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How do you plan a physical count? What are the Do's and Don'ts we need to ensure while doing physical count?

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Question added by Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves
Date Posted: 2016/04/01
Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

  • Counting your stock isn’t just for insurance reasons, but a major determiner of your store's health.
  • You can get buy-in from your employees that, once completed, will mean less out-of stocks and having more of the best sellers.
  • You are also bound to find items you didn't know you even had.

I'm sharing a system I've used for counting the stock of a store because 95% of retail consists of single store operators who may not see the value in doing one.

That's because...

Counting stock and reconciling your records can seem daunting – especially if you haven’t done one for awhile or have a larger store. Or expensive if you hire an outside service. But don't let either of those stop you - you can count your stock on a shoestring budget...

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