In general, without organization in stock, the risk of losing sales increases. Efficient control also helps to reduce waste and unnecessary costs, allowing a clear view of what sells most, what gets stuck, and what needs to be replenished urgently. Thus, it is possible to make more informed decisions about purchases and promotions. However, why do so many entrepreneurs still struggle to keep their stock organized?
Although they understand the importance of this work, often there is a lack of time or manpower to keep the spreadsheet constantly updated. Therefore, we list the 3 most common mistakes and the best way to solve them. A spoiler: keeping the stock control updated is possible and much easier with the help of technological tools that automate management in a simpler way, without rework, and with great cost-benefit.
Errors from inefficient stock control
Trust in memory: trusting in the team’s memory opens up room for errors. Items may be registered twice, forgotten, or accounted for incorrectly. The fact is that when the product is not available at the right time, the customer simply gives up the purchase. Therefore, the secret is to automate the inventory control. Today, in the market, there are intelligent and suitable systems for businesses of various sizes, such as micro, small, and medium enterprises.
Promotions at the wrong time: a promotion at the wrong time can affect revenue and send the wrong message to customers. This strategic error is all about inventory control. In sectors like food, cosmetics, and medicines, leaving the product sitting for too long can mean total loss. This usually happens when there is no clear control over the input and output of items. To solve this, switching to an inventory control system means obtaining real-time reports that show which items have the highest turnover (and which ones get stuck), while organizing the product turnover by expiration date.
Manual spreadsheets: Manual spreadsheets work until your business starts to grow and the time to take care of the organization becomes increasingly scarce. The result is that when revenue increases, many companies reduce the quality of service and end up breaking due to management errors. In this scenario, a good inventory control system makes all the difference, as it automates processes, avoids errors, and ensures more agility throughout the operation. In the end, the company gains sustainable growth potential without the need for large investments.
How to choose the ideal inventory management system
The lack of inventory control directly affects revenue and the company’s reputation. Few entrepreneurs know that there are already intelligent tools to facilitate the entire process and ensure that there are no errors that cause losses. When choosing a solution, it is important to look for platforms with easy integration with other systems, developed for businesses of all sizes.
