stock control

[beauty-boutique]

can some1 give me tips on best way to keep track on stock control

thanks

 

[seanheather]

What do you mean? Do you mean keeping track of what quantaties of stock you have, stock rotation, stock take to find out if you have a loss of a gain etc etc?

 

[The Paws]

If you are selling online, some hosting companies, including the one I use, has the stock control facility. Everytime someone order something, the quantity reduced. I know exactly how many left at the end of each month.

If you are brick & mortal business, invest in stock control software. But they can be expensive. You may hook a barcode scanner to the software too (quantity reduces as purchase is carried out).

Adrian

 

[LicensedToTrade]

That depends on how many lines you have. Businesses that stock thousands of lines should really approach this in a multitude of ways. The first is to measure shrinkage against the nominal stock value which is based on your invoices from suppliers, the second is the measure shrinkage against the physical stock value which can only be carried out by counting the items.

Nominal stock value checks can be done as has been suggested before with stock management software which will deduct from the total listed stock as items are sold or destocked as damaged/lost.

Physical stock value checks should be carried out in two ways, with PPIs and with a full stock check, again you can use software to organise this activity. PPI checks (Perpetual Product Inventory) happen continuously in a cycle of around 8-12 weeks. Each day you physically check a small proportion of your total stock, the benefit of this is that you pick up on stock variences sooner rather than waiting for your annual/ 6 monthly full stock check. The aim is to have all of the stock checked day by day within the defined cycle period.

The full stock check is still required preferably every 6 months rather than yearly. This should be carried out in one working day and all stock should be checked by location, not by item. This ensures that any products without a location that would have been missed in your PPI checks will be captured.

 

[andrew.sanders]

My company specilaises in stock control systems for the fashion and footwear retailer, from Back Office systems through to Epos, including barcoding, stocktaking etc. etc.
take a look at the link - we are extremely cost effective and can probably help you out here
www.coland.co.uk/crms

 

[Epos4U]

we have Epos system software for the clothing sector, prints barcodes, each product can have size scales accross and down, plus unlimited colours. the back office and till is the X50 by epos4u software at a low cost.