Englewood, FL (PRWEB) January 12, 2014
GiftLogic Point of Sale software now includes an easy-to-use clearance utility that makes managing overstock or selling off slow moving inventory a simple process. According to a spokesperson from GiftLogic, "Our clearance utility is designed to maximize profitability and control while progressively balancing business inventory levels."
The spokesperson explained that the clearance utility now comes built into GiftLogic. "There's nothing to install," they said. "GiftLogic customers can efficiently and effectively balance post-season inventory levels and clear out items in a manner that makes the most sense for their businesses."
They explained that now that the holiday season is over, many retailers jump right into clearance mode. With the clearance utility, retailers can make smarter decisions as to which items to discount and how steep their discounts should be.
"The utility shows retailers real facts related to each item," they said. "For example, you can look at details such as original purchase date, last sale date, and number of days in stock. This information is useful in deciding which items need to be cleared out, as well as, how aggressively they should be priced."
The clearance utility also makes it easy to create markdowns, either individually or in mass. "Retailers can filter items by vendor or other criteria and then mark them all down at once if desired," the spokesperson explained. "GiftLogic provides multiple views and filters, ensuring that all items that fit the merchant's criteria can quickly be identified and marked down."
In addition to applying the markdown within the GiftLogic POS system, the utility also allows retailers to create and print discount labels and tags as well as export the data.
"GiftLogic's clearance utility helps retailers make sense out of their inventory and then clear it out in an efficient manner," the spokesperson said. "They can even set up progressive discounts so that as inventory ages, it becomes more aggressively priced."
GiftLogic is a comprehensive point of sale solution offered to "Main Street" retailers and shop owners who want a competitive edge as they compete against big box retailers. The developers of GiftLogic pride themselves on providing user-friendly, powerful solutions and the highest level of customer support.