We were thrilled to see a significant increase in stock take activity by retailers using our Point of Sale software last week, through the end of the 2010 / 2011 financial year.
By counting and recording stock on hand with our Point of Sale software, our customers are setting their businesses up for better use of the software. Accurate stock on hand data facilitates time saving reordering through the software, better tracking of slow and fast moving stock, more valuable supplier performance comparison and overall tighter management of the inventory asset in the retail business.
Undertaking your own stock take also saves money on external stock counters.
While we cannot be sure, we think that the significant increase in stock take activity to end the 2010 / 2011 financial year was spurred on by our proactive training and encouragement to our retail customers to engage in this.
No matter what motivated the increased engagement, we are thrilled. We are certain that our customers will benefit as a result.