Whether you operate a small, medium, or large-scale business, performing a complete stocktake at least twice a year is crucial for healthy inventory levels and minimising unwanted losses over time. However, stocktaking in a retail business can become quite frustrating, energy-draining, and time-consuming at...
An accurate stocktake is crucial in effectively managing the inventory of your business. It helps the business owner to make informed decisions when managing his/her business. A successful stocktaking process will help your accounts staff to reconcile physical stock to the inventory records, and...
Being prepared for the process is crucial to the success of your stocktake. In fact, it will significantly smooth out the auditing and improve the accuracy of the stocktaking process. Most Important Steps to Prepare For Your Next Stocktake There are many steps that...
If you own or operate a retail shop, you may already know the importance of stocktaking. In fact, stocktaking has numerous benefits for any type of business – whether a small, medium or large-scale establishment. The process may be carried out once a month,...
Inventory makes up a substantial part of the capital locked up in a business. Keeping control of inventory is helped by physical stocktaking which is done by counting, weighing or by other means to check all items in stock. Stocktaking allows a business to...
The inventory of a company is often one of its most important assets. They are available in a variety of forms such as finished and unfinished goods, work in progress, and raw materials. No matter what the actual inventory is, maintaining an accurate record...
An accurate stocktake will let you manage the warehouse inventory more effectively and make informed business decisions over time. That is why it is important that you follow the right stocktaking procedures for warehouses at all times. There are many important factors to consider...
Our offices will be closed on Monday November 5th and Tuesday November 6th for the Melbourne Cup long weekend. You can still send an email to us during this time, or leave us a telephone message and we will get back to you when...
Radio-frequency identification (RFID) is the use of an object (typically referred to as an RFID tag) applied to or incorporated into a product for the purpose of identification and tracking using radio waves. RFID can be used in a variety of applications, such as:...
Way back in 1977, when ASP Microcomputers started, we definitely weren’t thinking about our 40th birthday. From those humble beginnings, we’ve grown into a successful Data Technology company. Thanks to the ongoing efforts of our fantastic staff, the co-operation of suppliers, and the support...
