Shopventory connects inventory counts for all your physical locations and/or e-commerce store so you can automate inventory management no matter where you are. See what locations or channels are performing the best for your retailer store and identify areas for improvements.
Access greater insight to what products are working on for each location/channel and make more informed purchasing decisions for each unique target market as you open new locations.
Shopventory’s inventory management software was built by retail owners, like you, so our robust reporting tool is designed with you in mind. Our reports are easy to use with lots of filters and customization options so you can slice and dice the exact data you want, how you want.
Export your reports as a CSV file to share with your team and simplify bookkeeping.
Shopventory Custom Reports
Custom report dashboards are unique to Shopventory’s inventory management app for complete control of the data you want to see and how you display it.
Choose from a variety of inventory and sales data points, the time frame you would like to see, and what sales channels/locations you want to include. Common retailer custom report dashboards include unsold products, multi-location sales, and top products sold.
Reports We Think You’ll Like
Whether you place new product orders on a weekly basis or have been placing the same orders for years, Shopventory’s sales reports are crucial for optimizing your product assortment strategy.
See what products have been the most popular and consider holding off on replacing them too soon. Or identify slow moving products that aren’t resonating as well with your target audience as you thought and take them off your next purchase order.
Dead Inventory Report
Is there a notebook design that’s gathering dust on your shelf? Each product has to earn its spot in your inventory. If a product isn’t moving, try A/B testing a different strategy or discount it to get it out the door and make room for more popular stock.
Shopventory’s dead inventory report generates detailed information of what products haven’t sold during a set timeframe.
You can easily see:
- How much revenue is tied up in your aging stock
- How much you paid for those products (if you have added costs to any variants)
- The number of days since the product last sold
- The quantity of each product you have on hand
Stock Forecasting Report
Know exactly what to order and when to order so you never send a shopper to a competitor because you’re out of stock.
Shopventory provides dynamic inventory forecasts based on sales history. Set up Alerts and minimum order values, eliminating the guesswork and reducing supply chain disruptions.
More Reports for Retail Inventory Management
Vendor Sales Report
Inventory Change Report
Try Shopventory Free
Join Shopventory and start saving on average 1 hour per day per location. Get advanced features such as custom reporting, barcode scanning, automatic purchase orders, price tag printing and more.