Why use a stocktaker to improve the profitability of your convenience store in the UK?
Using a stocktaker can significantly improve the profitability of a convenience store in the UK for several reasons: 1. Accurate Inventory Management: Reduce Shrinkage: A stocktaker helps identify and reduce stock losses due to theft, damage, or errors, which can otherwise eat into profits. Optimized Stock Levels: By ensuring accurate inventory records, stocktakers help maintain […]
Why A Catering Business Should Carry Out Stocktakes
As independent stocktakers we speak to a lot of catering business owners that are unsure why they should carry out stocktakes. This is an extremely common question asked by those in the catering and hospitality businesses, so we thought we would answer it in this blog post. We have put together three reasons why you […]
Always Measure Waste For Good Stock Control
When it comes to good stock control and management, there is not just one thing that you need to do. Lots of little tasks play an important part in good stock control. One of these little tasks is measuring waste. In this blog post we would like to share the importance of always measuring waste […]
The FIFO Method of Stock Control
The first in and first out method, also known as the FIFO method, is essential for good stock management. By using this method in the catering industry you are reducing the risk of wastage through short date, out of date or expired stock.
How To Get Your Staff Involved In Your Stocktake
Getting your staff involved in your stocktake may help speed up your stocktaking process, but it also makes a lot of room for human error in stocktakes and such like. However there are ways that you can get your staff involved in your stocktake and it will benefit the business.
Why You Need A Well-Structured Stocktaking Process
As professional independent stocktakers we would recommend that a stocktake is completed at least once a month. For many catering and hospitality businesses this tends to be completed at the end of the month. The reason that a well-structured stocktaking process is required is because this is when you find can identify any stock discrepancies, […]
An Independent Stocktaker Will Be Efficient And Accurate
One of the biggest benefits of hiring an independent stocktaker instead of using someone in-house is the efficiency and accuracy that an independent stocktaker brings to the table. Because an independent stocktaker is experienced in stocktaking and it is their main job they will offer a more efficient and accurate stocktake than an inexperienced member […]
A Checklist For Resolving Your Stocktake Discrepancies
If you’ve recently completed a stocktake and you have seen some discrepancies in your numbers then this checklist is for you; it should help you spot where the discrepancies are and how you can resolve them. This is a checklist we go through with our clients when we complete stocktakes for them and they feel […]