Manage inventory across all your locations

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3. Create purchase orders and place orders
After creating an order, you can fax, email, or, if you use Lightspeed Retail , place orders with some of the largest suppliers in your industry using our built-in product catalogs.

Additionally, you can even set automatic product replenishment points .

What are auto-replenishment points?
Auto-replenishment points are basically a tool that allows you to set the lowest quantity of a given item that you want in stock at any given time. Once your inventory levels reach that amount, you’ll be notified so you can order more before you start running low on inventory. Then, you can automatically include the product and quantity you want in your next order. Pretty cool, right?

4. Quickly find items for your customers
Organize your inventory into customizable categories and tag all your items that share similar attributes. By using tags and categories to help filter your inventory searches, customers can find the products they’re looking for faster – and even see other complementary products they might want to add to their cart, which is great for increasing cart value.

6 Ways to Master Your Inventory with Cloud-Based POS Software

5.
Managing your inventory across multiple stores can be a car owner data headache, but a good POS system can help.

Whether you operate a single store, have multiple stores , or even an online store , your cloud POS will sync your inventory across all locations. Lightspeed Retail lets you see all your inventory in one place, without having to flip through multiple tabs or apps.

6. Optimize your online store
Lightspeed eCom is the only eCommerce system designed specifically for retailers who want to start selling online.

By syncing your physical store inventory, customer profiles, and sales data, you get a 360-degree view of your entire business—without going around in circles.

6 Ways to Master Your Inventory with Cloud-Based POS Software

To summarize
If you find managing your inventory complicated, just know that it doesn’t have to be. When you’re equipped with a POS system that has serious inventory management capabilities, you’ll find that purchasing becomes faster, knowing which products to discount becomes easier, and managing all of your locations becomes more efficient.