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Cycle Count Variances: How to Fix Inventory Discrepancies

by Jon Schreibfeder | Jul 1, 2003 | Physical Inventory – Cycle Counting

Cycle counting is the process of verifying the on-hand quantity of a specific number of stock products every day. In previous articles, I’ve described how to set up and maintain an effective cycle counting program and why this is usually better than a full physical...

Protect Yourself against Theft

by Jon Schreibfeder | Sep 5, 1999 | Physical Inventory – Cycle Counting

In a previous article, “Do Your Employees Understand the True Cost of Lost Material?” we discussed the fact that many employees don’t realize the value of your stock inventory and may “borrow” products or take samples for their personal...

Make This Year’s Physical Inventory More Accurate and Less Painful

by Jon Schreibfeder | Feb 4, 1999 | Physical Inventory – Cycle Counting

A physical inventory is the process of manually counting all of the items in your warehouse(s). Most distributors conduct a physical inventory once a year. It is an expensive process that few employees enjoy. But, accurate balance information is necessary for both...
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