01
π
MEASURE
Understand inventory accuracy
Compare system and physical quantities, calculate accuracy KPIs and
identify the financial exposure created by stock discrepancies.
- Measure exact-match accuracy
- Calculate quantity and value variance
- Identify items requiring attention
Open Inventory Accuracy Analyzer β
02
π
PRIORITIZE
Focus on the inventory that matters most
Use ABC analysis together with item value, movement, criticality and
previous discrepancies to direct control effort where it creates the
greatest operational benefit.
- Classify inventory by annual usage value
- Recognize high-value and high-risk items
- Support counting and replenishment priorities
Read the ABC Analysis Guide β
03
β
COUNT
Complete controlled physical counts
Prepare the area, control transactions, verify locations and record
quantities consistently before making any system adjustment.
- Plan the count scope and responsibilities
- Use blind counts where appropriate
- Recount material differences independently
04
π§
INVESTIGATE
Find the cause before adjusting stock
Review recent transactions, locations, units of measure, receiving,
picking and documentation to understand why the discrepancy occurred.
- Check transaction history and timing
- Search nearby and alternative locations
- Review receiving, picking and conversion errors
Open the Variance Investigation Guide β
05
π
CORRECT
Document and approve corrections
Record the verified physical quantity, explain the root cause and
complete authorized inventory adjustments with a clear audit trail.
- Separate confirmed facts from assumptions
- Record quantity and financial impact
- Obtain the required approval
06
π
MONITOR
Build a repeatable counting schedule
Create a practical cycle-count schedule using ABC classes,
count intervals and your teamβs daily capacity.
Record completed counts and review overdue work.
- Set counting intervals by ABC class or individual item
- Plan around working days and excluded dates
- Track completion and export your schedule
Open Cycle Count Planner β