Press releases worldwide
In today’s fast-paced business environment, stocktaking is no longer just about counting what’s on the shelf—it’s about using data to drive smarter decisions. Traditional methods often fall short when it comes to accuracy, speed, and insight. That’s where data-driven stocktaking […]
Stocktaking in the manufacturing sector presents a unique set of challenges that go far beyond simply counting finished goods. With complex production lines, fluctuating raw material levels, work-in-progress items, and multiple storage locations, maintaining accurate inventory can be a demanding […]
Choosing the right stocktaking app can make all the difference between a smooth, accurate inventory count and a frustrating, error-prone process. With so many solutions on the market, it’s important to know which features truly matter—especially if you want to […]
Conducting a stocktake can feel overwhelming, but with the right preparation, it becomes a smooth and efficient process that adds real value to your business. A successful stocktake doesn’t just count products—it ensures inventory accuracy, identifies discrepancies, and supports smarter […]
Keeping track of inventory is essential for any business that sells or stores goods. Two common methods used to monitor stock levels are stocktaking and stock checking. While both involve counting items, they serve different purposes and are used in […]
Understanding manual stocktaking Manual stocktaking involves physically counting inventory items using paper forms, spreadsheets, or basic checklists—often without real-time system integration. This traditional approach typically requires closing off sections of the store or warehouse, assigning staff to count and record […]
Retailers must conduct regular stocktakes to maintain accurate inventory records, which are essential for effective business operations. A stocktake helps identify discrepancies between actual stock and recorded inventory, revealing issues like theft, misplacement, or data entry errors. It also enables […]
Stock variances after a stock take: What is the cause? Stock variances refer to the difference between the actual stock of goods captured during the inventory and the stock recorded in the accounts or inventory management system. These differences can […]
In any business that manages physical goods—whether it’s retail, wholesale, manufacturing, or logistics—accurate inventory management is non-negotiable. Stock taking is the foundation of this process. It ensures that the actual inventory levels match what’s recorded in the system, helping to […]
Taking inventory take made Simple: Importance and Practical Application What is an inventory take? Definition and purpose Taking inventory is a systematic process conducted annually to capture a company’s assets and liabilities for accounting and financial reporting purposes. This involves […]