XpertMart's
reports rank your vendors by average margin, inventory turn
and average markdown for any date range you choose. This information
can provide valuable leverage when negotiating better payment
terms and lower costs. Showing a vendor that their merchandise
takes twice as long to sell as that of other vendors or that
the margin was a good 10 points lower than the average can quickly
turn a discussion in your favor.
XpertMart:
Point
of Sale and Inventory Control for Retailers
If
your vendor won't offer a bigger discount, look for other concessions.
One retailer we know was able to convince his biggest vendor to put
his own bar code labels on the merchandise before it shipped out,
saving him considerable labor expense.
