How to Manage Your Stock Using Youtap’s POS Stock-Managed Application

In today’s competitive business environment, implementing, from food and beverages to retail and sales, the inventory management of your business is key to its success.

This is because a well-managed inventory ensures that your business runs smoothly, your customers are happy, and there is always stock on hand to sell, avoiding any customer dissatisfaction or disappointment. 

Addressing this issue is Youtap’s POS Stock-Management application feature which ensures that your business is well-managed, runs smoothly, and that your inventory is always current.

Youtap’s POS Stock-Management application helps you and your business avoid preventable stress incurred by error-prone, labor-intensive, time-consuming manual, and very human stocktaking. 

The following article highlights the basic steps involved in using Youtap’s POS Stock-Management application to ensure that your business takes advantage of its features and avoids any unnecessary operational pitfalls so that your business runs smoothly and seamlessly.

How to Manage Your Inventory with Youtap’s POS Stock Management Application

1. Access Your Inventory using Youtap’s POS Stock Management App

The first step is to access the Stock Management Feature in Youtap’s POS application.

On the Main Screen of the application page, look for the Icon located at the top left, known as the “Burger Bar” (due to its appearance resembling three horizontal lines). 

Steps:

• Click the Burger button on the top-left menu; and then 
• Several options will appear on the screen.

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2. Select “Edit Product” to Access the Product Page

After accessing the Main Menu, the next step is to select the “Edit Product” Option, which will direct you to the List of [available] Products in your store or business. 

Steps:

• Click “Edit Product” from the List of Options in the Menu; 
• You will be directed to the Product Page, where all previously added products will be displayed, and
• Here, you can view all the products recorded in the Youtap POS application, with details such as the product's category, name, price, and size.

ALSO READ: Maximize Your Business’s SKU Efficiency with Youtap’s Barcode Scanning

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3. Click the Settings Icon to View Menu Options

Once you are on the Product Page, you will see each product listed. Each product has a Settings Button next to it which provides access to a variety of Product Management Options, such as Stock Management. 

Steps:

• Click the Settings Icon next to the Product you wish to manage; and 
• After clicking, FIVE menu options will appear. 

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4. Select the “Set Stock” Option

After pressing the THREE-DIT-BUTTON, you will see FIVE Product Management Options. From these options, select the one labeled “Set Stock.” This feature allows you to adjust the stock quantity for the selected product.

Steps:

• Choose and click “Set Stock.”; and 
• After selecting, the application will take you to the Store Stock Settings page.

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5. Manage Stock on the Store Stock Page

Once you enter the Store Stock page, you will see a list of products available in your store. Here, you can determine the stock levels for specific products.

Steps:

• Select the product for which you want to adjust the stock from the available list; and 
• After selecting the product, click “Set Stock” to start managing the stock for that product.

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6. Click the Settings Icon to View Menu Options

After selecting the product you wish to manage, you will be taken to the Stock Settings page.

Here, you can ADD or SUBTRACT stock quantities as needed.

If a product is out of stock, you can update it immediately to reflect it in the system. Conversely, if you have just received new items, you can update the stock right away.

Steps:

• Enter the appropriate stock quantity by ADDING or REDUCING the existing stock; and 
• After updating the stock, make sure to click the Save button to preserve the changes.

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7. Utilize the Low Stick Notification Feature

One of the advantages of using Youtap POS is the Low Stock Notification feature.

You can set a MINIMUM STOCK ALERT so the application notifies you when stock is running low.

This way, you won’t have to worry about running out of items and can restock before customers are left without products.  

Steps:

• Enter the minimum stock level for specific products; and 
• The application will automatically provide a WARNING when the stock for that product reaches the minimum threshold.

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8. Monitor Stock in Real-Time with Detailed Reports

In addition to simplifying stock management, Youtap POS also allows you to view stock reports in REAL-TIME.

These reports provide a clear overview of the Product Stock Movement, the BEST-SELLING ITEMS, and products that need replenishment.

This Reporting Feature can be accessed ANYTIME, allowing you to easily and quickly monitor your inventory. As a result, your Inventory Management will become more efficient and organized.

ALSO READ: Keeping Lines Organized and Short: Youtap’s Order Queue Number

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Benefits of Managing Stock with Youtap POS

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Using the Youtap POS Stock- Management application feature for your business's Inventory Management not only simplifies Stock Adjustments but provides numerous benefits, such as:

1. Quick and Efficient Processes.

With just a few clicks, ALL stock changes can be made, eliminating error-prone, time-consuming manual stock-taking processes.

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2. Minimum Stock Notifications.

This feature is particularly helpful to ensure that you do not run out of your best-selling items.

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3. Real-Time Stock Monitoring

You can monitor your stock in real-time, at any time, 24/7, even when you are not geographically, or physically present in the store.

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4. Synchronization Across Branches

If you have multiple store locations, stock levels will automatically synchronize across all branches. T

his is a simplified guide on how to manage your inventory using Youtap’s POS Stock Management App, allowing you to focus on growing your business without worrying about the complexities of inventory management.

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So, start optimizing the management of your inventory NOW by installing Youtap’s POS Stock Management application feature for your business, and experience the ease of managing your business’s inventory effectively, efficiently, and stress-free.

All done with the simple click of a mouse.