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Powerful Inventory Solutions
Streamline inventory management and increase profits by having the products your customers want, when they want them.
Manage Inventory Automatically and Never Run Out of Stock
Knowing what you have, how much you need, and when you need it are all critical parts of running a profitable retail business. Inventory should be managed carefully with data, not guesswork. With a focus on streamlining inventory management, the Eagle solution automatically tracks and maintains optimum inventory levels. You’ll eliminate excessive stock levels and costly stockouts, ensuring that good profitable products are readily available for your customers—any time they need them.
Benefits to Retailers
Better Data Equals Better Decision-Making
Boost performance and make informed decisions that affect your bottom line using real-time data. You’ll gain vital insight into the dynamics of your business with easy-to-use dashboards and reports, so you can see what’s selling and what’s not. Track inventory with the right tools, reducing costly excess inventory and stockouts with accurate forecasting data. Use the data from your suppliers, competitors, and your stores to price for profitability. Identify popular product combinations and trends to increase basket size.
Take the Guesswork Out of Inventory Planning
Inventory ordering and stocking decisions have everything to do with your business’s growth and profitability. Synchronize supply and demand and bring precision to your key inventory planning elements. Use data to keep your inventory levels where they do your business the most good, maintaining just enough products to avoid stockouts. Better manage lead times, usage computation, order points, seasonal or market fluctuations, and much more that may impact sales
Get Your Prices Where They Need to Be
Take the guesswork out of pricing while setting prices quickly and easily. You’ll have powerful analysis and management tools to get prices exactly where they need to be. Set prices using critical comparative information from your competitors, suppliers, and store locations. Make all of your pricing changes confidently by analyzing their impact on sales and margins, then adjusting by the right amount or percentage.
Simplify Multi-Store Inventory
As your business grows, the Eagle solution provides the flexibility to add stores and transfer inventory from one location to another. This enables you to make sure you have the right products, at the right store, right where they're needed. Optimize your quantity on hand with automatic stock transfers between stores. Track product sales based on groupings/lots. View and segment your data by store location to get the full picture of your inventory operations.
Stay Productive and Customer-Focused
With the freedom of mobile inventory solutions, you’ll spend less time searching shelves and more time interacting with customers. The software installs quickly and allows you to update inventory, add UPC codes, and print new labels. Provide your staff with mobile tools and they’ll be upselling and cross-selling in the aisles. You’ll save hours on taking physical inventory, and your customers will be delighted that their questions on product pricing and availability can be answered on the spot.
Purchasing and Receiving Made Easy
Put hours back into your day with an efficient way to create purchase orders and then receive items accurately against the PO. The integration with point of sale, inventory and financial applications helps ensure supplier replenishment works in concert with demand, and that inventory valuations are accurate. Easily source items, track delivery, fulfill orders, and use actual cost data and desired gross margins to set prices.
Features
Receive up-to-date inventory data from the Eagle system and display it the way you want when building dashboards, reports, and conducting analysis. Inventory data can be imported from other sources, as well as exported in various file formats including .pdf, spreadsheet, text, and HTML files.
Automate manual tasks and eliminate errors.
- Forecasting will automatically choose the ideal forecast method for each item
- Proxies leverage historical product data that are similar to new ones
- Set the percentage of time an item should be kept in stock to meet customer demand
- Effective dates can be used to isolate periods when markets change
- Lead times are tracked by item, vendor, PO, and more
- “What if” analysis provides answers on inventory levels, turns, GMROI, and dollar commitment
Capture competitors' prices from websites and promotions—use this to your advantage when setting your own prices.
- Develop a shopping list or ad hoc process to capture prices, notes, images, and more from your competition
- Use category analysis to filter your data, so you can see what’s above or below your standard on pricing
- Automated calculators help you determine new prices so there’s no guesswork
- Sales velocity enables you to see sales numbers before and after a price change, so you can determine if additional adjustments are needed
- Multi-location analysis compares each location to see if sales have been affected by price changes
- Multiple catalogs are available—you choose which prices you want to see
Gain the freedom of mobile, place your inventory on your shelves faster, and provide better customer service.
- Check last sale date and sales history by month, year-to-date, last 12 months, or last year on the go
- Check QOH, QOO, and arrival date for your next order
- Change retail price or replacement costs wherever it’s needed
- Provide price checks, order status, and locations where items can be found
- Take physical inventory or cycle counts while reducing mistakes from manual counting processes
- Match items directly to POs at the receiving dock and print labels immediately for new items
Managing inventory at the style level is critical to profitability. Eagle Softgoods Styles gives you the visibility you need to easily forecast demand, and keep inventory levels, style by style, where they need to be to optimize customer satisfaction, sales, and profits.
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