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Physical Inventory

November 6, 2006

The topic around the water-cooler lately is inventory; the dreaded physical inventory. For the past 6+ years we have used portable handheld scanners to accomplish this task. These scanners were very expensive and took numerous hours to configure; so maybe it is for the better that they are no longer available. The replacement models can cost in the neighborhood of $1,500 and up ~ before configuration. So, needless to say, SUM/IT is taking a new (and better) approach to physical inventory: RGIS.

Last year we had about 15 sites give RGIS a good trial run. These sites ranged from small neighborhood stores to larger, 35,000+ sq-ft facilities. All in all, the results were overwhelmingly positive. Inventories were completed in half a day and accuracy was outstanding. (not to mention that someone else does most of the counting for you) The cost for the average store was just over $1,200 – not a bad investment in my opinion.

SUM/IT Systems already has all of the routines in place for RGIS; likewise RGIS already has programming ready for us. So the “start-up programming” costs that RGIS quotes most companies has already been taken care of for you. So when you start talking physical inventory around the store please give us a call and we can point you in a new, more efficient, more accurate direction.

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