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Stocktaking ServicesKey Benefits
CapabilitiesProfessional Stocktakers will help you: Manage how much stock you are carrying. Manage and maximise gross profit. Identify dispense issues. Identify staff training issues. Your stocktaker should produce a variety of reports which will help you to manage your business. One of the key reports a professional stocktaker can produce for you is a PLU variation report. This identifies discrepancies between products which have actually been sold through your till and products which should have been sold through your till. For example, your till shows that you have sold 14 baileys during a particular stock period, however your stock is showing that you have only sold 7; the main reason this would happen is that your staff are pouring a Baileys in a 25ml measure when it should be a 50ml measure. Another example is that your stock report shows a variation in your lager of a deficit of 7 gallons over a 4 week stock period. There could be several reasons including staff pilfering (ie giving away free drinks to friends), staff skimming tills, manager allowing staff drinks (2 pints per day), or a dispense issue. If you do not have regular stocktakes and this deficit is not identified to you over a period of one year, with a selling price of £2.50 per pint and a GP of 50%, you could missing out on additional £791 cash in your bank account.Stocktaking is a vital part of your business. You must be sure that you are getting the Gross Profit Percentage that you started out to achieve. You must know that you do not have a problem with stock disappearing. It is essential that your pricing and ordering is correct. Especially in the current climate where the licensed trade is suffering it has never been more important to have independent, regular stocktakes at your business.Stock Matters, and that is why we are here to help you. With stocktakers who have many years experience in the licensed trade we are able to provide you with the service that your business demands. Our stocktakers produce a stock report ON SITE on the day so that you know exactly how you business is progressing. You don't have to wait for other "office based" companies to send you your report some time later. Indeed, if you have your stocktake on a Friday, you should have your stock report on the Friday, not on the following Tuesday. We accommodate wet and dry stocks, from small single bar tenancies to multisite pub chains, restaurants, hotels, local authorities, clubs and nightspots and all with the same professional service which you would expect. We undertake cash reconciliations, spirit testing, provide valuation reports and for multi sites a consolidated trading report. Our stocktakers use measuring devices for draught beers to ensure accuracy, and together with custom designed software for showing allowance claims and till to stock sales analysis from itemised tills, we are able to produce extremely accurate till to stock sales data. Many managers, licensees and tenants often choose not to pay a professional stocktaker to carry out regular stocktakes. They believe that they are saving money; however, professional stocktakers will help you to generate the additional cash gross profit from your business. This additional profit, which many managers, licensees and tenants are not even aware they are missing out on, will often be the ‘make or break’ of many businesses. We are able to respond to your requirements at very short notice. Business transfers, unannounced stocks or just a valuation. The stocktaker will advise on stock results, GP%, till discrepancies and stock and ordering on the day of the stocktake to help keep you informed about your business. Dry stocks will be complied on the day, with you GP% calculated and reports printed off before the stocktaker leaves. We can advise on supplier pricing, menu costing and stock levels.
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