Cycle Counts
Cycle Counts for Manufacturers and Retail
Are you looking for help with cycle counts? Perhaps your staffing is short or you are having trouble generating consistent and accurate results. H and M Services can help!
Cycle counts of inventory include a specific smaller section of the organization’s overall inventory. The benefit of the cycle count inventory method is that it is less disruptive than full inventory and generally requires less staffing.
Benefits and Challenges of Using Cycle Counts
Businesses need cycle counts to maintain accurate inventory records but they encounter multiple standard obstacles. The accuracy of inventory records suffers from inconsistent counting procedures and time and labor constraints and frequent discrepancies between recorded and actual stock. The problems become more severe because staff members lack proper training which results in incorrect counts and data mistakes and inventory management difficulties.
H and M Services can help augment your staff and/or do training with your staff to improve the accuracy and consistency of your cycle counts.
Manufacturer’s Conduct Cycle Counts
In manufacturing, cycle counts are especially valuable because they reduce overstocking and understocking which can optimize cash flow. Manufacturers will usually identify a zone, bin location or shelf range when they conduct cycle counting.
Retailer Cycle Counts
For retailers like grocery stores, you might just focus on the cereal aisle. Cycle counts are especially useful in grocery stores because of high volume and perishable goods, where keeping up-to-date inventory is crucial for reducing waste and maintaining customer satisfaction.
Service Promise: Accurate Inventory Counts
At H and M, service is defined in relation to the quality of its auditors. Quality is hard to find in this industry.
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We take pride in delivering quality service through attention to detail, flexible scheduling, robust reporting and consistency of performance. H and M Services is committed to providing unmatched top of the line inventory services.
As your partner, we understand that information that we provide is a vital component in the measurement of your business success and we promise to deliver a quality performance, accurate counts and customer satisfaction.
