Tips for surviving a physical inventory
Achieve accurate physical inventory counts through thorough preparation, halting movements, clear communication, and progress tracking.
Achieve accurate physical inventory counts through thorough preparation, halting movements, clear communication, and progress tracking.
How can the Acme Company situation change with inventory velocity?
The main goal of cycle counting is to cycle through your inventory to ensure inventory accuracy on a consistent basis.
In my experience in working with clients across multiple industries, geographies and sizes, I have no doubt that effective inventory management is far from a no-brainer, yet implementing a few secrets to success can yield dramatic bottom line results.
How can we not only "get through" today's new normal business environment but THRIVE?
No matter why a client first calls, one of the challenges or areas of opportunity for significant gain stems back to inventory management.
Inventory accuracy is often overlooked, but it is vital to to bottom line business results.
It seems very common that people get on the bandwagon of some of these philosophies like JIT, and they give up as opposed to understanding that it's not something trendy to do.