Stock Variance Reporting

Case Studies

Contact us

  • Time reduced

    50%

  • Hours

    Working

  • Coverage

    National

Customer

  • Sector

    hybrid inventory

    An electrical goods retailer with 12 retail outlets and a huge online shop selling over 16,500 product lines, required the support of RGIS.

    THE CHALLENGE

    The electrical goods retailer needed an stocktake that would increase accuracy levels and give the variance of stock held.

    The specialty retailer required RGIS to provide the following:

    • National coverage to be able to attend all stores
    • Experienced auditors with retail experience
    • Reporting that can combine stock counted, variance of stock and items not counted
    • To be completed during working hours with no disruption to business, staff or customers

    Why RGIS?

    Customers rely on RGIS for stock variance reporting because our accurate, independent analysis quickly identifies discrepancies, highlights root causes, and provides actionable insights that strengthen stock integrity and operational control.

    RGIS White Logo

    Our Solutions

    The electrical goods retailer partnered with RGIS to complete the stock variance project, and RGIS provided the following:

    • Worked closely with stores to confirm scheduling restrictions

    • Created a bespoke program for the customer, which was tested before rolling out to all stores

    • Regular contact with all store operations teams

    • Review of both stock/back room and sales floor preparation

    • Accuracy checks conducted at all counts

    Results

    The electrical goods retailer found by outsourcing the stock variance project to RGIS, the following results were achieved:

    • Reduced time previously spent on inventory by 50%

    • Accurate stock results for all stores

    • In-house employees are no longer pulled away from regular sales tasks

    Conclusion

    By outsourcing the stock variance project to RGIS, the electrical goods retailer cut stocktaking time by 50%, gained accurate results across all stores, and kept internal staff focused on sales instead of counting.

    Related Case Studies