Planning a Successful Physical Inventory

Adapted from Planning & Conducting a Successful Macola® Physical Inventory on leahyconsulting.com.

A good count starts well before tag one. Pulse Dashboard gives you a set of screens and reports that clean up problem items in advance and keep the count reconciled while it happens. A recorded training session covering the full process, presented by Mike Leahy and Ann Hayner, is available through the training page.

Before the count

Inventory Exceptions Summary

Run the Inventory Exceptions Summary screen to surface items that will cause trouble later:

• Items with no cost
• Items with negative on-hand quantities
• Items not counted in the last physical inventory

Physical Inventory Prior Variances report

This report pinpoints items that, over the past X months, were counted with a variance greater than Y%. The resulting list identifies your top problem items — the ones worth pre-counting, counting and re-counting.

During the count