Stocktaking can so often be thought of as just numbers and tallies in a spreadsheet or on a clipboard, or perhaps something you ‘have to’ do each year, when in reality it can give you a rich and broad range of information that can help you to not only understand current stock levels but also […]
July 2018
Retail stocktaking: The common causes of stock discrepancies caused by staff and customers
If you own or work for a retail business it’s vitally important you know how much stock you have at any given time. Too much and you could be left with a lot of unwanted items you’re unable to sell, too little and you’ll potentially be missing out on sales and revenue. No matter which of the two it is, they can ultimately have a large impact on how much profit you’re able to make.