- Tel: (+27) 82 737 7033
- Mon → Sat : 8am-5pm
- Email: info@sillenaloss.co.za
Sillena Loss Control Pty Ltd
Sillena Loss Control Pty Ltd is a registered company 2019/255580/07 which was formed by Mr Silvester Singo with over a decade experience in stock taking industry.
Loss Control So Much More
Recipe Costing
Any business concern is to make profit at all times.
Food and Beverage Stocktaking
The most effective security tool you can introduce to your business is stocktaking
Stock Evaluation
We believe that inventory is the biggest current asset in your business.
Inventory Management Training
Sillena Loss Control provides inventory training to owners, managers, and head barmen.
What they say
We thrive and function based on these rules
- We Only Use Up-To-Date Inventory Data.
- We Give Our Team Clear Goals and Responsibilities.
- We Open and Count Absolutely Everything—No Guesswork Allowed
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- We Value Your Stock Correctly.
- We Advice On Ways to Decrease Stolen, Broken or Slow-Selling Inventory.
- We Continually Improve Our Stocktaking Process.
- Did You Know? Effectively managed inventory improves cash flow.
Benefits of Stock Taking
Stocktaking involves physically counting all of your stock and matching this up to your stock records to discover any discrepancies. The frequency of stocktake varies between businesses, with some preferring once or twice a year, while others prefer quarterly or monthly counts. If you’re running a retail business, you should do what feels right for you – there is no right or wrong.
An unfortunate reality in the retail business is that theft will always affect your stocktake numbers and cause discrepancies. Even more unfortunate is the fact that staff are also to blame for these numbers.pulvinar dapibus leo.
If you find some major discrepancies in your numbers, you may not be on track with all of your financial goals. It’s better to discover this sooner rather than later and readjust your forecasts while you can.
Trust us, it’s better to fix this now, rather than experiencing a nasty surprise at the end of financial year.
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Following on from the last point – stocktake will highlight any shortages you weren’t aware of and will prompt you to order more. There are things that even good inventory management software can’t always pick up.
For example, you may have had on record that you had a whole pallet of those super popular t-shirts, but stocktake could reveal that a large portion were damaged in transit, or even stolen.