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Stock Company Management is the management of the goods that your business intends to sell. Stock Company Management includes tracking, storing, and purchasing inventory. It can also involve forecasting the market, reducing costs, and having the appropriate amount of each item in the storehouse to meet sales forecasts.

The most efficient method for managing cashflow will depend on the size of your company and the kind and quantity of stock you hold. Smaller companies manage their inventory using spreadsheet formulas or the reordering of points. Larger companies could use enterprise resource planning software.

The cost of holding stock could comprise storage fees, labour charges to pick, store and pack the stock prior selling and also spoilage or waste. Stocktakes are a common part of a good inventory control system, which will reduce the structural costs. A stocktake compares the data of the stock sold and bought with inventory held in physical form, identifying lost, stolen damaged or soiled items which you can write off as an expense or deduct against the value of the goods sold for accounting purposes.

Being able to manage the right amount of inventory can help you set profitable prices, however, too much will tie up funds and increase storage and disposal charges. Stock turnover is an important measure. It is the number of times that stock is bought and sold over a certain period. This ensures that there is always less inventory than sales, thus avoiding the need to purchase and store dead stock.