Cycle Count vs. Annual Physical Count - Which one is right for you?

Posted by Jeanna Courter on Jul 3, 2013 10:47:00 AM

If your organization maintains inventory, Generally Accepted Accounting Principles (GAAP) and IRS rules require you to either count your complete inventory on an annual basis or implement a perpetual counting system. So, which counting system is right for your organization? Arriving at a consensus on the method of inventory management in your distribution model is not a simple process. Below we will discuss two methods for inventory counting and how to decide which one is right for you.  

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Topics: Fulfillment Services, Distribution Center, Fulfillment Companies, Inventory Management, Product Fulfillment Services, Inventory Cycle Count, Annual Inventory Count, Physical Inventory, Perpetual Inventory

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