Now more than ever, no other system helps small and medium-sized businesses manage their inventory like Lightspeed. With our brand-new report , you’ll be able to quickly detect and correct inventory discrepancies and avoid many errors in your cost reports . What’s more, this report is so special, Lightspeed is one of the only full-stack POS system providers to offer it to its customers. Cool, right?
But before telling you more, let’s start by refreshing our memories on:
- What is negative stock?
- What are the main causes of negative inventories?
- Why is it important to track and manage this inventory well?
Manage your negative inventory like a pro.
Negative stock is a positive. Why? Because it means your inventory is accurate. Additionally, it means you were able to complete your transactions even though your Lightspeed POS indicated there was no stock remaining. This could be due to iraq telegram data an incorrect inventory count, a delivery that doesn’t match what’s on the purchase order, or you didn’t have time to receive items in your system before placing them on the sales floor. Stores are busy places, especially during the summer and holidays, and these errors can happen frequently.
The negative inventory feature visually shows you when something is wrong. It’s also very easy and quick to detect areas of your inventory that require attention without having to dig or analyze in depth.
Find the mistake and fix it, fast.
So, now you know the benefits of an inventory system that supports negative stock, but what good is it if we still don’t know what caused the error in the first place?
That’s what the new negative inventory report is for!
- Quickly find your inventory discrepancies
- Track incoming stock on your orders from your suppliers and transfers
- Keep an eye on your inventory entries and exits
You can now locate inventory numbers in b2b reviews seconds to make quick adjustments that keep your quantities up to date online and in-store. Use the new report to detect inventory issues and resolve them before they become a problem.
