PaladinNsight™: Take charge of your inventory investment with the Investment Review Tool
If you are a store owner, you are an investor. Your largest business investment is your store inventory. Like any money-making investment, you must regularly review and manage your investment to get the greatest return. The PaladinNsight™ Investment Review Tool can help you. This article provides information and overview on the following: What does it […]
Monitor the health of your inventory using the new PaladinNsight™ Dashboards
This feature is a series of key performance indicators that give businesses a real-time window into the health and activity of their store’s inventory.
Import/export inventory and access obscure inventory
This 30-minute webinar will cover how to import and export inventory items. We will also discuss how a store can access their obscure inventory file and make an inactive item into an active one.
Accounting for deleted inventory items
This article provides information on the way deleted inventory items can be accounted for in Paladin. Note: Inventory items are not “deleted.” They are inactivated and can be restored. For more information, refer to: Restore/activate an inventory item This article provides instruction and information on the following: Delete an inventory item with non-zero stock-on-hand Delete […]
Inventory On Hold
With Paladin’s Inventory On Hold feature, you can reserve an item for a pending transaction so that the available stock-on-hand (SOH) reflects the reduced quantity. To use the Inventory On Hold feature, you must create a stored transaction. You can use Inventory On Hold with the following tools: Inventory reports Suggested ordering Stock needs calculator […]
Ace Rewards: Class level exclusion
Ace Hardware stores can exclude individual classes of inventory from participation in Ace Rewards points. Ace Rewards-enabled stores may activate this feature by: In Paladin, from the main menu, select File > Setup. Select the Class tab. In the Classes pane, highlight the class of your choice. Under Default Dept., check No Rewards. Click Save, […]
Approval of uncommon inventory values
To reduce the occurrence of erroneous entries made to an inventory item’s Avg Cost and/or its stock on hand quantities, a Manager Approval window opens requesting Manager approval to save an item anytime a value greater than 10,000 is present in either field. You may still have numbers greater than 10,000 in these fields, but […]
Inventory: Quick glance
Frequently, during review of a PO, a quick glance at an item’s sales history or list of alternate suppliers is useful. To perform this, highlight any part number on your purchase order. Notice the grayed out F5 Mode PO button on the bottom ribbon is now replaced with a F5 Recall Inventory command. By pressing […]
View Qty On Order
To view quantities on order or cancel backorders: In Paladin, on the top ribbon, select the Inventory module. Click the magnifying glass next to On Order:. A display is presented on every order event (purchase orders), providing the PO #, Vendor #, Vendor, PO Date, Qty Ordered, Qty Received, Qty Backordered (Qty B/O), Cost, and […]
Setting replacement part numbers
Many times a replacement part number will utilize the same barcode as the discontinued item. In Paladin, all references to an inventory item must be guaranteed unique, meaning a barcode cannot be shared between two inventory records. To remove the current bar code from an old item and placing it in the new record: In […]
Calculating and setting Inventory/Stock need value
To understand the difference between items that sell frequently versus items with sporadic sales opportunities (frequent sales vs seasonal), Paladin has set a default value of 15%, meaning items that sold in less than 15% of the weeks in a year (8 weeks) should be considered sporadic sales opportunities and should be stocked at a […]
Edit Supplier information
To edit Supplier information: In Paladin, on the top ribbon, select the Inventory module. Enter the part number in the Part # box, then press Enter. Select the Order Control tab. In the Suppliers pane, click in a Supplier field or an Order # field. In the Edit Suppliers window, select a supplier from the […]
