Using Prism's Physical Inventory feature, you can record counts of the merchandise in stock at your store location(s) and use the counts to update the On-Hand quantity of the store's inventory.
Doing regular PIs provides important benefits, including:
Provides updated, accurate on-hand quantity values for items, helping to avoid unexpected "out-of-stock" situations
Enables accurate calculation of inventory valuations for accounting purposes
Retail Pro Prism PI Features
Record counts for an entire store or a particular "zone" (subsection) of the store
Import physical counts from a text file (e.g. one provided by a physical inventory firm) to a started physical inventory file
Append counts to a started physical inventory
Read current On Hand from Inventory and use as the start quantity
Review and edit counts before updating inventory
Print physical inventory information
Export PI information to .csv, PDF, HTML, or XLSX.
Update on-hand quantity for all items or only those with physical counts
Integrates with PI Tracker tool in RP Companion, enabling users to scan barcodes and record PI counts using an ordinary iPhone (For info, select Tools > RP Companion from the documentation menu)
Send PI sheets to another location
Physical Inventory supports both open and blind counting methods. Multiple Physical Inventory sessions can be saved at the same time on the mobile device. Sessions may be synchronized to Retail Pro as desired.
FoundryLogic PI Features
Capture inventory transactions with a handheld scanner
Work on or offline
Search and display inventory item information
Import scans into any Retail Pro 8, 9 or Prism
Runs on Apple and Android devices!
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Founded in 1988, M.X. Data has over 30 years of industry expertise and experience providing comprehensive services to internationally renowned luxury goods retailers and major brands in the fashion industry.