The Tech Store group counts all of its tangible inventory at the end of each fiscal year. This year was no exception. We received in over $9.5 million of inventory over the entire year which was a 10% increase over the prior year.
During the week of June 19, the Tech Store group counted over 19,000 items in 4 main locations (including our 3 Tech Store locations, and the Dayton Storeroom in B202) that contain 138 unique locators. (Locators are specific locations where product is placed within a main location.)
The Tech Store completes double counts of all the items in our Tech Store locations at Dayton, East Campus Mall, and at HSLC. Tech Store staff are paired up with a partner, a scanner, and a laptop, and scan in each item individually until all items have been scanned. Then, a second pair of staff counts the same items to verify that all of our counts are accurate.
Of the 19,137 physical products that were counted, 49 items required a 3rd count (a recount) because of discrepancies between the first two counts. This commonly happens when boundaries between individual locators are not clearly defined, or when product is misplaced or not where it would normally be.
In the Tech Store location at Dayton, Hannah Pringle and Brian Rucinski scanned the largest number of items of any team (1,364 items). Bret Vlach & Maggie Buday counted the second largest number of items (1,255).
Jeff Meyers spent over 11hrs across 6 days to complete the processing and reconciliation of all the counts. Jeff had to resolve 400+ discrepancies, which resulted in 130 adjustments.
The Tech Store will complete a post-project review of Inventory to find ways to improve it for next year!
A special thank you to the staff from Repair and Product Management for helping with Inventory counting this year.
Significant contributions for this article were made by Jeff Meyers & Lloyd Carter. Photographs were contributed by Dawn Karls