Steps to complete a Hard Inventory Count at mid - month or end - of - month
Implementing a Hard Inventory Count during the middle and end of each month is a recognized Retail Best Practice. This practice serves to guarantee the Month-End Inventory Report accurately reflects the Total Cost of Goods for all Store Products, while also aiding in identifying any Store Products requiring reordering.
To conduct a Hard Inventory Count, follow these steps:
- Access the "Manage" section.
- Choose "All Inventory."
- Opt for "Hard Count."
- In the Search field, scan an item to locate the specific Store Product.
- Adjust the In Stock amount as needed.
For a more efficient search for Store Products, maximize the Filter feature within the Manage Inventory window. Utilize criteria such as Stock Level, Vendor, Category, or Sub-Category to swiftly pinpoint the products necessary for your Hard Inventory Count.
Should you prefer to execute Hard Inventory Counts manually, you have the option to download the Hard Inventory Count Report. Simply select the "Export Excel File" button located in the upper-right corner of ImpulsePoint, allowing you to manage and track inventory using a spreadsheet format.
An alternate method for manual Hard Inventory Counts involves the utilization of the Import Inventory feature in the Manage Inventory section. This feature facilitates the effortless uploading of your Hard Inventory Count, ensuring precise inventory tracking.
To upload your manual Hard Inventory Count, follow these steps:
- Access the "Manage" section.
- Select "All Inventory."
- Choose "Import Inventory."
- Use the "Drag 'n' Drop" dashed box to drop your Excel file and upload your manual Hard Inventory Count.
Please note that the Hard Inventory Count file you upload should be the one you downloaded from within ImpulsePoint 2.0. This ensures accuracy in inventory tracking and streamlines the process of conducting a manual Hard Inventory Count.