 StockRight is a customized software and service program that is created to professionally manage the cigarette category for chain retailers. The StockRight system uses advanced internet technology to manage the cigarette category at the store level. StockRight is designed for, but not limited to managing cigarettes. StockRight can be used as an inventory Control Program for any category. Adopting the StockRight system will simplify the ordering process for your retail locations. With the StockRight system, any store associate will be able to effectively order cigarettes. The StockRight program is designed custom to each retailer's specific ordering process. There are currently four interfacing methods for the StockRight system: POS Data, Handheld Units, Internet, and reporting through the Wholesaler. If your store doesn't have POS Data available, store associates simply report the on hand inventory to StockRight. Once the inventory is reported, StockRight algorithms insure that each retail location has the correct inventory stocking levels. StockRight will then calculate the on hand inventory with the correct stocking level to create a replenishment order for each location. Finally, StockRight submits the order to the designated wholesaler. If your store was to transmit POS Data with the StockRight System, a perpetual inventory would be kept through the communication of the StockRight Server and your POS Server at your corporate office. With the perpetual inventory being recorded, on ordering day StockRight will calculate the on hand inventory with the correct stocking level to create a replenishment order for each location. Finally, StockRight submits the order to the designated wholesaler. Each store would be required to submit a periodic physical inventory of the cigarette category to determine any store shrink. The History of StockRight: The concept of Cigarette Category Management was first introduced in 1988. It was developed at the request of many retailers who were looking for a resolution, to controlling the costs and profitability of the cigarette category.
Cigarette Inventory Management is back! PROCAT Management Services has acquired the rights to market the Cigarette Inventory Maintenance Program renamed StockRight. Join retailers like The Great A&P Company and Shop Quick Convenience Stores, Sign your retail chain up for StockRight Today. |
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