Preparing for A Physical Inventory
Do you enjoy doing a physical inventory? I don't! Really, I prefer to to go fishing than to spending a whole weekend counting every piece of every item in my warehouse. Especially if it is a physical inventory which results in an inaccurate count of what is in stock. After all, the primary purpose of an annual stock take is to ensure on-hand quantities in your computer equals what is physically in your warehouse. If, during the counting process, your people overlook certain products and miscount others, the considerable amount of money involved in taking the physical is totally wasted. In fact, most distributors would be better off with no physical inventory than one which results in inaccurate counts.
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