Asked by Andy Blackwell in Uncategorized
How should you be monitoring the stock levels in the salon?
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What services are offered by Salon Insurance?
This depends on what is meant by "Salon Insurance". If referring to the company Salon Insurance based in Australia, it offers insurance for the salon industry including; hairdressers, barbers, beauticians, day spas, manicurists, massage therapy, spray tanners, makeup artists among other insurances. However, if referring to insurance for the salon business sector most Salon insurance covers: content and stock, business interruption, money, court attendance compensation, stock transit, compensation/replacement of stolen keys, glass breakage, treatment liability, public and employers liability and accidental failure of water/electric/gas.
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What is meant by stock control in retail?
An important part of stock control is to keep an inventory of stock levels, and to reorder and replace stock that has been sold to customers. Nowadays, most stock control is automated by a computer system, being linked directly to the tills, with the tills being linked to stock levels available in the warehouse, and even in other branches if need be. Most businesses hold an annual stocktake, which is usually done manually by employees visually noting and counting stock levels, which are then used to update and correct the computer system. The annual (once or twice yearly) stocktake is also done for insurance purposes, and to bring to light any misplaced, missing or stolen stock.
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There are almost as many disadvantages of a stock control system as there are advantages. The disadvantages of a stock control system are: expense, staff training is needed, incoming stock updates can be forgotten, equipment breakdown, and breakages and theft must be accounted for to keep stock levels accurate.
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