Chapter 12 – Physical Inventory And Cycle Counting

The topics covered in Chapter 12 include:

  • Why Is a Physical Inventory Necessary?
  • The Key to a Good Physical Inventory is Planning
  • Conducting the Actual Count
  • The Advantages of Cycle Counting
  • Overcoming Cycle Counting Challenges
  • Interpreting Your Discrepancies
  • Pay People to Protect Your Assets