What is it how to keep track of a company's stock?

Stockouts or overstock are always negative for a company, assets must be in motion and your customers must have what they want when they want it. It is essential that, if a company wants to achieve a good degree of productivity, it manages its stock in the most efficient way.

Currently, there are management software that automate this task, which can sometimes be complicated, so that companies that have several products in stock can manage it more easily and efficiently. Above all, they save time and allow for better provision.

In this article we explain why your company needs stock control or warehouse control and how to do it efficiently with task and service management software.

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What is stock control and what does it mean?

Stock control of a company is very important, many consider it the key point for the company to be successful. We understand stock control as the organization of materials and products that enter and leave the warehouse.

To control your company's stock, you must make a balance between what enters the warehouse and what leaves, between what you sell and what you buy, so that at all times you control which products or materials you have and which ones you don't have and which you should buy. .

To correctly control stock it is necessary to make forecasts and know your customers, since there will be times of higher demand and times of lower demand. You must plan accurately to never leave the customer without a product or material and to be able to find the best offers.

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Why is stock control needed?

• Increased business profits. If a customer asks for a service or product and you do not have it in stock, their trust in you will fall. However, if you can have it immediately or in a short time, they will value their experience with your company very positively and, possibly, will turn to you for upcoming services.
• Customer loyalty. A very effective way to build customer loyalty is by offering them good service. This involves not making them wait too long to solve the problems for which they come to you. Customer satisfaction is essential for them to stay with you.
• Better customer service. Not only is it important that the customer has what they want when they ask for it, but customer service is often highly valued. Many times customer service is valued by comparing it with the competition, if you have a good stock and can be faster than other companies, you will be providing a better service.
• Reduction of warehouse costs. Both out-of-stock and overstock problems entail unnecessary costs for the company, because they are assets that, due to lack of supply, cost us more or assets that are not generating any type of income. In addition, space used for materials that will not be used in the warehouse also has associated costs, for example, for loss, breakage or deterioration.
• Fall in administration costs. If your materials and products in stock are organized, the administration department will have a lot of work to organize it, however, with good stock management they will be able to dedicate themselves to other company tasks.
• Better cash flow. Balancing the purchases and sales of your company will make profits grow, since all the expenses to recover stock will be returned to your company when they are sold, which, if good stock management is done, will be soon.

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How to keep stock control efficiently?

More and more companies are opting for the digital transition and for managing their company through management software that facilitates all company processes with suppliers, customers, services to be performed, worker time control and, of course, the stock.

There are many benefits that these softwares bring to the company. The most important of which focus on the ability to improve the organization of the company and thus increase productivity and profits. Many of these softwares have the ability to provide data to the company about, for example, stock and its variations that allow better and more efficient decisions to be made.

How can management software help you improve your company's stock control?

The perfect tool to keep track of stock

With taclia's task management and services software, the chaos of controlling your company's warehouse will end. With the taclia app you have immediate access from anywhere and from any device to personalized reports and data about what happens in your company every day. In addition, you can access all the work that has been done with each asset with just one click and save time in the management and maintenance of your assets by doing it centrally and avoiding paperwork.

With taclia you can access a complete list of data about each of your services, about your equipment, suppliers and assets of your company and obtain immediate information about the services that your clients request most frequently so that you can control your stock efficiently .