A Practical Guide to Physical Inventory Counting and Cycle Counting


Every company that buys, sells and/or uses physical products deals with the pains of keeping accurate inventory records. The recent uptick in ecommerce sales, evolving customer preferences and unanticipated supply chain disruptions have converged to make inventory counts especially critical for manufacturers, distributors, wholesalers, retailers and ecommerce companies. 
Inventory counts are an integral part of any organization’s internal control environment and tend to be an all-hands-on-deck, manually-intensive affair that take place once a year. The process often extends a week or more, requires operational shutdowns and interrupts fulfillment processes as employees work to count one of the business’ most valuable assets: its physical inventory.

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