Stock

When you are preparing for a stock take you need to know all the factors that involves stock take and have a influence on the end of the day.

The factors of Stock

1. Environmental ( Staff, time and date)
2. Purchases and sales ( Documentation)
3. Stock preparation
4. Stock count

The environmental factors goes hand on hand with planning and preparation of stock take.
1. People ( You need to inform your staff and customers )
2. Time
3. Date
4. Space

Types of stock

1. Equipment (Capital)
2. Furniture
3. Operating stock

Stock control

1. In store room - Purchases
2. What is sold - Sales
3. Still in use - On hand

The different types of documentation that you use to process a stock control is forms and sheets like, order forms, delivery, issue/journal forms, reduction reports, stock sheets etc.

To improve efficiently of preparation of stock take, always confirm with your stock supplier that there are no deliveries during stock take.

It is important that you familiarize yourself with your stock and your stock sheets. You must also make sure that the stock sheets contains the right information about a item.

Stock take sheets information contains

Description, quantity, stock count and total

Stock sheet

Description,unit size, price, open stock, purchases, Issue, spoilage, closing stock, actual and value.

The storeroom where you keep your stock must always be secure, dry and organised.

Slide show ( Will upload soon ) !!!