Stock Management and Control

 

You will already be aware of the advantages of a rapid stock turnover, particularly for perishable items but we repeatedly come across businesses that at best relax their own stock turnover rules or at worst don’t actually use a stock turnover policy. Ok, yes, some stocks increase in price but very few, if the relevant margin is achieved, could not be replaced, buy more stock, return a margin, more stock, returning a margin etc. HVT can develop a specific solution for you.

 

We can train or mentor your managers/team enforcing your current system or introducing a new control system. We can update or write new controls or you can simply outsource this control to us. Once established, all solutions add value to your bottom line.

 

Previous projects in this area including, but not exclusively, is a robust management technique in the ever volatile used car market. Using days in stock, along the lines of a 30 60 90 day pricing to stock age, the market value and extremely importantly its replacement value, not necessarily in that order, wins every time over either a blind liquidation or stock liquidation sales. Managed properly, it does not devalue your other product, adds credibility to your business, can be measured and importantly adds profit to bottom line.

 

Our trade experts can monitor your products, retail pricing, market position, and very importantly its current replacement value. Then monthly, weekly or daily produce a simple process, from either a single or multiple sites, collate and report back to you, structured factual information in hand then allows you to decide, its your business.