How To Control Stock Damage in Retail Grocery Store?
Today we will give you full information about How To Control Stock Damage in Retail Grocery Stores. If you are new to the grocery business read on. Whenever we open a grocery retail store major challenge is handling stock damage in the store.
Let’s discuss in detail how you can reduce the store damage in a retail grocery store. Below are will give you full details about how you can make your process easier. This will help you to reduce your stock damage in the grocery store.
Avoiding Stock Damages
Merchandise is what sells and creates revenues for the store and thus deserves utmost respect in the way we handle it.
Respect for Merchandise is a mantra that should be instilled and practiced by each and every person in the store team. The movement, storage, and display of merchandise should be done respectfully, keeping in mind that the ultimate sale of the same will bring in profits for the company.
But many times, merchandise is disrespected and treated badly thereby causing damages, loss of sale, and dead stock. Also, excess merchandise storage at the warehouse or on the floor creates damage and should be avoided.
Sources of Damage in Grocery Store
Damages/Defects can be caused and identified in 3 stages
Avoiding In-Store Stock Damages
Proper Warehouse Management
Once the merchandise is inward and stored at the store warehouse, the following precautions to be taken to eliminate chances of Damages. Once the merchandise is inward and stored at the store warehouse, the following precautions are to be taken to eliminate chances of Damages.
Securing of the Warehouse– Secure the warehouse by sealing off/securing all unnecessary outlets (e.g. open drains, vents, and damaged walls) to prevent access by rodents.
Timely Pest Control of the Warehouse- We must perform the pest control activity timely. As grocery stores stock a lot of food items, pets are expected to roam around. timely pest control activity is the solution for the same.
Adequate Racking Capacity and Bins in the Warehouse- In the absence of racks, the merchandise gets stacked on top of each other. Proper bin & rack management is to be followed to reduce the stock damage in the warehouse.
Storing of Merchandise to avoid stock damage in-store
The basic principles to be followed whilst storing merchandise are:
1-The warehouse space available to be segregated into different areas for ease of storing and retrieving.
2-The goods are to be stored in a manner that ensures retrieval of the merchandise as per the First in First Out method of stocking.
The FIFO method of goods movement
is an important aspect of merchandise management which ensures that goods that arrive first are
brought to the store floor first. This is an especially true store where the merchandise has expiry dates and hence the old lot should be sold prior to selling new lots else they will reach their expiry date.
Moving Stocks on the Floor
Moving stocks on the floor refers to an effective and cautious way of moving the merchandise from the Store Warehouse to the respective section where the merchandise has to be displayed and sold to the customers. Merchandise received from Central Warehouse or Vendors is taken to the floor after undergoing the Inwarding process. The excess or additional merchandise is stored at the warehouse till the time the merchandise is required to be displayed and stocked on the floor.
Stacking of Merchandise on the Store Floor
If we Properely do stacking of merchandise on the store floor plays an important role in reducing stock damages. Merchandise should be stacked on the floor in a manner such that;
- Goods are not dumped on each other thereby damaging them.
- Goods are easily accessible by the customer thereby preventing the dropping,
- or breakage of the item.
- Items removed by customers from shelves must be rearranged regularly.
- Unless this is done, the entire shelf becomes messy and the chances of damage
- become high.
Apart from the above below are more details when it comes to an Apparel or General merchandise retail store.
Controlling stock damage in a fashion apparel store
How to control damaged Food Grocery stores?
As you know, the grocery store has various products that are fragile or perishable in nature which need to be stacked properly to avoid damage. Most grocery stores such as Big Bazaar, Easy Day, or D’mart face this issue on a daily routine.
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If you follow the above details, you can control the stock damage in a retail store. Damage is a loss that a store can’t recover. It’s very challenging in today’s scenario where margins are very nominal.
How To Control Stock Damage is discussed in today’s post. If you have any queries or concerns comment below. We will provide you with more information related to your comment.