The good news is that with mobile technology with a proper preparation, anytime stock take is possible. Here are some good stock take practices for you to consider:
1. Plan Ahead
Make sure you have stock take count sheets ready or use JMobile stock take tool. JMobile can speed up the process by stock taking with multiple users at the same time, using a smartphone and attach with a handheld Bluetooth or RFID scanner.
2. Allocate Counting Area
Plan out the counting area such as zone/ bin/ carton/ shelf for employees to carry out the stock take process. The more well-defined the area assigned the more accurate the stock count is likely to be.
3. Choose a Timing
Normally stock take process is carried out after normal business hours. Using JMobile you can speed up stock take process while ensuring an accurate stock take is carried out.
4. Re-Count
If the stock variance is high after the 1st stock take. You should identify which particular stock may need to be recounted. Counting 2 times makes accuracy more certain.
5. Update Inventory Records
Once you have compared your stock take figure against the system figure, then you can generate Quantity Adjustment to update the inventory accordingly.
Efficient stock take allows you to regularly monitor and increase gross profit, reduce loss, improve forecast and control of inventory. If you are using traditional ways of stocktaking tools, it is worth looking at new mobile and RFID technology for stock take.