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History of Professional Inventory Services

EquipmentProfessional inventory services have been in existence for over fifty-five years. It all started with paper and pencil. One auditor would call off prices and quantities while the other auditor would record the figures. Later these figures would be extended and added together.

With the introduction of the calculators, the inventory taking process became more cost efficient and more accurate, but with the technology developed in the computer industry, the entire process has been revolutionized.

Today, each inventory is designed to meet the customers needs and pocketbook. Starting with the very simple, price times quantity, to the more detailed, SKU inventory.

Your inventory will be planned with your particular needs in mind.

Why Have a Professional Inventory Service?

  • A professional and experienced team of auditors has the proper equipment to calculate an accurate inventory with immediate results.
  • A professional inventory service is more cost effective than using in-house employees.
  • You and your staff are freed up to take care of customers and not lose sales during the inventory process.
  • An outside service will produce unbiased results.
  • Accountants need a Fiscal Year End Inventory for reporting taxes to the government.
  • A physical Inventory is necessary in determining the proper value for insurance purposes.
  • Retail to cost conversion inventories are needed to determine the value when purchasing or selling a business.
  • A book value inventory is needed to determine a shrink problem.
  • A detailed SKU inventory is needed to set up or adjust your database.

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