Tips for your Year End Stock Take in 2021

The stock take is a fundamental part of any business that deals in goods. It’s the only way you can keep track of inventory, see if your ordering process is efficient, and reduce over-stocking. However, in order to achieve these goals, you need a firm process for carrying out the stock take itself. Here, I’ve compiled a list of easy steps to help you do the perfect stock take. Dedicate…

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Moving to a cloud based Inventory System

Making the switch to a cloud-based inventory system can sound intimidating to those who have always relied on traditional methods to track their products. The truth is that most web based inventory system designs are intended for people who want to streamline the business process. They aren’t overly complicated because they know you are busy and do not have time to learn a complex system. Cloud Based Inventory System Set…

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How to calculate inventory shrinkage

Every time you sell an item, the value of your inventory on hand is reduced by the price of that item. Conversely, whenever you place a new order of stock, the value of your inventory increases by the amount you ordered. Your shrinkage is whatever discrepancies arise between the sales and orders you have recorded and the actual value of the inventory you have on hand. Let’s say you have…

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Everything you need to run a successful trade counter

Trade Counter Software from Turbo Inventory

Turbo Inventory integrates all your separate trade counter processes into a specialist, easy-to-use software. It links together with your accounts, invoicing and stock control, meaning you can save hours of time on admin. What Turbo Inventory software does (in a nutshell): Auto-calculates trade prices Creates customer-specific pricing Helps you negotiate with customers Auto-emails VAT invoices Generates and save quotes Prints delivery notes Auto-Calculate Trade Prices If you have hundreds, thousands…

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