What is stocktaking?
Who are stocktaking.ie?
Why do I need to stocktake?
Do you only provide stocktaking services?
Do you work with businesses other than in the hospitality industry?
I have a good manager, can they not conduct the stocktake?
Are your services confidential?
Can I compare your services to my stocktaker?
What do Stocktaking.ie charge for their services?
What parts of the country do you service?
How often should I have a stocktake?
Why should I change stocktakers to use your service?

What is stocktaking?
Stocktaking is the physical count of products actually held in stock as a basis for verification of the stock records and accounts. Stocktaking is essential for understanding profitability as well as identifying theft or stock loss through waste/short deliveries etc.

Why do I need to stocktake?
By not stocktaking, you will be ignoring potential losses that can be occurring every day in your business. Stocktaking highlights individual variances in beverage stocktakes, wastage and stock losses in the kitchen and stock loss values in retail outlets. If you have never had an independent stocktake in your business, we recommend you commission a number of stocktakes over a month or so to understand if there are problems in your business. If the results yield no discrepancies you will have piece of mind, however if discrepancies are identified, then Stocktaking.ie will be able to recommend a suitable course of action to eliminate stock loss.

Who are stocktaking.ie?
Stocktaking.ie are a company based in Galway who provide stocktaking services to the retail and hospitality industry nationwide. They have a team of over one hundred stocktakers who can conduct stocktakes for all sizes of shops, supermarkets and retail premises.

Do you only provide Stocktaking services?
No, while stocktaking constitutes the bulk of our business, we regularly provide ancillary services as a result of the findings of a stocktake. Services such as Menu Engineering, Cost Control Audits. Click here to find out more about our extra services that can add value and profit to your business today.

I have a good manager, why can (s)he not conduct the stocktake for me?
While you may trust your manager completely, as a rule we recommend that any person who has a hand in ordering or serving the stock should not be involved in a stocktake as there is always the risk that stock quantities could be increased on paper to account for breakages or theft. An independent stocktake will report the findings "as is" and will make recommendations as a result. It is in our interest as well as yours to report the results independently and without agenda.

How can I be assured that my sensitive business information will remain confidential?
Since launching in 2004, Stocktaking.ie has built a solid reputation as a discreet, professional provider of stocktaking services and accurate reports. Many of our clients have been using our services since our first stocktake with them in 2004 and we are aware that we are only as reputable as our last stocktake. We encourage you to contact any of our Clients to ask about our services. Your confidential business information will always remain exactly that. Confidential.

I have a stocktaker at the moment but would like to compare your services
We prefer not to undertake what we call "tandem" stocktakes whereby both stocktakers undertake the count separately on the same day and compile reports with the results being compared. The reason we do not like this method is that invariably the counts will yield different results as we weigh every open and partial item, take down all cases, full or empty to check for contents and empty all fridges/freezers to examine stock. We prefer instead to refer you to any of our clients to gauge their levels of satisfaction with our services.

What do Stocktaking.ie charge for their services?
Because every business is different, it is difficult to quote without understanding your business, however, after a brief telephone conversation we will be better positioned to give you a free estimate. Our fee structure is based on whether an auditor needs to be assigned to your premises for a half day or a full day. Providing all relevant paperwork is available on arrival and the stores and shelves are all in order and prepared for a stocktake, we can usually undertake the stocktake of a standard bar in half a day, while food & beverage stocktakes normally take a full day. Contact us today for a free no obligation chat about your requirements.

How often should I have a stocktake?
We recommend you have stocktaking undertaken until you are satisfied that your profit margins are in line with expectations, that waste and stock shrinkage have been reduced to an acceptable level and that your staff are aware that you are intent on controlling costs in your business. In addition, we guarantee that if you don't need our services any longer, once you have reduced wastage and shrinkage and reached your targets, then we will be the first to advise you to use our services less frequently. We exist to save you money and add profit to your bottom line.

I have a food & beverage stocktaker at the moment. Why should I change to your services?
If your stocktaker provides you with itemised variance and profit reports on site on the day of the stocktake after weighing all partial bottles, weighing all food products as well as sitting down with you to use the results as a starting point to set goals for the future and targets for profitability, and is available any time to discuss your business and concerns, then you shouldn't change your stocktaker at all.

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