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 […]
stocktakers
The Rising Tide of Shoplifting in the UK: How Effective Stocktaking Can Help Retailers Stay Afloat
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, […]
The Importance of Stocktaking for Small Businesses
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 […]
How to avoid common stocktaking mistakes
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 […]
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.