Finance

Cycle Count VS Physical Inventory Count Cycle Counting Cycle counting inventory is a form of perpetual inventory management. It counts your stock levels continuously over a predetermined period of time. The idea is that business owners and managers can keep their inventory optimized without having to conduct store-wide counts that interrupt your retail operations. Instead, […]

Why Count Your Inventory?  Asset Tracking and Valuation Managing Stock Levels Anticipating Demand Shrinkage, Theft, & Loss Control Accounting Location Decisions What should be Counted? Saleable Items Raw Materials Furniture, Fixtures, & Equipment Rental and/or Movable Equipment Cars, Trucks, Vans, Containers, etc. Where to Perform Inventory Counts? Inventory Counts by Physical Areas Items That Are […]

Cycle Count in Inventory Management Does your business sometimes experience delays in order fulfilment, resulting in dissatisfied customers? If your inventory count does not consistently match what you physically have in your warehouse, your company could benefit from cycle counting Cycle counting is an inventory auditing process where a small subset of inventory, in specific […]