Could inventory control have been a problem with the former Philippine First Lady Imelda Marcos? Mrs. Marcos is reported to have the most number of shoe collections, at least in her own country. Rumors spread to her countrymen that she has this big room in Malacañang Palace only for her thousands of shoes. While this part remains unverified, the fact of her number of shoes is true. So, just imagine if Mrs. Marcos had no inventory control with her shoes.
Their family's reign of the nation was already more than two decades ago, but the solution of implementing inventory control remains relevant. Having an inventory simply means keeping records of one's items or belongings. Now speaking of shoes, let's check on a footwear store how they make inventories of their products, and how they monitor them.
In terms of stock control, the POS system has been found to be a really big help. Going back to that simple example, the POS system actually has a feature that keeps a record of the footwear available for sale. The record includes the shoes' brand, style, size and color, and how many of them are stocked for every particular item. When a customer picks her choice of shoes, the payment is done through the POS.
Now, when the cashier inputs the information of the shoes purchased into the system, the item is then subtracted from the total number of stocks available. And because it accepts payments, the POS system also keeps a record of every sale. Hence, at the store's closing, the system can deliver a report on inventory concerns of the remaining supplies. This is the beauty of computer-aided shoe business.