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You know that in a hairdressing salon or beauty salon, you have to pamper your customers; but as a company manager you also have other tasks such as stock management. The Wavy team gives you tips on how to manage your stocks with peace of mind.
While this first trick may seem obvious, it is nevertheless essential. Many beauty salons still don't have storage space and the boxes are stacked in a corner. In addition to being rather unpleasant for customers, a stack of cartons is very difficult to manage in the long run. You should create a storage area (no matter how small) to make it easier to manage.
An annual inventory is anything but a good idea, especially for hair and beauty salons. Imagine that you are missing a particular shampoo or nail polish color? You could stupidly lose a client. To avoid this kind of inconvenience, keep a regular eye on inventory. We recommend a weekly check-up.
If the size of your living room allows it, you can continue to opt for a paper inventory, but the risks of errors are numerous. We suggest, for example, that you keep an Excel table that calculates the final stock automatically. However, you should enter all the goods sold or used by hand. It is still advisable to go digital, you can give your opinion on our article on the digital transition of hair salons.
For even more simplicity and considerable time saving, we advise you to choose the Wavy offer which, in addition to cash management, allows you to manage stocks. All your products are referenced and the inventory is automatically updated as soon as you scan a shampoo or cream with the hand shower. Magical isn't it? Don't worry, no extra work, the Wavy team takes care of integrating your product references in the app.
From the English 'First In, First Out', this trick is simple: the first product to be stocked must be the first to be sold. For example, if you start a case of treatment and receive a second case of the same treatment, do not open the second case until the first case is finished. This way, when you do your inventory, you won't need to count what's in the second case if it hasn't been opened yet. On a single product, this trick may seem useless, but if you have a large inventory then, believe us, you'll save a lot of time!
It allows you to optimize the cost of inventory management by balancing sales and orders. If frequent replenishment reduces inventory levels, it leads to higher order costs. Conversely, reducing the frequency of replenishment implies an increase in storage space. Over time, therefore, it is necessary to establish the right strategy to order at the right time and in the right quantities so as not to overload your hair salon or beauty salon.
Optimising storage space is essential to replenish your displays quickly and easily. To help you find your way around, the ABC method advises you to classify the products in order of importance:
This enables you to quickly identify weak points in the stock and to keep an overview of the stock development.
