2 Stock Flags Tab

Field Name Description of Function
Update

This function determines whether a stock card is updatedby price updates.

Goods Labels

If a product is not displayed on a shelf and / or the product does not have a barcode to scan then goods labels can
be utilized.

The goods label option, if selected, will generate a label displaying the product description, barcode, and PLU number. If you wish the retail price to also be displayed on the goods label then the ‘Price on Label’ option must also be selected.

If a shelf label is displayed, you have the option to produce a goods label without a price. I.e. When a price change occurs, you will only have to change the shelf label instead of changing all the goods labels as well.

Ask Price

Usually used in conjunction with ‘Hot Keys’ when the retail price varies and needs to be specified at Point of Sale (e.g. photographic D&P, Hire Deposit and Scripts Ask Price, etc.)

Seasonal

This option is only selected in situations where the sale of specific products varies dramatically from one season to another (e.g. suntan lotion in tourist destinations and allergy tablets during hay fever season).

Only Order if Negative SOH

If this option is selected the item WOULD only be included in order if the SOH is less than zero. The Order algorithms will order a quantity to bring the SOH back up to zero. E.g.: If there is –2 SOH the order quantity will be 2.

Re-Order

This option will always need to be selected unless the product is never to be reordered once the last one is sold, that is if the item is discontinued or no longer required to be stocked. You can however still order the product manually if it is set to not re-order but the system will never prompt to automatically reorder this.

Price on Label

See the ‘Goods Label’ option above.

Allow Discount

This option is to be selected if you allow the product to be discounted at the Point of Sale.

If the product is a nett item whereby you don’t want to allow the customer to receive a discount you need to ensure this is not ticked. This will prevent LOTS from applying discounts on these specified products.

Shelf Label

This option needs to be selected in cases where the product requires a shelf label to easily allow the customer to view the retail price. It will display the ‘Product Description’, ‘Barcode’, ‘PLU number’ and ‘Retail Price’ of that product.

Note: If a product is not displayed on a shelf or does not have a barcode on the packaging, then a Goods Label may be required (see above).

Discontinued

This flag used to be used when a product is discontinued and no longer stocked in the pharmacy.

Stock On Hand

What the program believes is the actual stock on hand value.

This amount is adjusted when a stock take is uploaded onto the system and continually adjusted as products are sold and order delivered using the LOTS program.

Minimum SOH

There may be cases where you require two units of a particular product to be in stock at any given time, as the item is usually sold in pairs rather than as a single unit.

You can specify a minimum stock on hand level which will force the system to maintain this stock level and not fall below this. Using this option is only recommended for items that you definitely don’t ever want to run out of and not for fad items.

Expected Sales for Month

Calculated by the system over time this value varies month to month depending upon the sales history. This expected sales for month total are also displayed within the sales history graph in green.

Sales MTD

‘Sales Month to Date’ is calculated by the system during the current month period. This total displays all transactions including returns. During the start-up procedures for the 1st of the Month the system automatically moves the total amount of Sales MTD to the graph and blanks this back to zero to commence the new month period

Stock On Order

This is calculated by the system automatically depending on sales history, stock on hand, and if the re-order flag is selected, etc.

Once you create an order, this field will display the quantity on order. You are able to view the Stock On Hand (SOH) amount as well as the on order quantity within this stock card ‘Info 1’ tab.

When you select to ‘Order Item’ within the stock card this will also update the ‘Stock On Order’ amount.

Last Order Date

This field within the stock card displays the last date that an item was ordered delivered via the Ordering Module ONLY. This field is updated whenever an item is included in an order that becomes Order Delivered within the Ordering Module.

Locations

This field is used for storage locations. This functionality gives you the ability to set:

  • Location code;
  • Facing qty;
  • Max qty;
  • Position

Storage locations is