Good stocktakes bring integrity and trust to stock records.

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Regular and accurate stock takes bring integrity to your records.  Records that you trust are proven to increase cashflow.  Consider the consequences of untrustworthy inventory records. Stock that is showing on-hand but is missing from the shelf will not be ordered resulting in stock outages and lost sales. Unhappy customers and grumpy sales staff are sure to make themselves known. Conversely, stock that is on the shelf but not recorded may be purchased again which results in a surplus. You have purchased the item twice for no fiscal gain and your inventory value has increased. These are just the immediate effects. Second order effects must also be considered: just ask us about them. Good stock taking practice to build inventory integrity will eliminate all of this.

 

Need more tips on increasing your cashflow?

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Stockrite Solutions Limited

Helping your company cash flow in a post-covid economy!

http://www.stockrite.co.nz
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Robust stocktakes are a product of a great attitude.