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What is Off-price Solution?
The off-price retail industry is experiencing rapid growth, raising questions about its meaning and the key elements behind its success. In this brief overview, we will delve into the off-price retail concept and highlight the factors that make it appealing to both brands and shoppers. INTURN emerges as the only inventory optimization platform that allows brands to successfully sell off slow-moving and surplus inventory to retailers, enabling them to recoup cash more swiftly. By utilizing our innovative solution, you can significantly enhance your off-price business operations. Brands often face the challenge of excess inventory that does not sell at full price or even after markdowns in traditional retail, prompting them to seek strategies for monetizing this surplus to maintain healthy cash flow and sustain their operations. As a result, many brands turn to off-price retailers, who purchase these excess goods at deep discounts, often between 40% to 60% below the wholesale price, and accept whatever terms are available for these surplus items. This relationship not only aids brands in moving their inventory but also provides off-price retailers the opportunity to deliver enticing deals to cost-conscious consumers, creating a win-win scenario for all parties involved. As the off-price sector continues to thrive, understanding these dynamics becomes increasingly important for those looking to navigate this evolving market.
What is KEY-POS?
DBMS Inc's Key-POS Retail Management System is a comprehensive software platform that integrates point-of-sale functionalities with inventory oversight, accounting practices, and overall management aimed at boosting retail operational efficiency. It automates transaction processing, covering aspects such as sales recording, barcode scanning, real-time price verification, refunds, order cancellations, backorders, special requests, layaway plans, and immediate billing linked to customer accounts. The system also includes advanced inventory management features, offering notifications for reorder points, monitoring of stock levels, and extensive reporting, complemented by a full accounting suite that consists of a general ledger, accounts receivable and payable, along with inventory valuation, ensuring a seamless integration of financial and operational data. Emphasizing user-friendliness, Key-POS boasts an easy setup, an intuitive interface, and compatibility with crucial hardware like barcode scanners and cash drawers, while also incorporating specific functionalities designed for retailers, including customer-specific pricing and integration with distributor catalogs. This holistic approach guarantees that businesses can streamline their retail operations while maintaining the necessary flexibility to cater to their distinct requirements, ultimately empowering them to thrive in a competitive market.
Integrations Supported
SAP Store
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
$6,085 one-time payment
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
INTURN
Company Location
United States
Company Website
www.inturn.com/off-price/
Company Facts
Organization Name
DBMS Inc.
Company Location
United States
Company Website
www.dbmsinc.com/point-of-sale-solutions/
Categories and Features
Retail Management
CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce
Categories and Features
Point of Sale
Barcode Scanning
Commission Management
Cryptocurrency Support
Customer Account Profiles
Discount Management
Electronic Signature
Gift Card Management
Loyalty Program
Multi-Location
Restaurant POS
Retail POS
Returns Management
eCommerce Integration
Retail POS Systems
Barcode Scanning
Commission Management
Discount Management
Gift Card Management
Inventory Management
Loyalty Program Support
Pricing Management
Returns Tracking
Sales Tracking
Touch Screen
eCommerce