An ability to utilize supply chain theory to help to maintain the right stock levels, and help to order the correct amount of products. This is to protect us against too large of an inventory and reduce stockouts.
There are simple formulas and are based on factors:
Where various methods can be used to calculate a safety stock and reorder point:
A couple of inputs will be required from the store:
Targeted service rate
Possibly lead time values based on supplier
Maybe be able to "export" these data to an excel document on a product basis, whereafter you input some of the required values which are not recorded.
This could add a lot of value to the store owners and will reduce the costs of excess inventory and prevent the loss of customers.