The Inventory Count Process, or ICP, is the systematic evaluation of a business’s stock inventory in order to confirm accuracy and detect any discrepancies. It involves counting or scanning physical items in storage to validate their presence and quantity against recorded values. This helps businesses maintain accurate records of their product levels, enabling them to efficiently order stock and manage inventory costs. To ensure successful ICPs, it’s important to plan ahead – from scheduling and training staff, to selecting the right technology for the job. With a reliable process in place and a commitment from staff, your business can benefit from an efficient inventory management process.