Markets Retail Stocktake
As specialists in retail stocktaking services, we can help your business streamline your stocktake processes, remove costs and get better control of your inventory.
Retail Stocktake Services
Effective retail stocktaking will identify any discrepancies between the physical inventory and the inventory records. This in turn will help identify and minimise shrinkage, disruption and fraud of your retail and concession stock.
A full retail stocktake can also identify slow-moving or obsolete inventory, taking up valuable retail or back-office storage space. Pulling all the information together in Signetor’s powerful reporting suites allows businesses to see where improved efficiency of the inventory management process can reduce costs.
Free Trial Offer
Includes use of scanner, software, training and free shipping. Try FREE for a week with no obligation!
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Different Approaches to Retail Stocktaking
There are several different ways to conduct retail stocktaking. The most common method is to conduct a full physical count of all inventory items. This can be a time-consuming and labour-intensive process, but it is the most accurate way to ensure inventory records are accurate. Due to the time and cost most businesses only undertake full retail stocktakes annually or bi-annually.
Another method of retail stocktaking is to use cycle counting. This involves counting a small percentage of the inventory items on a regular basis. This method is less accurate than a full physical count, but it is less disruptive to the business and can be used to track inventory levels over time.
The two approaches can be combined allowing management to conduct regular cycle counts on high turnover stock and items prone to shrinkage, to ensure fewer surprises when a full annual retail stocktake is completed.
Investment in Technology
Signetor has invested in its easy-to-use android barcode scanning application and an online management tool to allow the setup, delivery and reporting of retail stocktakes. In addition, investment has been made in the latest scanning hardware and printers from Zebra as well as counting scales to ensure all retail stocktake variations can be supported.
Retail Stocktake Service Offerings
Signetor offer a broad range of service offerings, from “self-count” where we set up the system with your product, location and staff data, supply the scanning equipment and your staff complete the stocktake, to a “fully managed” service where we plan and execute on your behalf and supply the reports in the format you require.
There are benefits to both approaches.
Self-Count ensures staff doing the count have the greatest familiarity with the inventory but stops count staff and management from working on other activities.
A fully managed stocktake brings in a fresh pair of eyes to plan and deliver the stocktake and ensure everything is counted. An outsourced stocktake may also be preferred by external auditors.
Want a free trial? No Problem.
If you are considering doing the count yourself and want to make sure our system is right for you, we can supply you a scanner so you can try it for yourself. When we say “easy-to-use” we are confident everyone can use it. Contact us today so we can understand your requirements and configure the system to your specification before we ship it to you.
Fixed Price Proposal
Once a clear understanding of your requirements is achieved, which might involve a site visit, Signetor will offer a fixed price retail stocktake proposal for your consideration. Please contact us to day to start the conversation.
Solutions
Case Studies
George Browns
Duchy of Cornwall Nursery
Engweld
Service Offerings
HARDWARE & REPORTING ONLY
Hardware Application Included
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Remote Training & Support
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Client Provides Staff
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Reports as Required
£
HARDWARE, REPORTING & TRAINER
Hardware Application Included
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Trainer Provided
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Client Provides Staff
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Reports as Required
££
FULLY MANAGED STOCKTAKE
Hardware Application Included
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Project Manager Provided
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Staff Provided
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Reports as Required