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Getting in early with the stocktake

We completed a stocktake yesterday in one of my newsagencies. This is the second store we have done this for in a few weeks.  By doing this we eliminate the need for a stocktaker to come in at the end of the financial year.

We do our own stocktake every couple of years, relying on accurate supply, return and sales data in the meantime.  The Tax Office accepts the data and we save money.

The data result is terrific getting a handle on shopper theft, space allocation performance and other metrics accurate stock data facilitates.

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Newsagency management

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  1. peter stewart

    when we bought our store we had a professional stocktaker come in and do a very unprofessional job of the change over count.

    every stocktake we have done since has been with our tower system.

    it is far quicker and much more accurate

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  2. Y&G

    Not a fan of ‘professional’ stocktakers, either.

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  3. Mark Fletcher

    No, not when you can do it on a rolling basis and eliminate the cost and get so many knock-on business benefits.

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  4. h

    Stocktake time has ALWAYS proved to me the benefit of Tower. I hardly do anything special for end of year because I work on areas of concern year round. The staff hardly notice, but I know exactly where the errors can occur, and where to train re scanning and using PLU’s etc etc, and when to request a quick stocktake check. The most powerful report is one that lists negative stock – all negative stock quantities teach someone something !!!!

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