Whether your business consists of a single outlet or indeed multiple outlets, controlling your stock costs and monitoring stock pilferage is a vital mechanism for the survival of your business.

Our experience in the Hospitality and Retail sectors over the last 21 years tells us that stock taking is not always the most popular tasks to be performed by owner(s)/manager(s) within a business.

Most likely your business is currently experiencing the extra cost of employing the services of an external Stock Auditor to carry out your stock takes. Even more worryingly, maybe you are not controlling or monitoring your stock movements at all within your business. When we investigated this area further we found that this culture is quite common throughout the Hospitality and Retail sectors as management and indeed owners thought it a task that was time consuming and slightly scary to tackle.

So we thought long and hard in our development meetings about the feedback presented to us regarding the Stock Taking process and how could Titan help change this culture. We made it our goal to develop a stock taking process which would be simple to use and easy to implement.

To help us find a sensible solution we looked at other disciplines such as the sporting world to investigate the cultures which exist there. We took a leaf from the New Zealand All Black’s and learned from the way in which they execute their critical skills and tasks under pressure. We found that their day to day processes are incredibly complex but are executed simply. Educated with this information,  Titan decided to adopted the All Black’s mantra of “Keep It Simple Stupid”, universally known as “KISS”, in our approach to developing the TitanBI Stock Control Module and StockBuddy App.

The Titan Business Intelligence Stock Control module and StockBuddy App will help:

• Assist you to make informed decisions on stock trends.
• Highlight stock variances on products that may be having a negative impact on your business.
• KPI’s informing you of stock variances on products affecting your profit margins.
• Quickly tag and monitor certain products that are developing suspicious trends.
• Simple to understand reports such as stock analysis reports, Variance reports, Gross Profit Trading reports, Stock Valuation reports.
• Enhance your stock taking experience by utilising the TitanBI StockBuddy App.
• Save 70% of your valuable time by using the Titan StockBuddy App.
• Ensure your stock counts are accurate and available for analysis within seconds in your variance report.
• Instant Reports, so no need to wait until the external stock taker gets back to you with their results on your businesses health check.

“KISS”