How to Efficiently Manage Fashion Brands with Youtap POS Product Variants

The fashion industry is cutthroat, Survival relies on accurate inventory and creative designs, where issues such as product variants -  color, size, and model, can be challenging, complex,  and complicated. 

Addressing these issues, Fintech Youtap has developed a POS Product Variant system feature that makes inventory management, product distribution, and stock control more accurate, effective, and manageable. 

What is The Product Variants Feature?

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Youtaps POS Product Variant system feature enables businesses to manage product variants such as color, size, and model of the goods they manufacture, manage, distribute, and sell. 

This POS system feature is tailored for the fashion industry, as their goods come in multiple variants, from size (S, M, L, XL), to color (red, black, white, gray), etc.

Youtap’s POS Product Variant system has developed a feature that enables all product variants to be accessed, assessed, categorized, documented, organized, managed, and tracked into one, specifically designed, fashion-centric system, ensuring operational efficiency and avoiding inventory mismanagement. 

The Importance of Managing Product Variants in the Fashion Business

The fashion industry is not glamorous; it is a cutthroat dynamic industrial complex that is fast-paced, fluid, and transformational, refashioning itself every season, with each season heralding new trends slavishly followed by fashionistas and non-fashionistas alike.  

Youtap has created an accessible and user-friendly system that accurately monitors each product variant, from size to color to style, ensuring your business has secure operational management and distribution.  

Stock/ Inventory Errors

Youtaps POS Product Variant system feature ensures that your business has real-time oversight of your business inventory, ensuring that avoidable mistakes are not made, by either customers, management, or staff.

For example, an online customer has ordered a Size M. However, your stocked inventory has failed to be updated in real-time, making your inventory inaccurate, and causing avoidable and unnecessary drama, because your inventory has not been adjusted in real-time to show either availability or stockout. 

Difficulty Tracking Sales

Without having an organized POS Product Variant system, your business will have difficulty tracking items.

Youtap’s POS Product Variant system feature assists your business's overall operational management, from inventory and warehouse to tracking and delivery. 

Delayed Restocking

Accurate Inventory management helps your business's operational and stock management work seamlessly, without unnecessary disruption, delayed restocking, or customer dissatisfaction.

Implementing Youtap’s advanced POS Product Variant system feature lets you track, in real-time, your inventory - what stock is available (on-hand), what product is running low, and what product is unavailable, enabling your business, in real-time, to reorder, replace, and restock, preventing avoidable disruption to its management, productivity, and clientele.  

Advantages of Youtaps POS Product Variants Feature

Youtap’s POS Product Variant feature offers your business seamless operational management, data accessibility, flexibility, and more advantages.  

More Accurate Stock Management

Youtap’s POS Product Variant feature simplifies inventory management for your business, without needless worry about errors, human or otherwise, of stock management, from availability, color, sizing, style, et al..  

For example, Your business sells T-shirts with the size variants of  S, M, L, and XL. Each transaction records manages, and tracks, in real-time, your inventory’s size variant stock level, and availability. 

Data Accessibility Anywhere

Youtap’s POS Product Variable feature has cloud-based capabilities, enabling your business to readily access sale and stock data from anywhere, at any time. This feature is particularly useful for businesses with multiple locations, or for management that travels.   

Stock Error Prevention

Inventory management is important for all businesses. 

Yoiutap’s POS Product Variable feature enables real-time stock management and control, giving you an immediate notification if a product is running low, sold out, or needs reordering, ensuring operational consistency and efficiency. 

Flexible Product Variant Management

Youtap’s POS Product Variable feature enables you to edit all of your product variants without affecting other product data, effortlessly adjusting your inventory by editing singular variants without affecting other business information.

Detailed Sales Reports

Youtap’s POS’s Product Variants feature can generate detailed sales reports based on each product variant in your business’s inventory, from size to color to style et al. 

The detailed reports enable you to see which products are best-sellers, which sizes are selling, and which color is popular, data that helps your business make informed real-time decisions, avoiding overstocking, understocking, disruption, and customer disappointment. 

Why Do Fashion Brands Need This Feature?

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The fashion industry is competitive, cutthroat,  and fickle. 

It is an industrial complex that is known for brands and names, synonymous with glamour and luxury, but, the industry is also known for fast-fashion, sweatshops, and wastage. 

Today, to maintain a competitive edge, the industry needs product variant tools that address how businesses effectively maintain operational management, particularly the variant control of color, size, and style. 

Youtap’s development of its POS Product Variant system feature promotes the full automation of inventory management, erasing the traditional reliance of error-prone manual stock-taking by offering efficiency and structure

Youtap’s POS Product Variant system feature gives real-time stock management, automatically ensuring that there is an accurate overview of the what, where, and why of your inventory - its manufacture and production, tracking, distribution, and sales - greatly helping your sales and marketing teams to effectively operate in their decision-making processes, avoiding preventable issues and unnecessary wastage,  while fostering greater communication, cash flow, sales, and profitability.        

Three Easy Steps to Help You Manage Product Variants with Youtap POS System

Youtap’s POS Product Variant system feature has proposed three easy steps to help your business successfully use their POS system to your business's advantage

Add Products and Variants 

When new inventory is added to your current stock, variants such as size, color, and style can be easily edited - such as colors, prices, sizes, and styles -added to inventory without affecting stock already in your inventory. 

Monitor Stock in Real-Time

A standout characteristic of Youtaps’ POS Product Variant system allows your business to monitor your stock, in real-time. For example, your business will immediately receive notifications if a product is running low, enabling your business to reorder promptly, restock, and avoid delays, disruption, and customer dissatisfaction. 

Analyze Sales

Youtap’s POS Product Variant system feature produces comprehensive sales reports based on your business’s inventory level, enabling your business to make informed decisions based on demand, sales, and available stock  - producing real-time data and analysis integral to future sales strategies and marketing campaigns. 

Youtap’s POS Product Variants system feature is the best solution available for those [fashion] businesses looking for efficient, effective, and user-friendly operational management tools. 

Youtaps’ POS Product Variable system feature offers your fashion business real-time stock management, the ability to access data and analysis anywhere, anytime, and flexibility that manages your business’s product variables 

Installing Youtap’s Product Variant system feature into your business model ensures that your business and brand operate seamlessly without any unnecessary issues, from inventory to tracking, distribution to sales.