Inventory & Procurement

Keep food, retail, parts, supplies, prizes, packaging, and chemicals on one inventory model — with items, locations, stock levels, purchase orders, counts, and three-way matching all in one place.

Why it matters

Stop the loss hiding across everything you stock.

Every dollar of shrink, spoilage, and missed sale to an empty shelf comes straight off your margin — and it hides across food, retail, parts, supplies, prizes, packaging, and chemicals, all moving at once at different speeds. The Park Operations Platform holds every one of those categories in a single model, so consumption is captured where it happens, reorder points fire before a shelf runs dry, and what the books say you have matches what's actually on hand.

$1.2T
lost worldwide every year to empty shelves — the sale you can't make when stock isn't there
6.5%
of global retail sales swallowed by out-of-stocks and overstocks combined
1.6%
of sales lost to shrink — theft, error, and spoilage — about $112B across U.S. retail

Sources: IHL Group, Retail Inventory Distortion, 2025 (out-of-stock cost, distortion as a share of sales); National Retail Federation, National Retail Security Survey, 2023 (shrink rate, FY2022).

What it does

From item definition to three-way match.

Items

One clean catalog for everything you stock — no more duplicate or mismatched records.

  • Item definitions across every category
  • Unit conversions between purchase and use
  • Vendor catalog
  • Pricing history
Locations

Know exactly where every item sits, down to the truck or the shelf.

  • Warehouses and central storage
  • Storerooms by area
  • Outlets and points of sale
  • Trucks and mobile stock
Stock levels

Reorder before you run dry — without tying up cash in overstock.

  • Current quantity by location
  • Available vs. reserved
  • Reorder points and maximum levels
Transactions

Every movement of stock is captured, so counts stay honest between physical counts.

  • Receiving against orders
  • Issues and consumption
  • Transfers between locations
  • Adjustments and returns
Purchase orders

You pay for what you ordered and received — nothing more.

  • PO creation with approval workflows
  • Vendor transmission by EDI, email, or portal
  • Three-way match — PO, receipt, and invoice
  • Variance handling
Counts

Find and explain the shrink instead of writing it off blind.

  • Cycle counts on a rolling schedule
  • Annual physical inventory
  • Variance investigation
  • Adjustment with audit trail
Specialty stock

Catch perishables and regulated items before they expire on the shelf.

  • Kits assembled from components
  • Serial- and lot-tracked items
  • Expiration tracking and alerts

See Inventory & Procurement in action.

A 30-minute working conversation — we'll walk through inventory and purchasing with scenarios drawn from operations like yours.

Book a demo