instore - October 2016 - CI12


Operations and Logistics:

FISHBOWL SOFTWARE'S ABILITY TO AUTOMATE
PURCHASING STREAMLINES THE PROCESS OF IT.
PHOTO CREDIT: FISHBOWL

Inventory management
software

dates. Inventory software should also
use minimum and maximum inventory
alerts and re-order alerts with purchase
order automation to streamline ordering
and re-ordering."
Fishbowl provides these options for
commissaries, with Hair himself even
working with NASA to train some of
their staff on using the program in the
production of astronaut food. Fishbowl,
like Unleashed and most others, is set
up to work with QuickBooks. It can help
you create bills of materials and work orders for manufacturing, and aids in the
warehouse by allowing a commissary
to pick, pack and ship products, manage multiple warehouses, avoid stockouts and overstocks, and integrate with
other e-commerce solutions, he says.
You can then use the system to track all
of your assets, generating and scanning
barcodes, updating data in real time and
automatically reordering materials.

by Stephanie DeCamp

hen it comes to methods of
inventory control, navigating
the world of software management systems can be a daunting task. In
March, Commissary Insider covered
why using this kind of software can help
your business, but with convention season almost over, there have been a number of new developments that are worth
examining if you're looking to establish
or upgrade your current inventory operations. In light of so many new regulations
surrounding FSMA, we've picked two
systems that have chosen to put accountability and tracking of every aspect of

W

the food manufacturing process first and
foremost: Unleashed and Fishbowl.
"A proper inventory management system will solve issues by helping a fresh
food producer track the following: inventory quantities, total asset value with
the ability to filter by warehouse and
item, and offer traceability and tracking
to give cradle to grave visibility with recall protocol," says Kendrick Hair, vice
president of development at Fishbowl
Inventory in Orem, UT. "This starts with
tracking batch or lot numbers and can
also include production and expiration

Red Shirts Ltd

?

John Doe

Year to date

Dashboard - Quarter to Date
Proﬁtability

Quarter to date

Month to date

Margin
60,000

119%
15%
Sales Margin
58%

50,000
40,000
Value

Sales Revenue
245,938.63

30,000
20,000
10,000
0
7 Jan

10 Jan

13 Jan

16 Jan

19 Jan

22 Jan

25 Jan

28 Jan

31 Jan

3 Feb

Revenue

Proﬁt

Revenue

Activity

6 Feb

9 Feb

12 Feb

15 Feb

18 Feb

21 Feb

24 Feb

27 Feb

Proﬁt

Transactions

30%
Number of sales
16

3%

14 Open Quotes

11 Expired Quoted

3 Open Sales

2 Late Sales

26 Open Purchases

No Late Purchases

13 Open Credits

5 Low Stock Alerts

No Open Stock Adjustments

2 High Stock Alerts

Items per sale
1.31

Stock

KPIs

Value of Stock

282,536.32

27%

Annual Stock Turns

0,54

532 %

Purchases Value

0,00

0%

Average Days to Sell

681,50

84 %

UNLEASHED SOFTWARE'S INVENTORY MANAGEMENT SYSTEM INCLUDES ITS OWN CRM, CALLED SALESFORCE, AS WELL AS AN IPHONE APP FOR REAL-TIME USE.
PHOTO CREDIT: UNLEASHED

12 * OCTOBER 2016

*

commissary INSIDER
Table of Contents for the Digital Edition of instore - October 2016
