Regularly reviewing invoices helps protect profit margins by allowing retailers to respond quickly to any cost changes.
Note: Initially, you will need to save all Original Costs and map the items. It may take some time but it will make tracking and managing everything much easier going forward, therefore saving time and money.
After reviewing New Items, any mapped items will be moved to the checklist under Cost Changes, if applicable.
Steps:
Review both the Old Price (this is the Current retail price) and the New Price
To update your retail price, you can either select a suggested price from the New Price scroll panel or manually enter a different price, then click
SaveIf you prefer to keep the same retail price, change the New Price to the Original Price, and then
Save
Important Note: Be sure to save the original price so our system will flag any future cost changes.If a Target Margin is set at the department level, it will be prioritized as the primary suggestion. The default options—High, Medium, and Low—can be adjusted by a Vori team member upon request.
Best Practices:
Tap
Skip Margin Changeto avoid adjusting the price while still saving the old cost for tracking and monitoring any future increases.
Click the icon next to the name of each product to refer to the Product details. Within this window you can also see individual item sales.
If you need to make edits to item codes, case costs/size, or quantities, you can make manual edits in the Items table. The tables will be updated immediately after you make any edits.
