5. Count every product in stock. Don’t estimate!
It might seem tedious, And you may think there are only a certain amount of items while looking at them but always count everything physically to avoid human error, it’s much better to get a 100 percent accurate record the first time.
Just because the carton says there are 24 items in the box doesn’t mean there actually are. This goes for items in boxes on the shop floor also, Confectionery & sweets often come in a small box with the quantity on the outside. Even if it looks full it could have a small amount of product sold, So double check!
6. Check the physical count against Live Stock levels. Recheck discrepancies
Make a note about variances and follow up where necessary. This can be useful information for Stocktakes after this, If the same discrepancy pops up again it could be an easier fix second time around.
7. Update your records
Once the Stocktake has been finalised, update Your stock levels in accordance.
A well-planned Stocktake will result in minimal disruption, accurate inventory records and provides a basis for making well informed business decisions from top to bottom.