Category Archives: Stock Control

Pareto Principle of Food Stock Control

Inventory management is time consuming and takes our focus away from building sales and providing a great customer experience. The Pareto Principal states that 80% of the effects come from 20% of the causes. In other words: 20% of your stock items make up %80 of your stock value. By focusing on the high value… Read More »

Taking Stock

No one likes doing stocktakes.   However, an accurate stock count is essential to producing meaningful management information. Here are some tips on doing an accurate stocktake: Have a hard copy of your stock list – A list grouping stock items by Category, then listing Stock Items in alphabetical order makes it relatively easy to look-up… Read More »