TRADE Feature
You Need Sufficient Stock
to Run a Successful Business
S
tock control is about managing your stock effectively, which is a key part of any successful hospitality business. Stock control involves careful planning to ensure that the business has the right quantity available at the right time because lack of stock can lead to a loss of sales and can ultimately damage your business reputation. Whilst most hospitality business owners recognise the benefits of stock control, many find it difficult to implement because it takes time to set up a good system and to provide the necessary staff training. According to Sean Scott, managing director at Retail Systems, a company that provide a wide range of customisable Point Of Sale solutions for small and large retailers, stock control is the heart of any retail business and should work hand in hand with sales and profit management.
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