Now, at the end of the financial year is coming, we are releasing this video, which provides a complete YouTube tutorial on how to perform a physical stocktake using our POS Software.
We walk you through this essential inventory management system and explain the options and best practices. This video would be useful as a training and reference resource for anyone who needs to perform stock control using POSBrowser.
It covers the two main approaches—doing the full shop at once or breaking it down into smaller location-based sections. Although both work, we advocate the location-based approach, which we find more efficient. Prepare your plan by dividing the shop into sections. Then, stocktake each section one at a time. This makes the process more manageable and accurate.
The video demonstrates how to create a new stocktake, correctly scan/count items, and record it. We also cover the necessary settings like "Check Stock Movement" if you are doing it during trading. It shows how to run reports to see discrepancies, cost valuations by department, and more. The reporting capabilities highlighted allow you to analyse and audit your stock position.
The clear explanations and visual demonstrations make it a valuable reference for new and experienced users. I suggest getting your staff to run through it, too.
"The integration between stocktake data and our ordering process has streamlined our operations significantly. We've reduced carrying costs, minimised stock-outs and given us accurate reporting."
Mastering stocktakes is essential for the success of any retailer.
I suggest using this guide as a staff training tool
Make sure that your staff who will be doing the stocktake run through it too.
Written by:
Bernard Zimmermann is the founding director of POS Solutions, a leading point-of-sale system company with 45 years of industry experience, now retired and seeking new opportunities. He consults with various organisations, from small businesses to large retailers and government institutions. Bernard is passionate about helping companies optimise their operations through innovative POS technology and enabling seamless customer experiences through effective software solutions.
