Abacus Valuers provide a wide range of stocktaking solutions to fit the needs of businesses of all size and in many different sectors. Our services include:
Stocktaking is a process that involves the physical verification and recording of a business’ goods or stock. This is done during an inventory or at any given time, to check the condition and accurate quantity of goods or stock and to ensure precise auditing.
Stocktaking affords a long list of benefits, especially if it is performed by reliable stocktakers. Entrusting professionals to carry out the stocktaking process will enable you to achieve a positive outcome for the business.
For a transparent business report and accurate sales analysis, stocktaking is a factor that should be given high priority.
The following case studies illustrate the type of practical stocktaking support and added value stocktaking services we provide for our clients:
We started carrying out stocktakes for The Original Factory Shop in 2004. Since then they’ve grown substantially and now have over 180 sites throughout The UK. Also since 2007 we’ve supplied them with barcode scanning hand held terminals and Window CE software used for price checking, label printing and stocktaking.
We also provide telephone support services to the stores for the barcode scanning hand held terminals and software
Yankee Candle came to us in 2010 and since then we’ve carried out several stocktaking projects for them throughout their large UK network of standalone stores and concessions.
Our working and reporting methods have been developed and improved helping Yankee Candle to process large amounts of count data easily. This is very important when carrying out large numbers of stocktakes in a short period of time. Recent projects have included 200 - 300 stocktakes completed in less than 3 weeks.
For over 10 years we worked for Volkswagen TPS as their stocktakers and we successfully audited their stock throughout their UK network of sites. The stocktaking services we provided included counting stock by item and bin location and producing variance reports with our own system.
CK Morgan approached us in autumn 2012. They needed us to carry out 450 stocktakes in their ladies fashion concessions throughout The UK, Republic of Ireland, Jersey, Guernsey and The Outer Hebrides.
We were given only 2 weeks lead time and the project had to be finished in 3 weeks. It was completed on time, very successfully.
Our project de-brief highlighted areas we could improve on which would benefit CK Morgan and ourselves. Therefore system developments will shortly be made to further improve efficiency streamlining some of our reporting processes. These improvements will have particular implications for this type of high volume, short timescale project.