Inventory Cycle Count Procedures are business procedures designed to ensure accurate inventory records over time. They involve regularly counting stocks of items and comparing the physical count with that noted on a company’s database. This helps identify discrepancies or issues with stock levels, giving businesses an up-to-date picture of their inventory and allowing them to act quickly to correct any errors or address any changes in demand. When done properly, inventory cycle counting can provide useful insights into products, sales trends and customer needs. By regularly reviewing and updating their inventories, businesses can improve accuracy, maximize profits and even increase customer satisfaction.