Inventory Control System for Supermarkets and Convenience Store

Inventory control in the convenience store business is important because these businesses depend on the rapid turnover of the inventory items with a limited shelf life at relatively small margins. The convenience store must be able to satisfy the customers by being able to supply the desired merchandise when required and not have a large amount of capital tied up in the inventory items lying in the store. The items that are likely to be in demand must be ordered just in time and then sold prior to the expiry of their shelf life. In order to satisfy the customer and make a decent profit, CRM, inventory analysis and control as well as automated ordering systems are very much desirable in a convenience store. In this report, an attempt has been made to analyse convenience store inventory systems and to present the most appropriate solution for a variety of stores.