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Benchmarks & Data · 1 min read

Measure stock discrepancies and margins in your own shop

This guide does not report a measured industry benchmark. Build your own baseline by reconciling opening stock, receipts, sales, returns, adjustments and transfers against a physical closing count for a defined period.

By the Suite.ng team · ·

Keep the measure consistent

Investigate unexplained differences and keep the measure consistent: units, purchase cost and selling value answer different questions. Do not mix them into one loss percentage.

Measure margin separately

Measure margin separately with your bookkeeper. When comparing a process change, document the period, branches, calculation and other changes that could affect results.