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oboloo Glossary

Inventory Counts

oboloo Glossary

Inventory Counts

Inventory Counts are a fundamental part of any business, and there’s never been a better time to get serious about keeping track. An inventory count is the process of systematically identifying, measuring, and recording the amount of inventory held by a company. It gives a business an accurate picture of what stock it has on hand at any given time, allowing it to anticipate future customer demand and make sure that it can meet its obligations. Efficiently managing inventory counts helps businesses optimize their operational efficiency, as well as their material resources. Just like any other business goal, sound inventory management starts with accurate inventory counts.

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