6. Pros and cons of stock control
| Advantages of stock control system | Disadvantages of stock control system |
|---|---|
| Mostly automatic. You only have to use the correct input device (EPOS till, bar code reader etc) to use the system | Bespoke software. You can purchase off the shelf systems, but they you will likely have to tweak it to suit. You may have to pay a professional to do this |
| Instant feedback on current stock levels | Can be expensive |
| Sales reports showing what is and is not selling | Will need staff training |
| Reports help with forecasting sales and identify seasonal items | If equipment breaks down, it can be very awkward for the business |
| Staff may forget to update incoming stocks | |
| Must account for breakages and perhaps theft to keep stock levels accurate |
Challenge see if you can find out one extra fact on this topic that we haven't already told you
Click on this link: Pros and cons of stock control