Inventory

Visibility and control across the whole business - from 1 to 1,000 locations

Features

Inventory Management

The Problem

Managing stockholding across the estate accurately in real time is notoriously complex. Over-ordering, wastage, theft and manual stock reporting skew the reporting and lead to poor purchasing decisions.

Our Solution
Fourth automates the whole process with inventory system management. Reliable reporting provides you with one version of the truth - and the reporting has the breadth and depth you need to make sure you always have the right stock in the right place at the right time. No more and no less.

 
 
 

Requisitions & Transfers

The Problem

Managing vast numbers of stock items with variable sell-by dates against a backdrop of variable demand at many locations brings incredible challenges to the bottom line and stock availability.

Our Solution
With Fourth inventory management software, requisitions and transfers are child's play. Requisitions are easily handled, whether storeroom-to-outlet or outlet-to-outlet, along with standard transfers, cross-property transfers and returns. The result is total cost-by-outlet visibility.

 

Point of Sale integration

The Problem

Errors and duplications are commonplace when the processes to manage and control stock at the back of the house are not integrated with the sales entered into the POS at the front of the house. The true picture is distorted - and any resulting decisions are therefore also warped.

Our Solution
Fourth’s inventory management system fully integrates with your POS, creating a complete business system to reduce costs and improve efficiency. You know on-hand inventory in each outlet on demand. Accompanied by smart analytics, Fourth gives you a peerless view into your operation.

 

 

Recipe Edition Procure Edition Premium Edition Enterprise Edition
P2P Recipe Edition is ideal for recipe, allergen, and menu cycles management. P2P Procure Edition gives you procurement tools such as electronic ordering, catalog management, and supplier network connections. P2P Premium Edition combines Recipe Edition and Procure Edition into a single unified tool. And it’s easy to upgrade from either to Premium. P2P Enterprise Edition does everything Premium does, plus order matching, inventory management, receiving, requisitions, POS integration, cost control analysis and more.

Not sure which edition is right for you? Contact Us


 

Fourth’s inventory management system has improved our profitability by enabling great visiblity on our inventory ordering and management. Overall, there has been a fantastic 4.88% difference in GP in favour of last financial year. I expect this to improve still further.

Andy Ross Director

Fourth’s inventory management system has really improved our inventory management, and links in seamlessly with our EPOS system - especially useful for inventory audits. I would definitely recommend it for hotels.

Alain Grand-port Group Financial Controller

Specs

All you need to run Fourth’s products is a device with an internet browser. Yup, that’s it.