Comparable results require defining the scope, preparing the product master list and agreeing stock movement controls in advance. These seven tips help organise the count and use its results in inventory records.
A professional team provides additional people, equipment and independent verification when these are needed.
What is stocktaking?
Stocktaking counts each product variant on the sales floor and/or in storage. The collected data is compared with expected quantities to identify discrepancies.
Why count stock?
Current stock information supports business growth. Without accurate quantities, scaling is harder. Reliable data helps identify slow-moving stock, shrinking quantities and replenishment needs.
The company InventoryPro provides analytical reports after each count, showing losses, surpluses and problem items to support informed decisions and reduce losses.
7 stocktaking tips
1. Plan ahead
Define the date, scope and whether the count is full or partial. The team at InventoryPro will help you plan the inventory and carry out a careful count.
2. Check product locations
Professional counting teams from InventoryPro check product placement, labels and movements before counting.
3. Reduce disruption to shop operations
We offer out-of-hours and night counts to minimise the impact on shop operations.
4. Choose experienced counters
If you lack the resources, InventoryPro provides fully equipped mobile teams with experience and responsibility for the accuracy of their counts.
5. Use modern technology: barcode scanning
InventoryPro uses modern in-house software and scanners to speed up counting and reduce errors.
6. Defective or damaged goods
Specialists can help identify unsaleable items, document the losses and investigate how damage occurred.
7. Slow-moving stock
Analysis from InventoryPro helps identify unpopular products and improve purchasing, reducing financial risk.
After the count
Verification and reports
The company provides a detailed report covering actual stock, expected figures, discrepancies and the breakdown of losses and differences.
Tracking changes over time
Regular counts reveal changes in indicators and help identify problematic deliveries or departments.
Choose a comprehensive solution from InventoryPro
Stocktaking is a management tool, not just a count. The company InventoryPro provides:
- Fully outsourced stocktaking
- Efficient counting, including across several locations at once
- Professional equipment
- Analytical reports with findings