Top 3 Stock Counting Tips for Retailers

Whether you’re handling inventory management using Excel or are using AdvStock’s retail solution, stocktaking is a critical part of running a retail store. Advanced and detailed planning is necessary so painful stocktaking won’t come into existence. Below are the top three stock counting tips we came up with for the hardworking retailers:

1. Use inventory scanners or other types of stock counting technologies

Gone are the days when physical inventory counts are done using a piece of pen and a pad of paper. Traditionally, others have also been making use of a physical inventory count sheet to tally up the products and reconcile the data in their system.

While this method can get the job done, it’s highly inefficient and it requires double entry. Since physically counting of inventory is already a “manual” task, the last thing you need is to manually tally and record data. Te remove the hassle of manually doing stocktaking, AdvStock has invented a stocktaking software that will bring harmony to your barcode inventory system 

The use of AdvStock’s stocktaking software provides stocktake summaries and several equally-important reports such as detail level reports, department/sub department reporting, variance reporting and location-based reporting. 

Our solutions are user-friendly and flexible so you can opt with only using the elements that best suit your needs, including our Barcode Inventory System. You can opt to set up your barcode inventory software. You may only make use of your phone or table to store the barcode scanner app for inventory.

The barcode scanner app for inventory can digitise the counting process at the comfort of your own mobile gadgets. Just scan your product barcodes using your device’s camera, and the app will automatically save and record all the necessary product information. Updating of stocks is also made easy with the cloud-based technology present in our barcode inventory software. 

As a tip, always see to it that your hardware and software are working perfectly before the count. Always double check on your barcode scanners and review your software’s functionalities to minimise errors and properly manage your stocks. YOu may also do some test counts to ensure that everything is ready before the official count.

2. Always Communicate

Whenever you’re doing a full inventory count, you need to communicate your plans to the right people ahead of time. For business owners, you must be responsible with planning ahead of time so products and stock movements will be minimised. Whatever the case, regular messages and reminders will pave the way for a smooth stock taking experience.

3. Map your store

Illustrate where your products are located. Doing so will give an at-a-glance view of your store and make it easier for you to assign people to each section so you can determine the best way to go about the counting process (i.e. where to start counting, how to move around the store). Your map can also serve as a handy checklist when you’re actually counting products. You can mark off the sections that have already been counted, making it easier to see how much you’ve completed. Label boxes and shelves if necessary. 

By following these tips, you will be able to keep your inventory on track. 

Advstock Inventories’ DIY Stocktake Solutions

Nothing is more cozy than being able to properly manage your inventories for sale. A well-managed inventory saves you from headaches. It saves your time, money and efforts too. A headache-free inventory system equates to a thriving business.

Stocktaking apps have gained much popularity with the growth of businesses. The inventory tracking app for instance has been allowing businesses to use their own phones to scan their stocks. This evidently shows how the inventory scanning system has been made easier. The barcode inventory system has been improved by innovative companies too. Now, stocktaking will never become a tedious job.

If you are new to automated stocktaking, it is important to connect with experienced companies with excellent stocktaking services and technologies. Experience matters most, so start seeking assistance from those who spent long years innovating stocktaking services. Since 1982, Advstock Inventories has been specialising in providing retail stocktaking services in Australia. We understand how unique every business is, thus, our innovations are tailored to meet your needs.

If in place, our inventory management apps will help you save money by lowering your storage costs. For instance, our inventory tracking app helps you know what’s exactly in stock. The barcode scanner app for inventory also helps you gain insights into sales trends. Being able to track recalled products is also thanks to the barcode scanner app for inventory. If paired with our barcode inventory software, you will be able to get the most out of our inventory management apps.

You can take advantage of our premium cloud-based stocktaking software that is so user-friendly. Simply follow these three easy steps for a three-minute setup. First, go to my stores to create your store profile. If you have multiple stores with the same product information, let’s simplify your retail stocktaking by creating a master/slave relationship so you can reduce maintenance overheads. Step two is to proceed to My Data where you will upload your inventory data and synchronise it using your Iphone or Android’s stocktaking app. Step three is to go to My Reports. This is where you can avail of real-time dynamic reporting. Thanks to the mighty stocktaking software, you get to have a well-managed barcode inventory system and inventory scanning system.

Our free online apps easily integrate to our DIY solutions. For a more detailed guide, one may visit our web application user guide. Registration is initialized by clicking on the register link found on the header navigation bar. You’ll only need to provide user information and select a stocktake plan before going into the payment instructions.

Stocktaking with Advstock Inventories

Stocktaking involves the process of physically checking the quantity and quality of the available items for sale in your warehouse. By performing the process, you will know how much you have in your inventory while taking note of the missing or damaged stocks. The key advantage of stocktaking is being able to know when a business is having surplus. Whenever the process is done right, stocktaking reveals no disadvantages. The task is actually tedious, especially for retail stocktaking as it involves careful examination of items in your inventory while looking into any other stock discrepancies. 

With the heightened level of information technology, more and more businesses are leaving their manual practices behind and are switching to modern retail stocktaking by availing different stocktaking services or stocktaking software offered by innovative companies.

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Advstock Inventories is your best choice for innovative stocktaking app or stocktaking services and solutions. We offer user-friendly and flexible solutions tailored to your needs including our Barcode Inventory System. Manual stocktaking is time-consuming and is more prone to errors and flaws but with our Barcode Inventory Software, identifying operational bottlenecks and productivity issues are made faster and easier. It makes up for  an organized and  well-managed Barcode Inventory System. It’s all about speed and accuracy.

Stocktaking with Advstock Inventories is as easy as one two three. You can actually set up your own Barcode Inventory System. First, you need to generate a product listing. Next, export your product listing. Third, proceed with downloading our barcode inventory software. We actually have two inventory management apps that  actually work for Iphone or Android phone users which makes it mobile friendly. These stocktaking apps can be downloaded for free. The fourth step involves scanning your stock. Note that the barcode scanner app for inventory will only work with your purchase of an Advstock inventory scanning system. Fifth step is to upload your counts once the inventory scanning system has been completed. You can then perform the monitoring of your stock with the inventory tracking app. It’s handy and cozy. It’s as easy as that! Our stocktaking software and apps  such as the inventory management app and inventory tracking app are the friendliest in the market.

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