The crew showed up, they started counting, they counted everything. What do you need at the end? Well, it depends on how they counted it! If it was a “Financial” count where just dollars and units were counted, you will want to see how much was counted in each Area (based on the location within […]
Typically when we talk about inventories it means a Full Inventory where a crew of auditors goes into a store, counts everything in that store, and goes home. The data is captured electronically and transmitted to the store IT department, numbers are evaluated, shrink is detected, and basically the store performs a “re-set” based on […]
It may seem that using two inventory services would mean double the trouble, twice the work, or that it would needlessly complicate a process that’s already complicated enough. However, there are real benefits to using two vendors: 1. Scheduling flexibility. Improved chances of receiving the dates you want, not what the service can give you. […]
Non-Flavor UPC UPC Non-Flavor level inventories are generally used by the retailer to gain proper departmentalization/categorization and/or price capturing. This is dependent on what the retailer can provide the inventory service with on the validation file provided to complete the inventory. Any detail provided on the validation file can be extracted by the PICS program […]
One of the most overlooked aspects of our journey through each day is the aspect of safety. Now granted, in certain situations it’s given more attention than others; if you work in a pillow-testing factory, your concern with safety would be different from that of construction workers walking around on girders located dozens of stories […]
Perhaps you’ve been in a grocery store and heard the chirping sounds of the audit machines during an inventory count. Now that the counting has begun, there should be verifications taking place. This can be done either electronically with verification machines, or with printed reports, which store personnel can use to review Areas or Sections. […]
You don’t just send a group of people into your store and have them start counting stuff until they’re done. You need a plan. Every good plan starts with a Map. First your store is broken up into Areas. For example, in a smaller store each gondola and wall might be its own separate Area. […]
Uncovering the Gains of Financial or Scan Inventory Count After the dust settles from the busy holiday shopping season, the last “50% Off Sale!” signs are taken down and all eyes are turned to the New Year, one of the first priorities becomes Physical Inventory. While perhaps not the most delightful experience in the world, […]
PICS Unveils Our New Blog for 2014 Happy New Year! These are exciting times for Phyle Inventory Control Specialists (a.k.a. PICS Inventory) as we roll out a new website and a new blog. This is our first posting—glad to have you along! Over the years to come we will be posting on a wide range […]