Lumi Business Inventory Features are designed to support fast-growing retail and multi-store businesses that need more than basic stock tracking.
Running a fast-growing retail or multi-store business demands more than basic stock tracking. Merchants need accuracy, visibility, and strong operational controls that help them protect revenue while maintaining efficiency across all locations. To support this, Lumi Business has introduced seven major updates to the Inventory App, each designed to strengthen management oversight, improve data integrity, and enhance daily operations for both single- and multi-store businesses. These Lumi Business Inventory Features focus on revenue protection, operational visibility, data integrity, and scalable retail management.
Lumi Business Inventory Features Overview
To support this, Lumi Business has introduced seven major updates to the Inventory App, each designed to strengthen management oversight, improve data integrity, and enhance daily operations for both single- and multi-store businesses.
1. Minimum Custom Price Control: Protecting Revenue at the Point of Sale
In retail, flexible pricing is often necessary to accommodate promotions, discounts, and customer negotiations. However, allowing unrestricted custom pricing can inadvertently lead to revenue loss or even selling below cost.
The Minimum Custom Price Control feature addresses this challenge by enabling store admins to set minimum allowable custom prices for individual items. Merchants can define minimum prices as a fixed amount or as a percentage of the product’s default selling price. During checkout, any custom price below this threshold is automatically blocked, ensuring staff compliance with pricing policies.
Business Justification: This update is part of the broader Lumi Business Inventory Features designed to protect profit margins while allowing controlled pricing flexibility.
Merchant Benefits:
- Prevents unauthorized underpricing and protects revenue
- Enforces pricing standards at the point of sale
- Reduces errors and accidental low pricing
- Provides customizable rules for high-margin and sensitive items
2. Dedicated Restock Tracking Page: Complete Visibility Into Stock Replenishment
Inventory replenishment is a critical aspect of retail operations, especially for businesses managing multiple stores or suppliers. The Dedicated Restock Tracking Page centralizes visibility for all restock activities, including supplier information, invoice details, product quantities, and cost prices.
This feature allows merchants to view, filter, and manage restock records across stores, providing a single source of truth for stock management. Detailed restock pages include itemized breakdowns, expiry dates, and supplier links, streamlining supplier performance tracking and financial control.
Business Justification: Centralized restock tracking reduces errors, improves accountability, and saves time across multi-store operations.
Merchant Benefits:
- Consolidates restock data across all stores
- Improves accuracy in supplier and inventory management
- Enhances operational efficiency with filterable, detailed records
- Supports audit-ready documentation and financial reconciliation
3. Waybills Management Page: Streamlined Tracking for Goods in Transit
Logistics and stock transfer tracking is essential for retail efficiency. The Waybills Management Page consolidates all generated waybills into a single, manageable module. Merchants can track shipment status, origin, destination, product quantities, and staff accountability in real time.
Authorized users can update waybill statuses directly from the module, while filters and search tools ensure quick access to historical and active shipments. This centralization mitigates miscommunication and delivery errors, enhancing operational reliability.
Business Justification: Without centralized waybill tracking, logistics operations become fragmented, leading to delays, accountability issues, and operational inefficiencies.
Merchant Benefits:
- Provides real-time visibility into store-to-store or branch transfers
- Improves staff accountability with audit trails
- Enhances operational efficiency and reduces delays
- Supports accurate reporting and compliance with inventory audits
4. Revenue Goals & Real-Time Progress Tracking: Instantly Measure Store Performance
Performance-driven operations require clear goal-setting and monitoring. Lumi’s Revenue Goals & Real-Time Tracking feature enables merchants to set daily, weekly, and monthly revenue targets for each store, monitoring progress automatically as sales occur. These performance tools reinforce how Lumi Business Inventory Features support data-driven decision-making across all store locations.
Merchants can view real-time progress through intuitive dashboards, allowing management to identify high-performing branches, adjust strategies, and motivate sales teams effectively.
Business Justification: Structured revenue targets drive accountability, ensure alignment across stores, and support data-driven decision-making.
Merchant Benefits:
- Real-time visibility of revenue goals per store
- Enhanced performance management and motivation for staff
- Enables quick identification of underperforming branches
- Supports business growth with structured target-setting
5. Restrict Users to Assigned Store: Stronger Security With Operational Flexibility: Why Businesses Need This
Multi-store operations often require strict access control to maintain inventory security and operational clarity. Lumi’s Restrict Users to Assigned Store feature ensures staff can only access their designated store while retaining the ability to initiate stock transfers to other locations.
All transfer activities are logged with user, origin, and destination information, maintaining accountability without limiting operational flexibility.
Business Justification: Prevents unauthorized access, minimizes errors, and ensures secure stock management across multiple locations.
Merchant Benefits:
- Protects sensitive inventory data from unauthorized access
- Enhances accountability through detailed transfer logs
- Balances operational flexibility with strict security controls
- Simplifies role management across multiple store locations
6. Mandatory Customer Email at Checkout: Clean, Reliable Customer Data
Accurate customer information is critical for communications, marketing, and order verification. With Mandatory Customer Email at Checkout, businesses can enforce email collection for every transaction.
This ensures that merchants can send order confirmations, receipts, and follow-ups, while improving customer profiling and engagement opportunities. The setting is configurable at the store level, allowing flexibility across different locations.
Business Justification: Accurate customer records reduce disputes, support digital communications, and enable marketing initiatives.
Merchant Benefits:
- Guarantees valid email addresses for all transactions
- Supports marketing campaigns and loyalty programs
- Improves record-keeping and traceability
- Enhances customer satisfaction and post-purchase engagement
7. Restrict Customers to Specific Stores: Prevent Confusion and Duplicate Records
In multi-branch businesses, customer data consistency and ownership are crucial. The Restrict Customers to Specific Stores feature ensures that each customer is tied to a single store, preventing staff from accessing customers outside their assigned location.
Administrators retain global oversight while store-level staff work only with their assigned customer base. This avoids duplication, improves communication, and ensures a personalized customer experience.
Business Justification: Enforces data integrity, reduces confusion, and provides clear ownership of customer records. Collectively, these Lumi Business Inventory Features help merchants enforce controls, reduce errors, and operate with confidence at scale.
Merchant Benefits:
- Maintains accurate, store-specific customer databases
- Reduces confusion and duplicate outreach
- Enhances accountability and operational clarity
- Supports centralized reporting and management for admins
Conclusion
The Lumi Business Inventory Features are engineered to provide comprehensive control over retail operations, combining inventory accuracy, revenue protection, and customer data integrity into one powerful platform. Features such as Minimum Custom Price Control, Dedicated Restock Tracking, Waybills Management, Revenue Goals Tracking, Store-Level User Restrictions, Mandatory Customer Email, and Store-Specific Customer Restrictions empower merchants to optimize workflows, improve transparency, and drive profitability.
By adopting these advanced tools, multi-store and single-store businesses alike can ensure operational excellence, compliance, and scalable growth in a competitive retail landscape.
One Response
It’s refreshing to see updates that focus not just on increasing efficiency but also on improving data integrity across all store locations. The visibility aspect seems like it will really help businesses stay on top of their operations, especially when scaling.