The End of Year End Physical Inventory Counts?

As we inch closer to the end of another year, many have visions of turkey, Christmas trees and ringing in the new year with friends and family.  Without a doubt, this is one of my favorite times of the year.

Some folks, however, aren't looking at the end of the year with such excitement and enthusiasm.  Why?  Five words - year end physical inventory count.  I can hear the collective groans as this time of year is sure to be on the bottom of the list of favorite things to do.

While keeping accurate inventory is critical to Materials Requirement Planning (MRP), production scheduling and order fulfillment, it doesn't need to be painful.  The O2 Inventory Cycle Count module for O2 Mobile Warehouse and Sage 500 ERP software is an example of how easy your inventory control can be.  The cycle counting module uses the O2 Statistical Calculator to calculate a daily list of items to count based on confidence levels.  Results are automatically documented in the system.

O2 Inventory Cycle Count is a great way to increase inventory accuracy, save on costs and with consistent use may negate the need for year-end physical inventory counts.  Now that is something a business can put on their list to be thankful for this time of year.

For more information on inventory management software for Sage 500 or the Inventory Cycle Count module, visit www.evs-sw.com.