What is the first step in completing inventory counts?

Prepare for the Performance Indicators Retail Merch Tier 3 Test. Use interactive quizzes and detailed explanations to boost your understanding. Ace your exam!

The first step in completing inventory counts is to preview inventory. This process involves reviewing the current inventory levels, knowing what products are in stock, and understanding the layout of the inventory. By previewing, staff can identify items that may be misplaced, sold out, or overstocked, which helps ensure that the inventory count is accurate and comprehensive.

This initial step lays the groundwork for an effective inventory counting process. It allows for addressing discrepancies before the physical count begins, ensuring that any potential issues or surprises are dealt with beforehand. A clear understanding of inventory positions helps streamline subsequent steps, improving overall counting efficiency and accuracy.

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