Is there an easier way to hair salon inventory management?

Is there an easier way to hair salon inventory management?

Inventory management refers to the administration of inventory. But this is something that you know all too familiar with because you are a hair salon owner. You are constantly thinking about how many products you need, and researching the products that are available on the market at the present moment. Keeping track of hair salon supplies is no easy thing. You are required to maintain an optimum level, meaning that you have to make sure that there is not too much or too little inventory. The good news is that there is an easy way to hair salon inventory management. Can you guess what it is? It is hair salon software. Hair salon software helps you avoid things like stockouts. For more details on what hair salon software can do, see below.

 

Know how much inventory you have

Chances are that you do not know how much inventory you have. You run a small business, and you do most of the work. You have very little time, and you would rather spend it cutting hair than going through the inventory. Yet, it is important to keep track of how many beauty supplies you have in stock. If you do not have a clear idea about how many items you have in stock, you will be making decisions based on false assumptions. This is why it pays to use hair salon software. With such a software program, you can search through your inventory and see your current stock level. Not only do you know how many beauty supplies you have, but also how many you need.

Classify your inventory

If you want to be able to handle the whole volume of inventory, you have no choice but to categorize it. What you need to do, more specifically, is create different categories of products, like shampoo, hair dye, hair conditioner, hairspray, and so on and so forth. You might think that this is not necessary, as you have a small hairdressing business and you do not have that big of an inventory. The size of your stock does not matter. What matters is that you keep organized. Yet again, hair salon software can help you in this respect. The applications let you organize items into categories. As a matter of fact, you can include details like model and the name of the supplier. That is pretty neat!

Run inventory management reports

At some point or the other, you will need the documents summarizing the items you have in stock at a given date. What do you do if you have to run inventory reports? The only thing you can do is sue hair salon software. This is what is so great about this software. You can instantly see the amount of inventory that you sold.   All you have to do is go to the “Reports” section, and find the report that you need. Who would have thought that things could be so easy? With just a few clicks, you have the information you are looking for.

 

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