How stocktaking works

Before we begin

It helps to have as much information as possible in advance. We can count your stock and reconcile it against what’s gone through your till, but you’ll get the most benefit from a stock audit by having the following information to hand:

Your takings - i.e. cash & credit card payments and any other takings, ideally pulled into a cash sheet format
Your invoices, receipts, trading statements & delivery notes
Details of any goods not sold for the full retail value - including any wastage through line cleans, give-aways, mispours and discounts

The process

Counting physical stock - including using Keg Weighers and Dipsticks to provide you with an accurate figure of what volumes are inside your kegs and casks. We can advise on what we would expect to be left in a keg and the volumes you should be selling from particular kinds of lines
Collating delivery information, to ensure invoices tally with items received and to highlight any items that may have gone missing
Performing sales calculations, where we establish what you should have sold vs actual sales, including cross checking your till’s PLU report against your declared sales
Producing accurate reports of sales vs volumes to reveal shortfalls and highlight issues ranging from wastage to staff theft
Discussing our findings as soon as the report is complete. This process enables you to understand what the report is saying and provides us both with the opportunity to find practical solutions to any issues that have been highlighted, and to look at ways to grow your business further.

The reports come in an easy to read format, and provide a comprehensive run-down of your business including:

The sales performance and GPs of your individual products lines
Your top sellers
Your overall GP
Short falls
Missing stock, and more

Regular stock takes are a great way to make sure your business stays on track.

THEY ALLOW US TO:

Keep on top of changes to purchase prices
Ensure you don't mistime your price rise adjustments
Ensure any products due a supplier discount have had the discounts applied
Help stop or prevent stock deficits occurring

Stock Transfers

If you’re simply looking for a one-off change over service, either because you’re leaving a business or taking one over, we’re very happy to help. We pride ourselves on being scrupulously honest, so you can trust us to act as a stock auditor for both parties. But we also have a range of equipment to test spirit ABV and brand authenticity to give you peace of mind.

GET IN TOUCH / GET A QUOTE

To discuss arranging a stocktake or a stock transfer, to talk to us about a quote, or just to get some advice, please send us an email, call us on 0845 604 4652 or fill in this form, and we’ll respond as quickly as we can.

Stocktaking