Primark
Primark is one of the UK’s largest and fastest growing fashion retailers, with stores throughout the UK and Ireland.
The company approached Abacus Valuers over 15 years ago to discuss a more efficient way of stocktaking within their stores, given their ever changing ranges and the fast paced nature of fashion worldwide.
After discussion with Primark’s Management Team, we recommended integrating our barcode scanning system into the business to replace their manual system of recording stock. This would allow them to quickly count stock more effectively and draw down reports after each stocktake to provide a more accurate picture of sales and stock levels.
We conducted a number of trials and worked with Primark to establish best practice for their stores and their staff, adapting our systems to the way the business works. We were able to implement a system, as part of our Hybrid Service, that worked well for their store managers, staff on the shop-floor and their head office accounting team.
The change improved efficiency, accuracy and stock integrity across the business.
We are proud that this relationship has developed and grown throughout the years, allowing Primark to improve the way stock is accounted for as the company continues to grow.
As Paul Walsh, Primark’s Operational Audit Manager has said:
“We have been working with Abacus Valuers for over 15 years. They helped Primark migrate from a paper based stocktake system to using their hand held scanners and stocktake software. Their dedication to the project and ongoing commitment is second to none, and I would have no hesitation in recommending them to any company.”
“We have been working with Abacus Valuers for over 15 years. They helped Primark migrate from a paper based stocktake system to using their hand held scanners and stocktake software. Their dedication to the project and ongoing commitment is second to none, and I would have no hesitation in recommending them to any company.”
Primark
The client
Primark is one of the UK’s largest and fastest growing fashion retailers, with stores throughout the UK and Ireland.
What we recommended
The company approached Abacus Valuers over 15 years ago to discuss a more efficient way of stocktaking within their stores, given their ever changing ranges and the fast paced nature of fashion worldwide.
After discussion with Primark’s Management Team, we recommended integrating our barcode scanning system into the business to replace their manual system of recording stock. This would allow them to quickly count stock more effectively and draw down reports after each stocktake to provide a more accurate picture of sales and stock levels.
The outcome
We conducted a number of trials and worked with Primark to establish best practice for their stores and their staff, adapting our systems to the way the business works. We were able to implement a system, as part of our Hybrid Service, that worked well for their store managers, staff on the shop-floor and their head office accounting team.
The change improved efficiency, accuracy and stock integrity across the business.
We are proud that this relationship has developed and grown throughout the years, allowing Primark to improve the way stock is accounted for as the company continues to grow.
As Paul Walsh, Primark’s Operational Audit Manager has said:
“We have been working with Abacus Valuers for over 15 years. They helped Primark migrate from a paper based stocktake system to using their hand held scanners and stocktake software. Their dedication to the project and ongoing commitment is second to none, and I would have no hesitation in recommending them to any company.”
“We have been working with Abacus Valuers for over 15 years. They helped Primark migrate from a paper based stocktake system to using their hand held scanners and stocktake software. Their dedication to the project and ongoing commitment is second to none, and I would have no hesitation in recommending them to any company.”