As the owner-operators of over 20 convenience stores across Pennsylvania, Petrosoft has the unique understanding of what it takes to run a c-store and how it’s different…
Every retailer operator looks for ways to increase their margins. Bridge buying, aka bridge orders, is one way they can accomplish this by buying stock when their suppliers offer deals.
Whether you are new to physical inventory counts or looking for ways to complete your counts with less hassle, this checklist will ensure you have all your bases covered. Every
A perpetual inventory is the most up-to-date, therefore accurate, account or view of your inventory. For c-stores it includes the following:
Each year, many organizations publish loss prevention statistics. We’ve highlighted data from the NRF and NACS on inventory shrink and spoilage for 2020.
Having to write off inventory can be and frustrating, especially if you can’t figure the root cause. Internal theft can go unnoticed for months between your inventory counts.
Inventory management is the process of organizing and managing your inventory from the day you purchase it to when it sells. This guide will discuss leading inventory management techniques, formulas, and tips
As a c-store owner, inventory loss due to shrink or spoilage will impact your business, but do you know by how much? For 2020, NACS reports an average shrink and
Employee theft in the retail industry has increased drastically over the past years. Here are the 4 secrets of how to stop employee theft in your convenience store.
Inventory management at your convenience store can make or break your c-store operation. The first step to gaining control over your c-store’s bottom line is to get an accurate view of your item-level inventory. It’s critical to use
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