Vend's Reporting system is both customizable and flexible, making it a very powerful tool for managing your store. While you can attain all sorts of data from your store, below are some examples of the kind of information you can and might want to get from Vend's Reporting System:
Important: Revenue from Layby Sales will not appear in reports until they are paid off and completed.
Comparing product sales performance over a period
Report Group: Sales Reports
Report Type: Product Type
Measure: Items Sold
Date Range: Based on the period you wish to view
Format Results: By Product
Why run this report:
Running a report like this gives you an excellent insight into how well certain product types are performing. Say, for example; you use product types to specify seasonal stock and different product 'families', like men's clothing, women's clothing, and accessories. You can report on these product types and see how well each of these groups are selling by period and use the comparison to gain further insight into your top product types.
TIP: When preparing for a busy season you may want to run a report like this for the same period in the quarter/year before. This can provide a clearer idea of your best sellers in the past and help you make informed buying decisions going forward.
Keeping track of your top sellers
Report Group: Sales Reports
Report Type: Product
Measure: Items Sold
Why run this report:
Not only does this report show you which products are best sellers, but it also shows you your poor performers. This report can also be filtered by store and register, helping you identify potential areas for training. It may also help you identify products you may want to discontinue at a particular outlet or run a promotion for.
Measuring the performance of your staff
Report Group: Sales Reports
Report Type: User (If a user has not been given a display name they will only show as admin/manager/cashier.)
Measure: Items Sold
Format Results: By Product
Why run this report:
You can use this report for staff training and help you performance manage your team. With this report, for each of your staff members (users), you will be able to view the number of products sold, the type of product sold and the total revenue earned.
TIP: If you pay your staff commission you can use this report to see how much each staff member has sold and use it to help you calculate their bonus.
Getting a breakdown of daily totals over a period
Report Group: Sales Reports
Report Type: Sales Summary
Measure: Revenue
Date Range: Specify Dates
Why run this report:
This is an excellent report to run if you are looking to identify high or low turnover days. It can also be used to easily track sales progress across a number of days, allowing you to compare daily sales performance.
Tracking your current stock levels
Report Group: Inventory Reports
Report Type: Inventory on Hand
Why run this report:
Keeping track of your inventory is invaluable when monitoring your store's progress. This report can provide you with a simplified product by product breakdown of your current stock levels. You can also choose to group this report by SKU, brand, outlet, supplier or product type. If you have more than one outlet, you can see your combined stock across all outlets, or separated by outlet. While this report only gives you your current stock on hand, you can regularly export it to keep a comparative record of your stock going forward.
Tracking your sales by outlet
Report Group: Sales Reports
Report Type: Outlet
Measure: Items Sold
Format Results: By Product
Why run this report:
Keeping track of your outlets is invaluable when monitoring your store's progress across multiple outlets. This report shows you a breakdown of all products sold for each outlet over the specified period, as well as a summary of the total sales for that outlet over the same period.
Because Vend Reporting is extremely flexible, the reports listed here only represent a small amount of what's available. Now that you understand the kind of information that can be retrieved from Vend Reporting and how to customise them to your liking, you can get busy experimenting with other combinations!