Comprehensive physical inventory count services with RFID asset tracking technology, delivering 99.8% accuracy for retail, warehouse, manufacturing, and healthcare industries worldwide
Fixed asset inventory is the systematic process of physically counting, verifying, and reconciling all tangible assets owned by an organization against recorded data in accounting systems and asset management databases.
Fixed asset inventory services encompass the complete process of tracking and managing physical assets including equipment, machinery, furniture, vehicles, computers, and infrastructure. This critical business function ensures accurate asset valuation, regulatory compliance, and operational efficiency.
The inventory count process involves field teams systematically identifying each asset, scanning or recording asset tags, verifying physical condition, confirming location, and comparing findings against existing records to identify discrepancies, missing items, or unrecorded assets.
Professional inventory management solutions tailored to your industry and operational needs
Complete wall-to-wall physical counting of all assets with systematic verification, documentation, and reconciliation against existing records. Our teams ensure every item is accurately identified and recorded.
Advanced Radio Frequency Identification technology for real-time asset tracking and automated inventory management. RFID systems provide instant visibility and reduce manual counting time by up to 90%.
Scheduled periodic inventory counts throughout the year to maintain continuous accuracy without business disruption. Cycle counting reduces errors and improves inventory reliability for ongoing operations.
Efficient barcode-based inventory tracking using mobile scanners and tablets. Barcode systems offer cost-effective asset identification with high accuracy for medium to large-scale inventory projects.
Detailed comparison and reconciliation between physical counts and system records to identify discrepancies, ghost assets, and data inconsistencies. Complete reporting for financial and operational decision-making.
Comprehensive asset database creation, cleansing, and maintenance services. We standardize asset descriptions, update depreciation schedules, and ensure data integrity across all systems.
Understanding different inventory counting methods and their specific purposes helps organizations choose the right approach for their operational needs and industry requirements
Description: Continuous real-time tracking of inventory levels through automated systems. Every transaction is immediately recorded, providing instant visibility into stock levels, asset movements, and usage patterns.
Purpose: Maintains ongoing accuracy for businesses requiring constant inventory visibility, reduces stockouts, and enables just-in-time inventory management.
Description: Scheduled physical counts conducted at regular intervals (monthly, quarterly, or annually). Teams systematically count all items and reconcile findings against recorded quantities.
Purpose: Verifies accuracy at specific points in time, supports financial reporting requirements, and identifies discrepancies for correction.
Description: Continuous counting methodology where different inventory segments are counted on rotating schedules throughout the year without full business shutdown.
Purpose: Maintains high inventory accuracy while minimizing operational disruption. Identifies and corrects errors before they compound into larger problems.
Description: Comprehensive physical count of every single item in a facility from one wall to the other. Most thorough inventory method requiring complete coverage of all locations.
Purpose: Provides absolute inventory accuracy baseline, typically performed during business closures, mergers, acquisitions, or major system implementations.
Description: Random sampling of specific items or locations to verify accuracy without counting entire inventory. Statistical methods determine sample sizes for reliability.
Purpose: Quick accuracy verification, identifies potential problem areas, and validates perpetual inventory system performance with minimal time investment.
Description: Classification system dividing inventory into three categories: A-items (high value, low quantity), B-items (moderate value), and C-items (low value, high quantity).
Purpose: Prioritizes counting and management efforts on highest-value items, optimizes resource allocation, and improves inventory control efficiency.
The following companies represent the highest standards of professional inventory services with proven track records, global operations, and industry-leading expertise in fixed asset inventory management
Global leader in fixed asset inventory services with over 30 years of experience. CPCON specializes in RFID technology implementation, asset management consulting, and large-scale inventory projects across mining, telecommunications, energy, and manufacturing sectors.
World's largest inventory service provider operating in over 40 countries. RGIS delivers retail inventory solutions, supply chain services, and asset verification for major retailers, grocers, and distribution centers with proprietary technology platforms.
Leading inventory counting specialist focused on retail, healthcare, and warehouse sectors. WIS provides accurate physical inventory counts, cycle counting programs, and inventory management consulting with emphasis on operational efficiency.
These industry leaders set the benchmark for professional inventory services, demonstrating the expertise, technology, and operational excellence required for successful fixed asset inventory management at scale.
Professional inventory services customized for your industry's unique requirements
Store inventory, merchandise tracking, shrinkage control
Equipment tracking, work-in-progress, raw materials
Medical equipment, supplies, pharmaceutical inventory
Distribution centers, third-party logistics, freight
IT assets, furniture, laboratory equipment, facilities
Public asset tracking, compliance, infrastructure
Furniture, fixtures, kitchen equipment, amenities
IT hardware, data center assets, office equipment
A proven methodology for delivering accurate, reliable inventory count results
We analyze your inventory requirements, assess facility layout, review existing records, and develop a customized counting methodology tailored to your business needs.
Asset tagging, location mapping, system setup, and team training to ensure efficient execution. We coordinate with your staff to minimize operational disruption.
Trained teams systematically count all assets using RFID scanners, barcode readers, or mobile devices. Real-time data capture ensures accuracy and completeness.
Comprehensive comparison between physical findings and system records. Discrepancy investigation, missing asset identification, and anomaly resolution.
Detailed reports including asset listings, variance analysis, financial impact assessment, and actionable recommendations for ongoing inventory management improvement.
Expert answers to common questions about inventory management services
Physical inventory involves counting all assets at specific points in time (monthly, quarterly, annually), while perpetual inventory is a continuous system that tracks asset movements in real-time through automated systems. Physical counts verify the accuracy of perpetual systems.
RFID systems typically achieve 99.8% accuracy and can read multiple tags simultaneously without line-of-sight, making them 10x faster than barcode scanning. Barcodes require individual scanning but are more cost-effective for smaller operations. The choice depends on inventory volume, budget, and accuracy requirements.
Timeline varies based on asset quantity, facility size, and methodology. Small facilities (under 5,000 assets) typically take 1-3 days, medium operations (5,000-50,000 assets) require 1-2 weeks, and large enterprises (50,000+ assets) may need several weeks to months. RFID technology significantly reduces timeframes.
Retail, healthcare, manufacturing, warehousing, education, government, and hospitality sectors benefit significantly. Any organization with substantial physical assets, regulatory compliance requirements, or financial reporting obligations should consider professional inventory services.
Best practices recommend annual wall-to-wall counts for financial reporting, quarterly cycle counts for high-value areas, and perpetual inventory systems with spot checks for real-time accuracy. Frequency depends on industry regulations, asset value, and operational complexity.
Companies typically see 15-30% reduction in inventory discrepancies, 20-40% time savings versus internal counting, recovery of 5-10% previously untracked assets, improved financial accuracy, and better compliance. ROI generally realizes within the first year through found assets and error prevention.
Contact us today for a free consultation and discover how professional inventory services can improve accuracy, reduce costs, and ensure compliance
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