Reach Inventory Nirvana

Advice from true warehouse experts

Issue link: https://resources.pathguide.com/i/1126315

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Between the shrinkage suffered from pick and holds and lost inventory resulting from spoilage, damage and theft, these companies fight a losing battle to preserve an accurate and useful tally of their goods. So why conduct these types of inventories? One reason is that by staging physical inventories each year, companies keep the process fresh in people's minds and "help" them remember where specific stock is located. Despite these gross inefficiencies, they can't imagine moving to cycle counts, because they believe it would be too disruptive to change. We witness many warehouses and distribution centers operating like this. Their employees typically need to sacrifice an entire weekend to do a physical inventory, which ends up costing the company overtime pay while being neither particularly accurate nor useful. Most companies conduct an annual "all hands on deck" physical inventory. The company – and its employees – hate them.

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