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 […]
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 […]
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 […]
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.
Every single hour, 220 shoplifting offenses take place in the UK, making it one of the most common causes of stock loss. In the last five years, the number of shoplifting offenses in England has risen by a quarter and now costs the retail industry more than £600m a year. Add to that the cost […]
