It can take a company up to 6 weeks to close the books at the end of their fiscal year. With these tips, you can cut that time in less than half.
Cycle Counting Physical Inventory
When part of a large functional foundation, cycle counting has proven to deliver inventory management efficiencies felt company-wide. The end-of-year, inventory count is a process often dreaded by those in the manufacturing industry. However, implementing strategies like cycle counting can reduce the time and risk it requires to complete the task. Cycle counting is a …