Why stock management is important
Product costs are one of the largest expenses for salons. Without good stock management you spend too much, risk shortages or waste products that expire.
Setting up smart stock management
A good stock management system includes:
- A complete product catalogue with prices and suppliers
- Real-time stock levels per product
- Minimum stock thresholds with automatic alerts
- Usage recording per treatment
- Periodic stock counts and reconciliation
Stock management with MyWest
MyWest offers a built-in stock management system where you register products, monitor stock levels and receive alerts when stock is low. So you always have enough products in stock without excess inventory.