Stock Taking Best Practices – Physical Count for Your Shop

Physical stock taking (counting what you actually have) helps you find discrepancies and keep records accurate.

When to Do Stock Taking

  • Monthly – For fast-moving shops
  • Quarterly – For slower turnover
  • Before festivals – Know what you have before peak demand
  • After shrinkage – If you suspect loss or error

Best Practices

  1. Choose low-traffic time – Early morning or after closing
  2. Use a checklist – Count every item, don’t skip
  3. Two people – One counts, one records; reduces errors
  4. Compare to system – Note differences; investigate large gaps
  5. Update records – Adjust system to match physical (or find the cause)

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