Stock Watch: Expert Stocktaking Services for the Hospitality Sector

 Stocktaking For Hotels, Bars & Restaurants Nationwide

Welcome to Stock Watch, your trusted partner for professional and independent stocktaking services and solutions in the hospitality sector. With over 35 years of experience in the stock taking industry, we understand the unique challenges that pubs, restaurants, hotels, and clubs face in managing their inventory and maximising their profitability.

At Stock Watch, we have developed a cutting-edge, custom-built stock taking solution that is specifically designed to address the issue of theft and shrinkage in the hospitality sector. Studies have shown that the hospitality industry is particularly vulnerable to shrinkage, with losses ranging from 1% to 7% and an average loss of almost 4%. That's why we are committed to helping our clients reduce these losses and improve their bottom line.

Our state-of-the-art stocktaking software provides instant, accurate stock control reports, giving managers an independent perspective on their inventory and allowing them to make informed decisions that can have an immediate impact on their business. With Stock Watch, you can rest assured that your inventory is in good hands and that you have the insights and tools you need to succeed in a competitive marketplace.

  • Roísín Dubh - Galway

    Testimonial is short and sweet “Best stocktaker I’ve worked with over my almost 30 years in the pub business”

    Simon Heaslip

  • The Twelve Hotel - Galway

    The Twelve is acclaimed as one of Ireland’s Top Hotels and is the food and wine destination of the West. Featuring two award-winning restaurants, a bakery shop, a pizza shop, and Twelve @ Home online takeout as well as a nationwide cocktail delivery service, one can see the importance of food and beverage to the business model. This is why we partner with leading experts in their field. Having worked with Geraldine of Stock Watch for over a year, I can testify to the level of expertise she offers. And it goes beyond this. Geraldine also shows a vested and passionate interest in our business.

  • Castlemartyr Resort - Cork

    Castlemartyr Resort has retained the services of StockWatch for the last 5 years. We have found them to be thorough, and very professional over this period of time. We use both their food & beverage services and find their reports to be informative, easy to understand and give us a very good insight into losses, areas for improvement, and overall GP performance of the Food & Beverage stock management.

    Barry Hennessy

  • The Old Royal Oak - Dublin

    We have been using Stockwatch for over three years and hope to continue for many more. Sean has extensive knowledge and experience in the industry from a personal and professional background. He is utterly discrete which is hugely important in this industry. The defining characteristic of both Sean and Cian is loyalty to the customer. In a competitive industry that has traditionally been a cash one, issues can be difficult to pinpoint coupled with identifying the source of them and answers. We have been blessed with their assistance in these matters. The reports are extensive, concise, and very clear to understand. They have provided us with a solid roadmap on a continuous basis to guide and grow the business. We recommend without reservation Sean and Cian Whelehan and Stock Watch for first-class, objective, and independent stock-taking services.

    Deirdre Costello – Publican, The Old Royal Oak, Kilmainham, Co. Dublin

 Number One supplier of stock-taking products to the licensed sector

So why choose Stock Watch for your stock-taking needs? Here are just a few reasons:

  • Independent and objective analysis: Our third-party stocktaking solution provides an unbiased perspective that can help you identify areas for improvement and reduce the risk of internal theft or fraud.

  • Advanced technology: Our custom-built software is designed to be easy to use, yet powerful enough to deliver accurate and detailed stock control reports in real-time.

  • Experienced professionals: Our team of stocktaking experts has over 35 years of experience in the hospitality sector and we understand the unique challenges that businesses like yours face on a daily basis.

  • Competitive pricing: We offer affordable pricing that is tailored to the needs of your business, whether you are a small pub or a large hotel chain.

At Stock Watch, we're committed to providing exceptional customer service and delivering results that exceed your expectations. We take pride in the relationships we build with our clients, and we're dedicated to helping you achieve your goals. Trust us to be your partner in success – contact us today to learn more about how Stock Watch can help your business thrive.

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Get in touch.

Ready to streamline your inventory management and boost your business's profitability? Click here to request a personalised quote for stock taking services from our expert stocktaking team today!

We treat your business like our own and are trusted advisors to all our clients

  • Our Software has been built by publicans for publicans.

  • Stock-taking at intervals that suits.

  • Minimal disruption.

  • We have an in-depth knowledge of cost prices and what you should be paying for stock, we will make you aware if you are overpaying on certain products.

  • We integrate with all till systems.

  • Highest standards.

  • Fully confidential.

Recent Blog Posts

Featured
The Importance of Regular Stocktaking for Bars and Restaurants
The Importance of Regular Stocktaking for Bars and Restaurants
Stocktaking Tips for Efficient Inventory Management in the Hospitality Industry
Stocktaking Tips for Efficient Inventory Management in the Hospitality Industry
The Role of Technology in Modern Stocktaking for Bars and Restaurants
The Role of Technology in Modern Stocktaking for Bars and Restaurants

Frequently Asked Questions

  • Stocktaking involves counting, valuing, and recording the inventory of a business. It's essential for hotels, bars, and restaurants to maintain accurate stock records, track stock movement, reduce waste, manage costs, and ensure profitability.

  • It's generally recommended to conduct stocktakes monthly, but the ideal frequency may vary depending on the size and nature of your business. Regular stocktaking helps you maintain accurate records and make informed decisions for your business.

  • Outsourcing stocktaking to professionals allows you to benefit from their expertise, accuracy, and efficiency. It frees up your time to focus on running your business, reduces the risk of errors, and provides impartial results.

  • Yes, our services can be tailored to the unique requirements of your hotel, bar, or restaurant. We work closely with our clients to develop customised stocktaking solutions that address their specific inventory management challenges.

  • Our experienced stock takers use industry-standard methods and advanced technology to ensure accurate counts and valuations. We also conduct thorough cross-checks and employ best practices to minimise discrepancies.

  • We provide comprehensive and easy-to-understand reports that detail your inventory levels, stock discrepancies, cost analyses, and other valuable insights. These reports can help you make informed decisions for your business.

  • The duration of a stocktake depends on the size and complexity of your business. Our team works efficiently to minimise disruptions to your operations, and we'll provide an estimated completion time based on your specific needs.

  • Yes, our stock takers have extensive experience working with hotels, bars, and restaurants in Ireland. They understand the unique inventory management challenges in the hospitality industry and are trained to address them effectively.

  • The cost of our stocktaking service depends on the size and complexity of your business, as well as the specific services you require. Contact us for a personalised quote based on your needs.

  • No business is too small to benefit from accurate stocktaking. Proper inventory management is crucial for businesses of all sizes, and our services can help you maintain accurate records, control costs, and make informed decisions.

  • To schedule a stocktake, simply contact us to discuss your needs and preferred dates. Our team will work with you to find a suitable time that minimises disruptions to your business operations.

  • Yes, our stocktakers are experienced in handling perishable items and will ensure that these items are counted and valued accurately while maintaining proper storage conditions.

  • No, you won't need to close your business during the stocktaking process. Our team works efficiently and discreetly to minimise disruptions to your operations. If necessary, we can also schedule the stocktake during non-peak hours or on a day when your business is closed.

  • We understand the importance of confidentiality and security in the hospitality industry. Our team follows strict protocols to safeguard your business information and maintain the highest professional standards.

  • Yes, our stocktaking services can help you identify areas of wastage and provide recommendations to improve inventory management, reduce waste, and increase profitability.

  • Yes, we can offer staff advice on inventory management best practices, including stock control, ordering, and storage procedures. This helps improve overall efficiency and reduces the risk of stock discrepancies.

  • We carefully investigate any discrepancies found during the stocktaking process and provide detailed explanations in our reports. We can also offer recommendations to address the discrepancies and prevent future issues.

  • Yes, our services include profitability assessments that can help you optimise your beverage offerings, reduce costs, and increase profitability.

  • Before the stocktake, it's helpful to ensure that your stock is organised and easily accessible. We can provide guidance on any specific preparations needed for a smooth and efficient stocktaking process.

  • We guarantee to provide stocktaking reports on the day of completing the process.

  • Yes, our stocktaking services can help you maintain accurate inventory records and comply with industry best practice.

  • If you have any concerns or questions about the stocktaking report, our team is available to discuss them and provide clarification or further assistance as needed.

  • Yes, our stocktaking services can provide insights into your stock levels and usage patterns, helping you make informed decisions about purchasing and ordering to optimise inventory management.

  • Our team continuously stays informed about the latest trends, technologies, and best practices in the stocktaking and hospitality industries to provide the highest quality service to our clients.

  • Yes, our stocktaking reports can help you identify slow-moving or obsolete stock, enabling you to make informed decisions about inventory management, promotions, and menu adjustments.

  • To get started, simply contact us to discuss your specific stocktaking needs and requirements. Our team will work with you to develop a tailored solution for your hotel, bar, or restaurant, and schedule an initial stocktake at a time that minimises disruptions to your business operations.

Contact us.

For a tailored stocktaking solution designed to meet the unique needs of your hotel, bar, or restaurant, simply fill out the contact form below, and our team will be in touch with you shortly.