Reports, Tools, & Tactics For Controlling Your Inventory

April 28, 2025

📊 About the Webinar

In today’s dynamic retail environment, effective inventory control is essential not only for profitability but also for customer satisfaction. Our latest Rapid POS Webinar, featuring President Bart McCleskey and Virtual CIO Sean Novak, walks you through practical strategies using NCR Counterpoint with tactics for controlling your inventory — especially during critical times like COVID-19.

Key Topics Covered

1. The Fundamentals of Inventory Control

Inventory control means maximizing profits and customer satisfaction by optimizing what you stock.
Balance limited investment dollars and limited store space wisely.
Use both subjective insights (walking the store) and objective reporting (data-driven decisions).

2. How to Identify Stockouts with Counterpoint Reports

Learn to use the Merchandise Analysis Report inside Counterpoint.
Configure reports to highlight products that are out of stock but still in demand.
Understand key distinctions like Quantity Available vs. Quantity on Hand to accurately track stock levels.

3. Overstock, Understock, and Weeks on Hand

Introduce the Weeks on Hand metric — a powerful way to gauge whether inventory levels are appropriate.
Set realistic weeks-on-hand targets based on product type:
- Staple items = ~4 weeks supply.
- Slow-moving items = ~10-15 weeks.
- Seasonal items = ~3-5 weeks (adjust as seasons change).
Avoid costly mistakes caused by overordering or understocking essential merchandise.

4. Auto Replenishment & Inventory Detail Views

Explore Counterpoint’s Auto Replenishment system for smarter ordering.
Customize your Inventory Detail screen to see essential quantities like on-hand, committed, on PO, and backorders — all in one place.
Export inventory data to Excel for even deeper analysis and planning.

💬 Why This Webinar Matters

Whether you are new to inventory tracking or have been managing stock for years, this webinar gives you simple, scalable techniques to:

Minimize costly stockouts.
Avoid the trap of excess inventory.
Make smarter buying decisions backed by data, not guesswork.
Confidently adjust assortments for seasonal shifts or changing customer preferences.

Rapid POS is committed to providing tactics for controlling your inventory and education that help your business not only survive, but thrive — even in challenging times.

If you want one-on-one help setting up your reports or auto-replenishment features, email rapidcares@rapidpos.com.

For more webinars, visit Counterpoint University.