What is a stock variance? To minimise stock variances you need to know what they are. A stock variance occurs when the inventory management system has a recorded quantity of stock items that is incorrect to what is physically available. A variance will usually be...
How to conduct a successful stocktake in 7 steps A successful stocktake means a successful business. To be successful, a business needs to know where it is spending money, and making it. For a large number of SMEs, this means buying and selling stock. An accurate...
