Do you spend hours and hours cycle counting your inventory?  If so, how often?  As a former operations manager, I have been asked these questions frequently, and truthfully when I answer them, it is often with furled brow.  “We cycle count once a quarter!”  Of course you do…

So far this year I have visited many warehouses and spoken with business owners about their inventory procedures.  Roughly eighty percent of them do not have an inventory plan or count in place pre MarginPoint implementation.  With MarginPoint Mobile Inventory contractors can eliminate or minimize cycle counting

I get it, a full cycle count is no small feat, it’s a pain even.  It’s a day of lost productivity for any poor soul that you have pulled away from doing their daily routine to count objects in bins, all day long

This is of course, is a most extreme example.  There are many different ways to avoid this quarterly or even yearly activity.  You can cycle count a random sample of products at a regular interval, count your best sellers once a week/month (ABC), divide your warehouse into sections and count that way, or even use a static threshold to trigger a cycle count for an item.  What do all of these methods have in common?  A lot of time spent counting without addressing the cause of inventory level failures.

As a small to midsize business you are in an optimal position to better utilize your resources while running leaner than ever before.  MarginPoint gives you the opportunity to drastically reduce your inventory liability while at the same time, giving you more flexibility and control over the products that are on your shelves because there are less of them.  MarginPoint connects your business’ purchasing needs directly with your preferred suppliers supply chain.  This means that you only carry the inventory you need for the current business day while your supplier assumes the burden of holding your overhead until it is ready to ship to you the next day.  With integration designed to automagically replenish your product needs, why not set up your business by positioning your inventory levels to bounce back from inventory blunders instead of cycle counting?

Contact Marginpoint now to learn how to maintain optimal inventory levels through automated replenishment workflows. Minimize stock outs and shortages of material and significantly reduce the need for physical inventory counts.