2. Jezebel’s Boutique Company Background Jezebel’s Boutique Located at 366 E. College Ave., State College, PA Co-founded in fall 2007 by Patty and Jessie Stover Specializes in free professional bra-fittings Range of lingerie products including 23 brands of bras, maternity wear, sleepwear, robes and slippers Provides bath and body products, cosmetics, travel bags and handbags, and an array of other accessories
3. Problem - entire inventory process is conducted manually by the employees, using valuable time and money The inventory process for Jezebel’s Boutique consists of the following steps: Analyze stock on hand, typically by brand Record items below re-order point List items to re-order (those below re-order point) Re-order all needed products Receive and verify product order Manually input required fields for each product in QuickBooks Scan individual barcodes for the sale process in QuickBooks Put product onto sale floor Jezebel’s Boutique Issue – Manual Inventory
4. Mangers work an estimated 40 hrs/week 10 hrs/week on inventory Sales Associates work an estimated 3-12 hrs/week 1-2 hrs/week on inventory Jezebel’s spends an estimated $130 - $256 per month paying employees for inventory work ** Number does not include managers pay due to salary confidentiality Jezebel’s Boutique Issue - Manual Inventory
6. Solution – purchase the Fishbowl Inventory software Works seamlessly with the QuickBooks software that Jezebel’s currently utilizes Uses a configuration wizard to download all the customer, vendor, and quantity information directly from the QuickBooks files Fishbowl will transfer general ledger information to the QuickBooks database Uses barcodes and a scanner to automatically track inventory Jezebel’s Boutique Recommended Solution
8. Fishbowl Inventory software starts at $3,595 The software includes the following for up to one year from the purchase : One-on-one online training Online training videos Chat support Email support Phone support Jezebel’s Boutique Recommended Solution
10. The cost of Fishbowl Inventory is $3,595 The software will save Jezebel’s an estimated $256 per month (** Not including manager costs) $3,595 / $256 = 14 months Jezebel’s will pay off the software after 14 months and will then begin turning a profit. Jezebel’s Boutique Recommended Solution