The Champion Blog

Inventory Counts: The Difference Between Count Tags and Count Sheets.

Below are some general guidelines and tips for preparing a spot count, cycle count, or year-end physical inventory.

For many companies on a standard calendar fiscal year, this is the time of year to check ending inventory balances and quantities on hand.

Inventory accuracy, or more precisely, Inventory Record Accuracy (IRA), is one of the most common pain points businesses face today.

"Do we show the on-hand inventory quantities on the worksheets or mobile devices used for counting?"