Meeting/Event Information

Physical Inventory Workshop

March 24, 2018
9:00 AM - 1:00 PM

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APICS Chapter Office - Conference Centre
1370 Don Mills Road
Toronto, ON M3B 3N7

Registration Closes March 19th, 2018 @ 5:00pm

Date: Saturday, March 24, 2018
Facilitator: George Stevens, CFPIM
Location: Chapter Office - 1370 Don Mills Road, in the Conference Centre. Entrance to the room is off the parking lot (located behind the building).

Description and Learning Objectives:
This workshop will discuss what works and what doesn’t as the participant learns the essential preparation steps and activities to perform in advance. These activities include everything from cleanup and sorting to working with auditors. The best physical inventories require the best, most thorough, preparation. The participant will also learn how to keep the physical inventory under control once it starts. From tracking of tags to weigh scales and facility maps to handling recounts, this course guides the way.

  • List areas that require preparation
  • List preparations for those areas
  • Define criteria for control of inventory tags
  • Properly prepare counters
  • Properly reconcile count discrepancies
  • Effectively work with auditors
  • Complete and close a physical inventory
  • Defining a physical inventory
  • Preparing for a physical inventory
  • Conducting the physical inventory
  • Reconciling the difference
  • Reporting results
  • Tricks, traps, problems and solutions

Certification Maintenance Points : 4

Registration Fee: 
For APICS Members $200.00 and for Non-Members $230.00 (13% HST included) - Coffee/Tea/Water & snack included.


Cancellations must be received by 5:00 pm, 5 business days before the event and must be sent in writing by email to There will be a 20% administration fee charged for cancellations, subtracted from the refund. Cancellation/refund requests will not be accepted less than 5 business days before the event. However, substitutions are welcome. Please let us know by 12:00 noon the day before the event of the person you wish to substitute by emailing



$200.00 APICS Members (+13% HST)

$230.00 Non Members or Guests (+13% HST)