Your guests depend on accurate, gorgeous, and always-available color when they visit their favorite stylist, so keeping an accurate count of what product is on hand and what needs to be ordered is crucial. A professional salon color inventory system allows your salon to hit the mark every time.
The benefits of managing your color inventory
No one wants to show up at their salon to be told that their color isn’t available. While some guests might appreciate the idea of trying something new, it’s better to offer a new look as a choice instead of as a result of failed inventory management.
In addition to making sure that your guests always have the gorgeous colors they crave, there are other benefits to implementing a salon color inventory system.
1. A salon color inventory system protects profits
Inventory management has a direct effect on your bottom line, but many businesses aren’t capturing these savings. In fact, 45% of U.S. small businesses do not track their inventory — or only use a manual process.
Hair color is expensive, and running out at the wrong time means canceled services. Additionally, if your hair salon inventory management isn’t on point, you might be ordering too much or spending money on color that doesn’t move. Carrying too much inventory can be just as bad as not carrying enough. Excess inventory represents funds that are tied up in products instead of turned into profits.
2. It ensures fresher products
Even though hair color is relatively long-lasting, poor color inventory management means unsold color languishing in the back room for years. The longer it sits, the less chance you’ll get the vibrant results guests are looking for.
Plus, some colors go in and out of style depending on the latest trends. You don’t want to order too much of a sizzling shade just as the demand for it starts to cool down.
3. It provides the real-time transparency you need
Managing your color with salon inventory software offers just-in-time transparency to improve your guests’ experience. Put simply, do you want to be the one to tell a guest that part of their service is unavailable due to inaccurate inventory? Disappointed guests, frustrated stylists: a proper salon color inventory management system means never having to say “no” when a guest arrives.
Have multiple locations? Not a problem. One centralized database keeps accurate accounts across salons, with daily reporting options for sales and inventory.
4. A salon color inventory system helps you set targets
Looking to reduce shrinkage, gain control of both the back bar and the retail space, or maximize your revenue from color inventory and other products?
Better salon color inventory management can help you set targets by generating accurate counts of whatever is in stock, what gets used frequently, and what might need to be cut.
A next-generation salon color inventory approach
Tracking inventory may have been tedious in the past, but SalonBiz can help you master this crucial task.
Mobile touchpoints for staff and stylists
Mobile inventory counts are efficient, effective, and accurate. There are fewer errors (no paper tracking), and when you use the stylist app to count your backbar you’ll save valuable time. All staff members (including stylists!) can quickly check and update inventory from their mobile device — no fuss and no long days off counting stock.
The SalonBiz mobile salon inventory app is intuitive to use. Just download the SalonBiz Stylist App on iPhone or Android to get started. Staff and stylists can use their phone’s camera to take quick shots of products and get accurate, on-hand quantities, even across all locations.
Vish + SalonBiz
SalonBiz partners with Vish, the industry’s top color management system, connecting an intelligent Bluetooth scale from the color room to SalonBiz and capturing all services and product charges. Find out more about how it works here.
SalonBiz makes inventory control and automated ordering easy. Never miss a sale with automated orders that arrive when you need them.
With SalonBiz, you can auto-create purchase orders for each vendor when stock drops below a pre-set minimum. You can also auto-create orders by category. Both options take the guesswork out of when to order new color inventory and can help track what’s being used (and what’s consistently left behind).
Still prefer manually ordering stock as you need it, or considering adding new product lines?
SalonBiz offers real-time reporting that everyone on your team can access. With mobile inventory tools, order just what you need, when you need it.
Quick counts mean no wasted time shuffling paper and tracking orders. This frees your staff and stylists up to provide the excellent service that your guests have come to expect at your salon.
Stay in stock with SalonBiz
With a busy salon or multiple locations, it can be challenging to keep all of your color inventory counts accurate. But knowing what’s on hand is crucial for providing excellent service for guests and keeping your salon profitable.
Accurate salon color inventory management leads to a full book, happy stylists, and happier guests.
Are you ready to save time and hassle by using a salon color inventory system? Get in touch with us to schedule a demo today!