Guide: 7 Proven Steps to Controlling Your Inventory
Did you know that if you happen to misplace $100 worth of parts because you don’t have organized bins, it could take as much as $1,000-$1,200 worth of sales to make up the loss, since the dollars you make come in net profit?
With help from Jeff Sheets, dealership consultant, and Jon Schreibfeder, president of Effective Inventory Management, Inc, we’ll show you a 7-step path that will lead you to gain control of one of the most important aspects of your business.
This guide will show you:
- How to plan and prepare for your inventory count.
- Effective methods to help you conduct an inventory count.
- How to prepare your employees for inventory counting.
- The difference between an annual physical count vs cycle counting.
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