Information that must be updated by a company

There is some information that is needed to be updated by the company to support the operational:

1. New product

2. Change of the price because of the management policies

3. Change of the price because of the supplier policies

4. The total amount of your stocks in the warehouse to manage your stocking system

5. Quantity of your stocks that are sold

6. Price information on the POP (Point of Purchase)

7. Imformation about promotion activity like discount

8. Display of the product

Besides above information, there is some other data that is also needed to be updated which has a relationship with the product promotion. These data are important when the company decides to use a certain stocking system. It is also used to decides the selling price and the promotion method. Here are the data:

1. Kind, type and brand of the products

2. Order date, production date and expired date

3. Order price and profit target per item