Inventory management in a business can be very difficult especially if being done manually.It requires a lot of personnel , man-hours and preparation and sometimes even with all these components ,it still fails.
Stock Count increases the success of inventory management by allowing the process to be done very easily and more frequently with much less manual input(and paperwork). The advantages are:
The process can be performed daily if needed and on varying stock size.
Data on a particular item can be pulled immediately from a database to determine current volumes in warehouses .
Data can be uploaded immediately to a database as soon as the item is counted and thus providing current data through the organization.
Stock count can also be used in other departments to gain information on various items.
Stock count also comes with counter manager which allows a supervisor or manager access to who updated what product and when it was last updated so items can better be tracked