Stocktaking—it’s one of those tasks that often gets pushed to the bottom of the to-do list, especially when you’re running a busy business. But let’s be honest, keeping track of your inventory is crucial for making informed decisions, reducing losses, and ensuring smooth operations. While many businesses try to handle stocktaking in-house, outsourcing this task […]
Stocktaking might not be the most glamorous part of running your own venture but an accurate stocktake can have HUGE financial benefits for you and your business, from reducing stock loss to improving efficiency all round. Makes getting it right a whole lot more interesting…right? Read on for even more ways that getting your stock […]
If you’ve ever felt a bit overwhelmed by an impending stocktake, you’re not alone. The key to a smooth and successful stocktake (like anything else) lies in the preparation. Think of it like planning a party—you wouldn’t throw one without organising everything first, right? So, let’s dive into the essentials of preparing for a successful […]
In 2024, the UK has seen a sharp increase in shoplifting cases, with reports indicating a 25% rise compared to the previous year. This surge has been felt across the board, from high street stores to local corner shops. In fact, recent studies estimate that UK retailers lost approximately £1.8 billion to shoplifting in 2023, […]
Stocktaking. You know you have to do it. You probably have an idea on how you’re going to tackle it. But do you really know WHY you’re doing it? Whether you’re running a cozy corner shop or a trendy online boutique, keeping a close eye on your inventory can make or break your business. Let’s […]
You don’t need us to tell you that stocktaking is a vital part of managing any business, but let’s face it, it’s rarely as straightforward as it seems! Whether you’re on your first or 1000th stock count, it’s really easy to fall into a few traps that leave your data wanting. And inaccurate data is […]
Stocktaking might sound like one of those tasks that just needs to get done, like cleaning out the garage or doing your tax return. But just like those jobs, doing it right can save you a big headache later on. Whether you’re a seasoned pro or new to the game, avoiding common stocktaking mistakes can […]
Keeping tabs on your inventory is a lot like trying to keep your home tidy—you need to keep on top of it to avoid chaos! Whether you’re running a cozy corner shop or a sprawling warehouse, regular stocktakes are essential. But how often should you actually roll up your sleeves and dive into the world […]
Petty theft; not a new phenomenon in the world of retail by any means – but something that is certainly on the rise in recent years. In fact, according to a recent article by The Economist, the UK has seen a 24% increase in petty theft in 2023 compared to 2022.
Managing stock levels, tracking sales, hiring staff, payroll; the to-do list for the owner of a retail business can seem never-ending. So, there’s a decision to be made; do you try to do everything yourself, or do you get experts to help you in the areas they can really add value? We think it’s time to start concentrating on the areas you’re great at…. And let us use our 36 years of experience to look after your stocktaking!
What if we told you that we could reduce your wastage, make your business more efficient and boost your profits all at the same time? That’s an attractive proposition, right? The reality is that all those things can be true – it just takes a little time to ‘take stock’ after a busy period. Here’s […]
Christmas; the most wonderful time of the year for families, friends, and of course, retailers! There’s no denying that the festive season is the most profitable period in the retail calendar, with Black Friday, Cyber Monday and Christmas shopping sprees all falling within the months of November and December… But with profitable shopping months, comes […]
In the past year, incidents of shoplifting across the UK have shot up by a massive 25%, with leading retailers including The Co-operative reporting a loss of £33m in stock across the first six months of 2023. Shoplifting has always been a big concern for retailers; after all, you can’t sell stock that you simply […]
Between the thousands of temporary workers looking to earn a few extra pounds in the run up to Christmas and businesses needing to make sure there are enough bodies on the shop floor, the British retail sector is due to swell by almost 28,000 members of staff over the 2022 festive season. With an increase […]
Historically for most retailers, Christmas has been what it’s all about! Months and months gearing up towards the busiest time of year with so many of us heading to the shops or scouring the internet for that perfect present. 2021 saw one of the biggest festive spends in history – a perfect storm of Christmas […]
There have been so very many surreal moments coming out of 2022’s news bulletins and one of the most jarring had to have been last month’s butter coverage! June saw the price of Lurpak soar to around £9 per kg leading some supermarkets to add security tags to the popular breakfast spread. Lurpak’s parent company Arla explained […]
Stocktaking is so much more than simply totting up what you’ve got sitting in your stock room. Done properly, an effective stocktake can provide an incredibly valuable snapshot of your business at a point in time. This snapshot can then inform your commercial decisions going forward, helping you keep tight control over your bottom line: more important […]
Whether through human error, shoplifting or employee theft, any stock loss will always have a significant impact on your bottom line. It can be easy to feel somewhat overwhelmed at trying to protect your business from the impact of something that has so many variables too – will you ever be able to reduce that stock […]
Shoplifting already costs retailers some £2.5. billion each and every year – a combination of stock loss, paying for enhanced security and prosecuting offenders. And of course, during times of economic downturn shoplifting increases spectacularly. In fact during the last quarter, retailers are reporting anecdotally that shoplifting rates are ‘off the charts’. Just because shop […]
The UKs cost of living crisis has dominated headlines and bottom lines so far this year and it shows no signs of letting up any time soon. Alongside yet another interest rate rise this month, an increasingly gloomy Bank of England predicted that inflation will peak at 10.2% towards the end of 2022. With wages […]
Stocktaking—it’s one of those tasks that often gets pushed to the bottom of the to-do list, especially when you’re running a busy business. But let’s be honest, keeping track of your inventory is crucial for making informed decisions, reducing losses, and ensuring smooth operations. While many businesses try to handle stocktaking in-house, outsourcing this task […]
Stocktaking might not be the most glamorous part of running your own venture but an accurate stocktake can have HUGE financial benefits for you and your business, from reducing stock loss to improving efficiency all round. Makes getting it right a whole lot more interesting…right? Read on for even more ways that getting your stock […]
If you’ve ever felt a bit overwhelmed by an impending stocktake, you’re not alone. The key to a smooth and successful stocktake (like anything else) lies in the preparation. Think of it like planning a party—you wouldn’t throw one without organising everything first, right? So, let’s dive into the essentials of preparing for a successful […]
In 2024, the UK has seen a sharp increase in shoplifting cases, with reports indicating a 25% rise compared to the previous year. This surge has been felt across the board, from high street stores to local corner shops. In fact, recent studies estimate that UK retailers lost approximately £1.8 billion to shoplifting in 2023, […]
Stocktaking. You know you have to do it. You probably have an idea on how you’re going to tackle it. But do you really know WHY you’re doing it? Whether you’re running a cozy corner shop or a trendy online boutique, keeping a close eye on your inventory can make or break your business. Let’s […]
You don’t need us to tell you that stocktaking is a vital part of managing any business, but let’s face it, it’s rarely as straightforward as it seems! Whether you’re on your first or 1000th stock count, it’s really easy to fall into a few traps that leave your data wanting. And inaccurate data is […]
Stocktaking might sound like one of those tasks that just needs to get done, like cleaning out the garage or doing your tax return. But just like those jobs, doing it right can save you a big headache later on. Whether you’re a seasoned pro or new to the game, avoiding common stocktaking mistakes can […]
Keeping tabs on your inventory is a lot like trying to keep your home tidy—you need to keep on top of it to avoid chaos! Whether you’re running a cozy corner shop or a sprawling warehouse, regular stocktakes are essential. But how often should you actually roll up your sleeves and dive into the world […]
Petty theft; not a new phenomenon in the world of retail by any means – but something that is certainly on the rise in recent years. In fact, according to a recent article by The Economist, the UK has seen a 24% increase in petty theft in 2023 compared to 2022.
Managing stock levels, tracking sales, hiring staff, payroll; the to-do list for the owner of a retail business can seem never-ending. So, there’s a decision to be made; do you try to do everything yourself, or do you get experts to help you in the areas they can really add value? We think it’s time to start concentrating on the areas you’re great at…. And let us use our 36 years of experience to look after your stocktaking!
What if we told you that we could reduce your wastage, make your business more efficient and boost your profits all at the same time? That’s an attractive proposition, right? The reality is that all those things can be true – it just takes a little time to ‘take stock’ after a busy period. Here’s […]
Christmas; the most wonderful time of the year for families, friends, and of course, retailers! There’s no denying that the festive season is the most profitable period in the retail calendar, with Black Friday, Cyber Monday and Christmas shopping sprees all falling within the months of November and December… But with profitable shopping months, comes […]
In the past year, incidents of shoplifting across the UK have shot up by a massive 25%, with leading retailers including The Co-operative reporting a loss of £33m in stock across the first six months of 2023. Shoplifting has always been a big concern for retailers; after all, you can’t sell stock that you simply […]
Between the thousands of temporary workers looking to earn a few extra pounds in the run up to Christmas and businesses needing to make sure there are enough bodies on the shop floor, the British retail sector is due to swell by almost 28,000 members of staff over the 2022 festive season. With an increase […]
Historically for most retailers, Christmas has been what it’s all about! Months and months gearing up towards the busiest time of year with so many of us heading to the shops or scouring the internet for that perfect present. 2021 saw one of the biggest festive spends in history – a perfect storm of Christmas […]
There have been so very many surreal moments coming out of 2022’s news bulletins and one of the most jarring had to have been last month’s butter coverage! June saw the price of Lurpak soar to around £9 per kg leading some supermarkets to add security tags to the popular breakfast spread. Lurpak’s parent company Arla explained […]
Stocktaking is so much more than simply totting up what you’ve got sitting in your stock room. Done properly, an effective stocktake can provide an incredibly valuable snapshot of your business at a point in time. This snapshot can then inform your commercial decisions going forward, helping you keep tight control over your bottom line: more important […]
Whether through human error, shoplifting or employee theft, any stock loss will always have a significant impact on your bottom line. It can be easy to feel somewhat overwhelmed at trying to protect your business from the impact of something that has so many variables too – will you ever be able to reduce that stock […]
Shoplifting already costs retailers some £2.5. billion each and every year – a combination of stock loss, paying for enhanced security and prosecuting offenders. And of course, during times of economic downturn shoplifting increases spectacularly. In fact during the last quarter, retailers are reporting anecdotally that shoplifting rates are ‘off the charts’. Just because shop […]
The UKs cost of living crisis has dominated headlines and bottom lines so far this year and it shows no signs of letting up any time soon. Alongside yet another interest rate rise this month, an increasingly gloomy Bank of England predicted that inflation will peak at 10.2% towards the end of 2022. With wages […]
