+44 (0)1924 917 245

  • Name*
    Required!
  • Email*
    Email required!
  • Tel
    Invalid Input
  • Comments
    Invalid Input

  • Re-type the code!
  • I would like to receive news and updates from Hague Print
    Invalid Input
  •  

    Blog

    05 Oct 2017
    Tags

    Common inventory mistakes — and how stocktake labels help you avoid them

    Regularly taking stock is perhaps the most important part of any retail business. Knowing which products have been bought and sold, as well as taking inventory-cost reduction into account are as vital as the actual business itself. But inventory is much more complicated than it may seem at first, and in order to avoid common mistakes you should think about getting stocktake labels as well as taking these other things into account.

    Not training employees appropriately

    For inventory to be correctly taken, you need to have employees that understand what they’re doing. If you have a small business then take the time to personally train up your staff to avoid any stocktake mistakes. If your business is larger you may want to consider taking on a professional inventory manager who has a lot of experience in the field.

    You haven't automated your process

    If you’re not already logging your inventory into an automated system then you’re losing a lot of time. Human error can’t be helped, no matter how meticulously you are entering data. Find an automated system that works for your business and you can monitor orders, track items, and take stock with everything stored in one central location.

    You’re not checking per section

    Instead of closing down your warehouse or halting business operations for days at a time to manually take stock, do a section at a time. Use stocktake labels to make a note of the stock that has already been counted, or use barcode labels as part of a barcode inventory management system to accurately take stock.

    A disorganised warehouse

    It's easy for products to fall out of location, or be put back in the wrong place. Keep your warehouse as organised as possible as this can have a big impact when it comes to taking stock. Miscounting just a few items can result in inaccurate data, which can negatively impact your business on many different levels.

    You’re not properly prepared

    This is perhaps the most common mistake when it comes to taking inventory. Don’t just make sure you have enough people to count stock, make sure you also ask yourself a series of important questions. Such as: Are all your products correctly priced? Are the stores and racks well organised? Are all products out and prepared for counting? Are any products hidden from view? Really taking the time to prepare yourself is the best way to avoid common inventory mistakes.

    Find out more about the custom stocktake labels we can design and print for you. Our expert team can talk you through your options, just fill in our enquiry form and we’ll be in touch to set up a consultation free of charge.

    Tweets

    HaguePrintUK Read our #blogpost to find out our simple steps you should take to plan a #corporateevent for your #business.… https://t.co/VdH1ZXNosk
    27mreplyretweetfavorite
    HaguePrintUK Tip 2 - A cost-effective & versatile material: #Barcodelabels are both affordable & straightforward to #design &… https://t.co/IX1kbPF2zp
    HaguePrintUK Custom #ticketprinting is one way to invite attendees and to generate some hype and interest about your upcoming… https://t.co/C6MxQ5pkfs
    HaguePrintUK our in-house design team can help you to create striking designs that make your #stockcertificates a truly special… https://t.co/WSK7y4PdiT
    HaguePrintUK You are very welcome. We are very happy you like them! Hope to continue doing business with you in the future.… https://t.co/6Wdm40GI0o
    HaguePrintUK Do style research before #designing your #packaging so that you find a look and feel that best reflects your… https://t.co/noWLg53Ya1
    HaguePrintUK @HaguePrintUK will be taking part in the #Official #ChristmasJumperDay on 15th December to raise money for… https://t.co/Y2zpKAbBT9
    HaguePrintUK We will be taking part in the Official #Christmas #JumperDay on 15th December! @SaveChildrenUK #ChristmasJumperDayhttps://t.co/oUhA5GCccy
    HaguePrintUK Professional #printcompanies always use the latest #software which means you get access to the newest… https://t.co/wkUrYjvPHY
    HaguePrintUK Tip 1 - Avoid the risk of #humanerrors: #Barcodelabels are the most efficient & reliable way to remove any space fo… https://t.co/OlrOQIVOCA
    HaguePrintUK #Employees are what make a #successfulcompany, which makes them your most valuable #asset. https://t.co/virMZtKOEUhttps://t.co/ERSESXmIai
    HaguePrintUK #Holographicprinting is one way to show that you have put real consideration into designing your #packaging — it al… https://t.co/8lKK7RjtN5
    HaguePrintUK Not only will using #stockRotation #labels save you #money but it will also #reducefoodwaste and help you to keep… https://t.co/Ays1ZRUmHf
    HaguePrintUK Do you need to print stock certificates for shareholders in your business? Here at Hague, we have an expert team de… https://t.co/8H6jer7kut
    HaguePrintUK #Corporateevents are perhaps the most important forum for #businesses. It gives you the chance to showcase ideas an… https://t.co/5WgUKIhHCt
    HaguePrintUK RT @MonyaZ: @HaguePrintUK on electronic document verification and how this can be improved #HSPConf https://t.co/BW6XKTx35v
    HaguePrintUK Read our latest blog post to find out our top six benefits of using barcode labels for your business.… https://t.co/dkDTAUprPv
    HaguePrintUK #Order & #proofread new or amended #artwork multi-page #brochures & other items anywhere #worldwide!… https://t.co/GilmbzpNjf
    HaguePrintUK A brilliant couple of days for the @HSPConf @SofitelMelbourne - it's given everyone a chance for #networking & to t… https://t.co/1PaCnzI193
    HaguePrintUK Who will be taking part in the #hspconf #cclsecure #footballmatch this evening? We look forward to seeing other del… https://t.co/KiAbFQHswn
    HaguePrintUK The final day @ReconnIntl @HSPConf @Sofitel in #Melbourne today! If you've not already visited our stand (E2) - Mak… https://t.co/DtLBV765iV
    HaguePrintUK You can always #printstockcertificates to keep your own physical version on file. #Companies are obliged #bylaw to… https://t.co/LzO3iIEIho
    HaguePrintUK Barcode technology is constantly improving & the labels can be quickly & conveniently fixed to almost any surface.… https://t.co/mkzq19Cua1
    HaguePrintUK How to design perfect hologram labels for your business packaging: https://t.co/D5u4XF3nIV #hologramdesignhttps://t.co/bDygDRlguX
    HaguePrintUK Before you start your Holographic packaging design, there are three important questions you should ask.… https://t.co/EPQkGGFBV1

    Hague supplies the most comprehensive range of brand protection and secure printing solutions available in the market today

    The Latest

    More