The objective of the Branch Stock Valuation and Leakage system is to provide valuation information using by-product data that is already available within other system modules and maintaining accuracy by use of perpetual inventory means. 

 

Sales data generated by EPOS systems, and goods received data provided by the delivery systems, is used to create a database of stock balances for each branch at product level. This is achieved by integration with the Choise Head Office system modules for Price Administration (PAS), Branch Charging (BCS) and Corporate Database.

 

The system database is adjusted using data provided from branch stock take systems. Stock take data can be collected and updated to the system on a rolling basis allowing the most valuable or most vulnerable products to be prioritised.

 

The system allows for products to be categorised on a quantity or value basis. This allows for the production of full branch stock valuations.

 

Reporting of branch stock valuation is provided on a product or section basis. Stock adjustment values (leakage) are calculated and stock valuations including and excluding leakage are provided.