My advice to retailers is to never pay an outside party to do your stocktake and never do a stocktake outside of your POS software.
The most accurate stocktake result for any retail business is doing it yourself, using your POS software.
Recently, I got together with one of the stocktake experts at Tower Systems to discuss this and answer common stocktake questions we are asked.
- Don’t use an external stocktaker.
- Do your stocktake yourself.
- Use your POS software to record, live, m the stock count.
This is the best approach for maintaining accurate stock on hand data and for valuing stock prior to a change of hands of the business.