Does your stock move or just look good?
Our stock management guide provides a basic insight into managing your retail and back of house inventory.
The retail stock you have on display represents cash that you have locked in your business. Retail stock and back bar products that are not managed correctly can cause serious cash flow issues for your business. This may be due to varying reasons but can also occur if your stock management processes are not working or you have none in place.
If you spend time setting up your stock inventory, monitoring stock that is moving and stock that is not moving, identifying, or knowing why this is happening, then implementing ways to move stock and backbar products will improve your business cashflow, profits, customer satisfaction (because products are in stock), reduce waste and improve the ordering process.