Need:
A large machine tool supply company, a global leader in their field, needed an inventory in order to check the accuracy of their internal cycle counting processes. The customer’s accounting firm initiated the request, with specific requirements.
- The inventory must be a full wall-to-wall count
- The inventory must be conducted by a third party
Solution:
RGIS completed a full wall-to-wall inventory of all product in the 150,000 square foot facility in Ohio. RGIS utilized their proprietary data collection technology to count all material on site.
- A variance was confirmed based on bin location and item combination
- The project spanned three days and utilized 1,500 labor hours
Results:
The customer and their accounting firm were able to have complete confidence in the internal cycle counting process and return to normal business operation.
- RGIS completed the project in a timely fashion
- The accounting firm was satisfied with RGIS' impartial and accurate methodologies
- The customer was able to properly evaluate their internal cycle counting processes
Related Service: Commercial Parts Inventory