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 […]
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How often should your business carry out a stocktake?
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 […]
The Rise of Petty Theft and the Damage it is Having on Retailers
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.
What are the benefits of outsourcing your stocktaking?
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!
Retail Stocktaking During Busier Periods of Sales
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 […]
Main causes of stock loss for retailers at Christmas
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 […]