Retail/Financial Auditing involves counting the physical inventory of your store using specialized equipment and then processing the data to give you a complete report at the conclusion of the count to show comparisons with the previous inventory results. Typically this type of inventory provides a compilation of inventory value, by department and section at retail.

Hospital Inventory and Asset Tracking for inventory tracking and compliance audits. Barcode development and RFID Integration is also available.

SKU/UPC Auditing provides the customer with a list of items in inventory as well as the quantity of each item by scanning the item's bar codes. Values and item descriptions are also available. The final listing is left with the customer at the end of the inventory count and can even be accessed online from AIS's server at your convenience.

Change of Ownership Auditing can be the most important inventory a business owner will ever have done. It is through this process that the buyer and seller come to agreement as to the value of the business and its inventory. This type of inventory is similar to a Financial Inventory but also includes a valuation of the business's supplies and facilities.

Price Verification is completed through the use of SKU/UPC Auditing along with the customer's willingness and ability to provide up to date and accurate software listings of each UPC code and its appropriate price. Upon completion of the audit our customer is presented with a list of all incorrectly priced items in the retail location which are flagged, facilitating the customer taking corrective action. Alternatively, we can generate new price labels as our crews encounter incorrect prices. This service may be combined with a Financial Inventory at a lower cost than performing these functions separately and is often called Master File Verification.

Top 100 Tracking is AIS's version of the true Cycle Count Audit. This is a specific product tracking or a randomized sampling, on a weekly or monthly basis, to provide management a precursor or potential problems.

Presentation Verification involves sending an AIS employee to your place of business for the purpose of evaluating the quality of the customer service and the appearance and cleanliness of the store, up to and including digital images of facilities. We can also check for security problems and are able to notify an appropriate contact person. This service gives you peace of mind, secure in the knowledge that your employees are treating your customers the right way, even when you are not present.

Merchandise Services

• Pricing Assistance
• Competitive Pricing Tracking and Assessment
• Product Buy-Back Coordination and Defective Write-Ups
• Out of Stock Reporting
• Ordering Assistance
• Product Shows/Demonstration
• Presentation Verification
• New Store/Display Set-U/Maintenance
• Category Management
• Plan-O-Gram Set-up, Maintenance and Integrity Verification
• New Product Cut-Ins/Stocking
• Promotional Seasonal Merchandise
• POS-Maintenance and POP Signage Maintenance

Methodology

Upon arrival at the location of service, the team members will position themselves and will complete the task at hand by working through the product categories from largest-turn item to smallest-turn item. This process ensures an accurate completion of tasks relevant to the store's stocking and sales operations. All procedures in stores are dictated by the customer and strictly adhered to.

Technology

Advanced Inventory Solutions, Inc. is currently one of the most technologically advanced inventory auditing companies in the country. AIS features immediate reports upon completion of the service. Our reports are laser printed in your stores. Our detailed reports allow product figures to be broken down in any manner and in as much detail as you deem necessary. AIS is capable of furnishing any form of inventory audit you may want or need. (See the Product Services and their descriptions.)

AIS's equipment can be used for:

• Hand written inventories
• Financial inventories
• SKU/UPC driven inventories
• Key entered
• Laser scanned

AIS's equipment can communicate via:

• Hand written information
• Cable batch information
• IR (infrared) batch information
• RFB (radio frequency batch) information
• RFR (radio frequency real-time) information

Upon completion, we always leave at the store a final inventory report that has been reviewed and approved by store management. Customers' corporate offices may receive their inventory report copies in a variety of ways. These include traditional paper and digital formats. Through the use of AIS's web site and the Internet, customers may access our servers and view and print a digital image (PDF) of their audit reports as well. Corporate-level personnel may have unlimited access to all of their stores' information. Each store manager (if you deem necessary) may enter the site and access his or her store's information only. All information is available within 24 hours of the audit.

AIS has a very thorough and multi-layered security entry system enabling only authorized personnel to access their stores' information housed on our servers.

System of Operation

Attention to detail: Choosing an inventory auditing service organization can often prove to be the difference between a successful sales period and an ambiguous financial reading. We pride ourselves on our meticulous attention to detail, as well as a core staff of dedicated professionals who care about the success of your business. We stand by our service as strongly as our clients stand by theirs.

Staffing: Advanced Inventory Solutions, Inc. features highly skilled team leaders. We will get to know your stores, their departments, and their personnel. Trained in current technology and trend indicators for retail business, we believe we have the finest team in the field of inventory auditing. The relationship between our inventory auditing teams and your stores establishes service that is superior over other auditing companies. Our teams are equipped with in-depth training before working in the field and become very knowledgeable about your particular stores and departmental groupings. You will find our team members are professional and inconspicuous.

1. Team Leaders
• Training - (Ongoing)
• Interpersonal skills -i.e.- Dale Carnegie Courses
• Technology/Computer skills
• Software usage
• Experience - AIS's current Team Leader roster boasts from 10 to 40 years of inventory auditing experience each.
• Highly compensated with excellent benefit packages. (Much higher compensation than industry standard.)
• Follow procedure guidelines for all operational situations, up to and including procedure checklists, where adherence is demanded.
• Complete professionalism is demanded.
• Each customer has a dedicated team leader. This means the same team leaders in the same stores, always. (Rotation of team leaders destroys congruity and familiarity within each customer location.)
2. Team Member
• Training - Before an associate ever goes into the field. (Ongoing)
• Interpersonal skills
• Technology/Computer skills
• Software usage
• Dedicated customer list
• AIS's teams are young, aggressive, and active individuals that are willing to get dirty when necessary to ensure an accurate count.
• AIS's team members are well compensated and have an excellent benefit package. (Much higher compensation than industry standards).
• Complete professionalism is demanded.
3. Team Support
• A dedicated staff supports AIS's teams. Each team has its own support staff outside of the customer's location.
• ALL support staff has inventory auditing experience. This heightens their awareness to what their team may need or want.
• Additional team support includes: Accounting, Human Resources, Customer Service Representatives, and Information Technology.
4. Training
• ALL of AIS's auditors are HIPAA-trained (Health Insurance Portability and Accountability Act) by a certified HIPAA trainer.
• AIS has Lousier gondola shelving units in each of our support offices filled with product for training purposes.
• AIS's Grand Rapids office has 20' of training gondola space.
• All other AIS office locations have 8' of training gondola space.
• All AIS team members have 8 hours of training in our office and (through great customer relationships) at an open grocery store. This allows AIS not only to develop counting skills, but also helps to identify product and in which category it belongs. (i.e.- grocery, taxable grocery, general merchandise, and health and beauty care)
• All AIS auditors are cross-trained and are able to work in any location inside a retail store or its warehouse.
5. Proper Attire
• AIS follows strict attire guidelines.
• Company shirts with AIS logo.
• Winter - Blue long-sleeve golf shirt
• Summer - Short-sleeve golf shirt
• Tan pants
• All auditors are expected to be well groomed and in order. If an auditor is not, they will not be allowed into a customer's location.
• All team members wear AIS name badges, with their names prominently displayed for our and your customers' benefit.
• Complete professionalism is demanded from all of AIS's associates.

AIS provides many benefits to our associates in ways other than insurance and vehicle usage.

Performance Validation

Advanced Inventory Solutions, Inc. is dedicated to providing the finest inventory auditing services available. On a regular basis we are audited by certified public accounting firms and have always been found to be within one percent of total accuracy. This is given that the product is properly marked and that the shelves are in order and not faced.

Quality Assurance

In an effort to continuously improve our service, Advanced Inventory Solutions, Inc. will provide each of your managers (up to three) with a Quality Assurance Letter to evaluate our service. These come with self-addressed envelopes, and our customer's corporate office will receive a copy of all the responses we receive, including Q&A Follow-Up if there are issues. This letter is a developmental tool we use to locate opportunities for improvement and to ensure that our customers are completely satisfied with our service.

Guarantee

We back our service with this unconditional guarantee:

If at any time a manager is unhappy with the inventory figures, we will re-audit the given area of concern before we leave the location that day. If the inventory is found to be off by more than one percent, we will re-audit any given section, upon request.