Physical count of inventory is a must for any retailer to maintain inventory accuracy, spot causes of shrinkage early, and ensure that you always have the right amount of stock at the right time.
A physical inventory count is the practice of counting your retail products in person. A staff member (or a team of staff members) goes through the retailer store and stock room and counts each item. The data is then recorded either manually, using pen and paper or electronically using a mobile device.