InventoryMADE SIMPLE WITH

XERO

Inventory

So, I 've got Xero, how do I know howto manage my inventory?

Should I do it in Xero? Or use an add-on?

TRY ONE OF THESE CHOICES

XEROU N T R A C K E D I N V E N T O R Y

Stock Nature The technical The business

Less than 100 items

Can be used to trackservices lines

Suited to ad hoc,custom inventory

No capacity to trackmultiple locations

No photographs in Xero toidentify stock

Journals are not posted torecord COGS, shrinkage

May create custom pieces

Can report categories ofitems sold

Does not carry a highvolume of stock requiringstocktakes

XEROT R A C K E D I N V E N T O R Y

Stock Nature The technical The business

Less than 100 items

Limited number ofsuppliers

Product lines are changedinfrequently

No capacity to trackmultiple locations

No photographs in Xero toidentify stock

All stock journals areautomated

Business does not createcustom items

Lower frequency oftransactions

No requirement for POSstyle receipts

VENDP O S W I T H T R A C K E D I N V E N T O R Y

Stock Nature The technical The business

High volume of stock

High turnover of stock

Retail stock, can also trackservices

Multi locations

Pricing tiers and loyaltyenabled

Register based

Shallow integration

Uses a retail environment

Needs stocktakingcapability

Needs an all roundpurchase ordering,inventory and POS

UNLEASHEDI N V E N T O R Y M A N A G E M E N T

Stock Nature The technical The business

High volume of stock

High turnover of stock

Complex ordering orInventory management

Multi locations

Posts sales, purchases andstock adjustments as theyoccur

High reportingfunctionality

Complex wholesalers

Businesses selling stocksusing different unitmeasurements

Offers pricing tiers

NEXT STEP

Do a stocktake Future plan An informed choice

How many line items?

How many transactions?

Identify your 5 trickiestcustomers and suppliers

How big do you want togrow?

Think new channels,markets and products

Ask questions

Get staff engagement

Get on with it.

I N V E N T O R Y M A N A G E M E N T

BUSINESS ADVISORS

(03) 9028 4005www.brambleandbriar.com.aucloud integration | cfo advisory