Business Management

Seed Markets: New Enhancements for Improved Efficiency

March 20, 2024 | By Cantaloupe, Inc.

Seed Markets: New Enhancements for Improved Efficiency

Seed Markets, our comprehensive market management software, is always growing. With its user-friendly interface and powerful features, Seed Markets simplifies the management of your micro market, improves efficiency, and provides valuable insights to drive your business forward. While users know and love this product, we’ve added new tools that allow you to upload full market configurations in one click and monitor inventory variance and shrink on one easy to read page.

Combat shrinkage with greater efficiency and accuracy.

Market shortage and theft are often top of mind for operators. To protect your bottom line, you want to know what you’re losing and why — so you can take steps to keep that loss as small as possible. Our new Shortage Analysis tool on the Market Details page displays your shrinkage data in one place.

This feature allows operators to track inventory variance and shrink loss across all products in a single market quickly. By calculating the loss amount against total market revenue, Seed Markets now provides a comprehensive view of inventory discrepancies. This instant insight eliminates the need for manual data analysis.

Benefits:

  • Quick and accurate monitoring of inventory variance and shrink loss.
  • Easy identification of possible theft and market theft analysis.
  • Improved data access for faster decision-making and reduced shortage.
  • Enhanced reporting capabilities for discussions with customers and stakeholders.

To access this new feature, click the Market List tab within Seed Markets. Select a market by clicking its Market ID. On the Market Detail page, click the new Shortage Analysis tab. Once there, you’ll see Total Market Revenue, Total Shrink Loss, and Total Shrink Percentage, along with Product Details for any items with inventory variance in the market.

Run a report by specifying a date range and checking which data fields you’d like to include: Item Code, Item Cost, and Items. Select Go to generate a more customized and detailed view. Then, print and share the report by exporting to Excel.

Simplify market creation with import/export functionality.

Want to save hours and hours of time building markets in Seed? With our new Market Import functionality, importing new markets can be as simple as copying and pasting planograms!

By enabling you to upload a completed Excel file containing all the relevant information, this feature eliminates the need for manual creation of each new market in Seed and allows you to create multiple markets at once. Whether you’re expanding with new micro markets or acquiring new business, this functionality saves you time and effort.

Benefits:

  • Bulk upload markets to reduce the time and effort required to create new markets.
  • Facilitate the seamless creation of new markets, making it easier to grow your business.
  • Turn a multi-day project into an hour-long task.

To create new markets with ease, click the Market List tab in Seed Markets. Click the new Import/Export Markets tab at the top of the page. Here, you can import completed Excel files and your markets will automatically be created.

If you’re planning to expand your business or acquire new markets, Seed Markets’ import/export functionality is a game-changer. By quickly setting up new markets using the Excel template, you can save time, reduce errors, and ensure accurate and consistent market information.

If you’re not already using Seed Markets, you’re missing out on a streamlined inventory management solution. Seed Markets empowers businesses to make informed decisions, improve efficiency, and drive growth. Don’t miss out on the opportunity to revolutionize your inventory management practices with Seed Markets.

Author

Cantaloupe, Inc.

Cantaloupe, Inc. is a digital payments and software services company that provides end-to-end technology solutions for the self-service economy.

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