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Author Topic: Nightly or Weekly inventory? Brandon Willis Expert Film Handler Posts: 216 From: Richmond, VA, USA Registered: Apr 2004 posted 12-01-2004 09:54 PM                     Whose theatre does which?  |  IP: Logged Dustin Mitchell Phenomenal Film Handler Posts: 1865 From: Mondovi, WI, USA Registered: Mar 2000 posted 12-01-2004 09:59 PM                     Weekly. If inventory problems were to start occuring again (we've had them in the past) I would switch to nightly but at the moment its not necessary.  |  IP: Logged Jason Black Phenomenal Film Handler Posts: 1723 From: Myrtle Beach, SC, USA Registered: Nov 2000 posted 12-01-2004 10:02 PM                        Dunno what you all think, but the only SAFE way to control inventory is to track and count nightly... I've done this for years now... even doing so nightly, I could not pinpoint a theif who wound up walking away with a LOT of money... Keep one thing in mind when it comes to people and cash... the only person you can TRULY trust is yourself...  |  IP: Logged Adam Martin I'm not even gonna point out the irony. Posts: 3686 From: Dallas, TX Registered: Nov 2000 posted 12-01-2004 10:12 PM                     Nightly inventory is the only way to go in this day and age. I've even worked in places where we needed such strict controls that inventory was done at shift change.  |  IP: Logged Brandon Willis Expert Film Handler Posts: 216 From: Richmond, VA, USA Registered: Apr 2004 posted 12-01-2004 10:15 PM                     At shift change? How did you manage that and get the cash-outs done and not have to be there until all hours, especially on a Saturday? We do nightly inventory not so much to detect theft, but to detect stupid mistakes that the cashiers make, even after we've trained them and in some cases written them up about it.  |  IP: Logged Mike Spaeth Phenomenal Film Handler Posts: 1129 From: Marietta, GA Registered: Jul 2000 posted 12-01-2004 10:18 PM                        Nightly! Weekly inventories are like rolling the dice at the craps table ... wonder how it'll come up this week.  |  IP: Logged Dustin Mitchell Phenomenal Film Handler Posts: 1865 From: Mondovi, WI, USA Registered: Mar 2000 posted 12-01-2004 11:20 PM                     I keep my inventory overage/shortage under .5% doing it weekly. At the moment I have 0 problems. If it were to get out of control again I would immediatly switch to nightly. Of course I only have one full time assistant at the moment and I'm running a 12 plex, so time constraints might just have something to do with my opinion on inventory.  |  IP: Logged David Yauch Expert Film Handler Posts: 206 From: Mesa, AZ, USA Registered: Oct 2004 posted 12-01-2004 11:23 PM                     We do it nightly, but we sort of have to with the amount of employees we have. If something turns up missing, we can watch cameras and get someone in trouble and we're only watching a day of footage. Inventory usually stays within .15% which is pretty good considering its a 25-plex with a few different managers working inventory shifts.  |  IP: Logged Stephanie M. Brosche Film Handler Posts: 14 From: Harrisburg, Pennsylvania, USA Registered: Oct 2003 posted 12-02-2004 01:07 AM                     We're a small 10 plex and we never have inventory problems, but we are forced to do inventory nightly. The odd thing is, our chain has just under 20 theatres, and only 2 or 3 of the locations have to do nightly inventory. Doesn't make sense to me, but that's why I'm not making the 'big bucks'. Doing inventory nightly has help us catch the one or two theives we've had pretty quickly though, so I guess there's something to be said for it. Just think it should uniform throughout the company is all.  |  IP: Logged Chase Hanson Expert Film Handler Posts: 172 From: San Diego, CA Registered: Oct 2004 posted 12-02-2004 03:41 AM                     I know we do ours weekly. I dont actually participate, but im usually closing with the Inventory Team and they generally get their stuff reconciled pretty fast, which indicates that the numbers are reasonable.  |  IP: Logged R. Andrew Diercks Expert Film Handler Posts: 232 From: Marion, Iowa (In the middle of everywhere) Registered: May 2003 posted 12-02-2004 07:43 AM                     I always did weekly until taking a 9plex and now I would never go back. It is so much faster and easier to catch problems and you can pinpoint at least the day a problem occurred which can help narrow down employees possible.  |  IP: Logged Chris Brown Expert Film Handler Posts: 105 From: Fairport, NY, USA Registered: Nov 2004 posted 12-02-2004 11:44 AM                        Even though I really dont think it's warranted, we do an inventory twice a day, once at midshift, once at the end of the night. The midshift one is not a full buliding inventory, however. We just inventory the stock behind one of the concession stands. Still a pain though, especially if you have shows up until 5:30 or later, and everyone is out at 6. Like I said, I really dont think it's necessary. I mean even if midshift is way off, its the end of the night that matters. I've had midshift inventories that were hundreds of bucks off, only to have the nightly turn out almost perfect. If it were me running the place, I'd go with nightly. Not my call though.  |  IP: Logged Scott D. Neff Theatre Dork Posts: 919 From: San Francisco, CA Registered: Oct 1999 posted 12-14-2004 10:42 AM                        At all the theatres I ever worked at, we did inventory nightly. I can't fathom how a weekly inventory could ever be accurate when sometimes employee mistakes from one night add up to so much money. The total of operator errors over a week would cause such a wild swing you'd never know where the problems were. I have spoken with a few managers at other companies who said that even when their home office required them to take a weekly inventory, they still maintained counts on a nightly basis to be able to pinpoint the problems and explain shortages.  |  IP: Logged Dan Costello Film Handler Posts: 3 From: Green Bay, WI USA Registered: Jan 2004 posted 12-15-2004 02:12 PM                    We have always done nightly inventory with cash at the local 8-plex, but in the recent months we have also started doing a daily inventory on candy, water, juice, etc. This common anywhere else?  |  IP: Logged Dustin Mitchell Phenomenal Film Handler Posts: 1865 From: Mondovi, WI, USA Registered: Mar 2000 posted 12-15-2004 05:54 PM                     You don't count cups and bags?  |  IP: Logged

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