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Satisfying stock management solutions

Stock management made easy

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30% of businesses have

increased their investment in stock management technology as a result of the pandemic
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87% of retailers

in the UK planned to use RFID (Radio-Frequency Identification) technology for inventory management by 2021, highlighting the growing importance of technology in managing stock inventory
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Efficient stock management

can reduce inventory costs by up to 25%

STOCK MANAGEMENT

Put your stock management in safe hands.

 

Help improve your business performance, increase efficiency and enhance your customers’ satisfaction with our customised stock management solutions.

Our tailored approach and expertise makes us the perfect caretaker for all your inventory to enhance the productivity of your supply chain.

Understanding key challenges

CHALLENGES TO CONSIDER     

Stop and take stock

A successful supply chain relies on good stock management, but selecting the right partner to take care of this critical service can have its challenges.

Lack of expertise
Not all suppliers or service providers may have the necessary knowledge in inventory management to effectively optimise your inventory levels. Rest assured that we tick that box.
Compatibility with existing systems
Integrating inventory management systems with existing business processes such as enterprise resource planning (ERP) software, warehouse management systems (WMS) and customer relationship management (CRM) software can be complex and time-consuming. We are adept at effectively integrating our solutions with your existing systems, full stop.
Cost
Inventory management can be a complex and time-consuming process and some suppliers may charge high fees for their services. At Commercial we provide cost-effective inventory management solutions without sacrificing quality.
Accuracy and reliability
Effective inventory management requires accurate and reliable data on inventory levels, demand patterns and lead times. Criteria that you can count on with us.
Scalability
As businesses grow and expand, their inventory management needs may change. Our scalable solutions can grow and evolve with your business.

Discover more about how our stock management solutions can support your business.

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Send us a message

INDUSTRY INSIGHT

Inventory trends to watch and remain competitive

Innovative and technology-driven solutions, along with sustainability, are the leading stock management trends to note if you want to stay ahead of the game.

Cloud-based

Cloud-based inventory management systems allow businesses to access their inventory data from anywhere, at any time using the internet.

Integration

Inventory management is linked to other business systems such as accounting, purchasing and customer relationship management.

Sustainability

Many businesses are now focused on sustainability and reducing their environmental impact – demanding equivalent commitment from their suppliers.

Technology

The use of automation technology can help to streamline inventory management processes, reduce errors and improve efficiency.

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Don’t just take
our word for it…

Commercial deliver. We are fortunate to work with some amazing partners. Here are some examples of great things we hear every day.

Commercial has streamlined a previously complex stock management system for a leading retailer at Pets at Home, which involved two separate GNFR (Goods Not For Resale) suppliers—one delivering directly to stores and another to a warehouse. Leveraging the expertise of the Commercial team, they rationalised stock lines and introduced off-the-shelf alternatives for items previously considered as bespoke by the former suppliers. By merging both supply streams into one, they significantly reduced the number of required delivery journeys, thereby substantially decreasing the carbon footprint of deliveries.

Expertise and innovation for customised solutions that count

We’re proud of our proven track record of successfully managing inventory for a wide range of clients, recognised through our extensive loyal customer base and industry awards.

Our expertise spans the business services industry, from to legal to finance and healthcare to retail.  We have a deep understanding of the specific inventory management challenges and requirements of these various industries.

Customisation is king. Our inventory management solutions are tailored to the specific needs of our clients. This includes personalised reporting, inventory tracking and demand forecasting. While our commitment to innovation keeps us on track of cutting-edge technology solutions, which provides an advantage in terms of accuracy, efficiency and scalability.

BENEFITS OF WORKING WITH US

A range of benefits to boost your business

Quite simply, partnering with Commercial can help give you the competitive edge.  By optimising your inventory processes we can help you improve your business efficiency and cost savings, ultimately helping growth and success.

Cost savings

Effective inventory management can result in cost savings, as you can avoid overstocking and wastage, reduce inventory carrying costs and optimising procurement processes.

Accuracy

Accurate inventory tracking is crucial for you to optimise your operations. As experts, we can help improve your accuracy levels, reducing the risk of stockouts, overstocking and associated costs.

Efficiency

We can help streamline processes, reduce manual labour and increase your operational efficiency, resulting in time and cost savings for you.

Customer satisfaction

Our customised stock managed solutions help ensure that products are always available, leading to increased customer satisfaction and loyalty.

Support

Cross-divisional expertise

Beyond stock management solutions, we’ll leverage expertise across our business to add significant value to you.

Support

By providing ongoing support, analysing data and implementing new technologies and best practices, we help you improve your inventory management processes

Responsibility

Social and ethical responsibility

We focus on social and ethical responsibility, seeking to align with your values to build benefit for everyone.

Sustainability initiatives

We can work with you to help you to reduce your environmental footprint and achieve your sustainability goals.

Established in

1991

Don’t just take
our word for it…

Commercial deliver. We are fortunate to work with some amazing partners. Here are some examples of great things we hear every day.

The Commercial account management team provides invaluable weekly reports and expert advice to a leading retailer as they manage 200 lines of GNFR (Goods Not for Resale) stock. The intelligent stock reports are based on consumption patterns and previous seasonal variations, allowing for effective planning and forecasting. This ensures that 200 customised stock lines, including 12 considered business-critical, are always available to a network of more than 500 UK stores.
As a leading High Street retailer, we rely on accurate stock forecasting to ensure the availability of 14 lines of business-critical stock at all times. Commercial has provided us with the perfect solution through the expertise of their account management team. They have implemented several safeguards to ensure availability across all lines, managing two separate stockholding systems with contingencies in place. Weekly stock calls keep us updated on all stock holdings.
The Tesco procurement team have been delighted with the way Commercial share our desire to entrench sustainability into our supply chain – we really are kindred spirits. Our ethical and sustainability policies are of paramount importance to our reputation and the Commercial team reviewed and approved all products in a short timeframe. Commercial are already committed to the ETI base code and are working on achieving EcoVadis accreditation for all suppliers on the Tesco account.
The new Walsall Housing Group office is a fantastic, fresh and modern workplace thanks to the wonderful work of the Commercial interiors team. They created a steering group to work alongside us to understand our demands and held regular meetings during the design process to keep us informed of the progress. Our desire was for a more collaborative space, with meeting booths and one-to-one seating, rather than traditional desks – and they delivered a fantastic final fit-out over the full four-floor building.
Each year, Commercial supplies accessory packs to graduate trainees at a leading accountancy firm, which are then picked, packed, and delivered to their home addresses by the Commercial Foundation. This not only guarantees that every new employee has the necessary equipment to be productive from their first day but also allows their IT team to focus on other responsibilities. Collaborating with the Commercial Foundation generates substantial social value returns on investment for the firm and contributes to improving the lives of the Foundation's volunteers.
Wollens have enjoyed a long-standing and fruitful partnership with Commercial because they are always introducing innovations and improvements to our IT environment. As the threat of cyber-attacks increases it was vital that we strengthened our capabilities for dealing with a ransomware attack with a cloud-based backup solution. Our solution means data cannot be altered or deleted, giving us a crucial way of recovering data to minimise any potential downtime and financial losses
Working with Commercial for our branded materials has proved to be effective and collaborative. The team is efficient and they listen to requests for improvements. Commercial has made branded goods simple.
As E-commerce in retail continues to grow, Commercial’s stock-management and fulfilment expertise has allowed a leading UK retailer to free huge amounts of warehouse space. Commercial took on the stocking of our employee uniform, transferring to a new supplier with the management of the supply being consolidated into their existing supply accounts. Not only did this free vital space in their distribution centre, the consolidated supply of all GNFR delivered significant delivery cost savings.
At JoJo Maman Bébé we are happy to work with the Commercial Foundation and support inspiring work they do to help disadvantaged young adults. Like us, the Foundation are a B Corp certified organisation that is proven to put purpose ahead of profits. We have enjoyed working with their volunteers to help with a mug-making activity. We are now working alongside them to create an introduction gift for our new employees, these include printed mugs, pens and notebooks.

Evolving breakthroughs and exceptional accomplishments

Be a part of the triumphs of our esteemed clientele and witness the transformative power of our Retail solutions in revolutionising businesses. Each success story embodies a distinctive journey, reflecting our steadfast commitment to innovation and unparalleled service. Embark with us on this inspiring expedition as we collectively redefine the standards of retail excellence.

Unlock the power of your retail solutions with Commercial

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Frequently Asked Questions

Our team is here to answer any questions you may have. Here are some of the most common queries.

What is stock management?

This is the process of managing inventory within an organisation or retail business. It involves tracking the quantity, cost and location of stock to ensure that the right amount of items are available at the right time.

What are the benefits of stock management?

Benefits include reducing inventory costs, decreasing stock-outs and increasing customer satisfaction. It also helps businesses make informed decisions about inventory levels and purchases.

How do you manage stock levels?

Stock levels can be managed by setting minimum and maximum stock thresholds, reordering items when the minimum threshold is reached, and keeping track of inventory levels with a stock management system.

What is the importance of stock control?

Stock control ensures that there is enough inventory on hand to meet customer demand, while not having too much stock that will lead to unnecessary costs. Stock control also helps businesses keep track of their inventory and make informed purchasing decisions.

How do you track stock levels?

They can be tracked through manual methods like counting inventory, or through automated systems like barcode scanning. Automation can help reduce errors and increase accuracy in stock tracking.

What are the best practices for stock management?

These include setting minimum and maximum stock thresholds, creating an inventory management system and using data to inform decision-making. It is also important to stay up-to-date with industry trends and customer demands to ensure that stock levels meet customer needs.

What is the difference between inventory management and stock management?

Inventory management is the process of managing the items that make up a company’s inventory, while stock management is the process of managing the quantity, cost, and location of inventory. Inventory management focuses on the items themselves, while stock management focuses on the quantity and cost of those items.

What are the key elements of stock management?

The key elements include setting minimum and maximum stock thresholds, tracking inventory levels, optimising order quantities and analysing inventory data.

How can stock management help a business?

Stock management can help businesses reduce costs, improve customer service, and make more informed purchasing decisions. It can also help avoid stock-outs and ensure that the right amount of product is available at the right time.

What are the most important aspects of stock management?

The most important aspects are setting stock thresholds, tracking inventory levels and analysing data to make informed decisions. It is also important to stay up-to-date with industry trends and customer demands to ensure that inventory levels meet customer needs.

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