Why UPC Inventory Counts Outperform Traditional “Financial” Counts Financial inventories focus on departmental totals—helpful for ledgers, but blind to which SKUs drive shrink or overstock. By contrast, UPC inventory counts capture every item’s barcode, price, and on-hand quantity, giving retailers SKU-level clarity that fuels smart replenishment and tighter loss prevention. 5 Key Benefits of Switching…
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The retail dump bin is a retail store’s dream. Set up a barrel, fill it with mixed product, attach a splashy sign screaming an unbeatable sale price, and watch the customers buy, buy, buy. Unfortunately, the retail dump bin is an inventory auditor’s nightmare. There’s no way to organize the different items within the bin,…
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An accurate physical count is only as good as the plan behind it. A thoughtful inventory schedule keeps shrink in check, eases accounting pressure, and ensures the right data—and the right people—are available when you need them most. 1) Align Counts With Your Accounting Cycle The frequency of counts should match your financial reporting needs: Syncing…
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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…
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