Inventory & Sales Reporting for Retail
Make informed business decisions with Thrive by 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.
Thrive’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. Thrive 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 and locations
- Operate with precision, such as re-ordering and 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.
Thrive's Inventory Management Software Reporting Capabilities
Using Thrive’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, Thrive provides valuable insights for your business needs. With Thrive’s powerful inventory management system, you’re ready to grow your business and take control of your inventory with accurate data.
Sales Reports
Inventory Reports
Multi-Channel & Location Reports
Custom Reports
User-Friendly Reporting
Thrive’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 schedule daily reports right to your inbox for simplified bookkeeping.
Reports We Think You’ll Like
Sales Report
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.
Thrive’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.
Thrive 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
Discount Report
Resources for Your Retail Store
Try Thrive Free
Join Thrive 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.
