There are a handful of Edge features that are key to good inventory management, which in turn, is crucial to maximizing profits.
The first thing to consider is category, which allows you to categorize items by type and style, but not vendor or brand, so you can see what kinds of items perform well.
- For more about categories, go to the section in The Edge Online Help entitled Categories.
- For more about how The Edge’s inventory management features can help you maximize profits, see the video HERE.
The second is pricing method, which is what we will discuss in detail in this document.
Based on the discussion above, you can see that when you receive an item, the first thing you should do is consider two things:
- To what category does it belong?
- What pricing method should it have?