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.

Part of our inventory management guide.

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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