Procurement Market Intelligence Report
Inventory Accounting Services
Sourcing Guide & Market Intelligence
Smarter cost management starts with comprehensive market intelligence
United States
Global
Quick Navigation
Inventory Accounting Services Global Overview
Definition
Summary
This report is intended to assist buyers of inventory accounting services, also known as inventory counting services, which is the body of accounting that deals with valuing and accounting for changes in inventoried assets. Inventory accounting service providers count, track and collect data on finished goods, work in process and raw materials at locations including retail stores (i.e. convenience stores, clothing stories and liquor stores), grocery stores, warehouses, educational institutes, hospitals and pharmacies. This report does not include accounting services such as audit, cost, financial, payroll and tax accounting, or bookkeeping and billing services. It also does not include inventory software systems and scanning equipment.
This Report Includes:
- Delivery Audits
- Inventory Counting
- Inventory Valuation
Not in this Report:
- Audit Accounting Services
- Financial Accounting Services
- Payroll Accounting Services
- Tax Accounting Services
- Inventory Software Systems
Take the ProcurementIQ products and data tour
Explore live samples of price trend forecasts, price driver projections, forward-looking cost structure data and more.
Global Inventory Accounting Services Procurement Trends
Discover the top international trends affecting procurement in the global Inventory Accounting Services market.
Neutral
GSA memo asks agencies to review consulting contracts
- The General Services Administration (GSA) recently issued a memorandum asking government agencies to review their consulting contracts with the ten highest-paid firms. The ten firms are Accenture PLC (Accenture Federal Services), Booz Allen Hamilton Inc., CGI Group Inc. (CGI Federal), Deloitte Touche Tohmatsu (Deloitte Consulting), General Dynamics Corporation (General Dynamics IT), Guidehouse Inc., Huntington Ingalls Industries Inc. (HII Mission Technologies), International Business Machines Corporation (IBM), Leidos Holdings, Inc., and Science Applications International Corporation, Inc. (SAIC).
- The memo states that agencies are strongly encouraged to cut non-essential consulting contracts, providing a list of those intended to be terminated by March 7, 2025. By April 19, 2025, agencies must submit their reviews of non-GSA consulting service contracts.
- According to the GSA, the ten consulting firms identified are set to receive $65.0 billion in fees in 2025. The Department of Defense (DoD) has stated its intention to terminate or descope contracts non-essential to the DoD’s purposes; some of the largest market players with high-value DoD contracts include Booz Allen Hamilton, Deloitte, and Accenture.
- According to the Government Accountability Office, in the fiscal year 2023, government agencies spent $478.0 billion on services, with the DoD accounting for $230.0 billion and non-defense agencies accounting for the rest. The DoD spent $21.3 billion on support, professional, and engineering and technical services, while non-defense agencies spent $21.4 billion on professional services, which includes consulting, training, and support services.
- The Department of Veterans Affairs (VA) initially cancelled 875 contracts (amounting to around $2.0 billion) but has currently paused efforts. However, contract terminations across most agencies are expected to continue.
Global Inventory Accounting Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 Europe | 8,420 |
| #2 China | 7,390 |
| #3 United States | 5,250 |
Explore supplier concentration across the globe
We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.
Geography Drilldown - US
Average Cost of Inventory Accounting Services
United States
2026 Market Pricing$16.50 to $XXX.XX
per hourAverage Price
Prices in the Inventory Accounting Services market range from $16.50 to $XXX.XX, depending on Inventory Count Method, Size of Job, Type of Business and Location. For example, lower prices are associated with Digital scan ($150 to $350 per hour), whereas higher prices are associated with Hand count ($200 to $400 per hour).
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Inventory Accounting Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Inventory Accounting Services market, prices in the US have grown 3.4% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
Wondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Inventory Accounting Services
Total cost of ownership is Medium in the Inventory Accounting Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Hidden Fees may raise the total cost of ownership unexpectedly.
Negotiated Before
Implementation
Billed During
Insurance
Labor
Unforeseen
Hidden Fees
Spoilage
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -1.4 in the United States. Buyer power is most positively impacted by Recent Price Trend. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Computer & Packaged Software Wholesalers
- Electronic Part & Equipment Wholesalers
- Business Analytics & Enterprise Software Publishers
2nd
Tier Suppliers
- Computer Manufacturers
- Telecom Networking Equipment Manufacturers
- Intellectual Property Licensing Suppliers
Biggest Inventory Accounting Services Suppliers in the US by Revenue
The largest Inventory Accounting Services vendors by revenue in the US are Badger Inventory Services Inc., MISCO Inc. and Monarch Inventories Services Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| B. Riley Financial Inc. | Global | LOS ANGELES, CA | 1,001-10,000 | < 5 | ||||
| Badger Inventory Services Inc. | Regional | Cottage Grove, WI | 25-50 | < 5 | ||||
| MISCO Inc. | Regional | Indianapolis, IN | 25-50 | < 5 | ||||
| Monarch Inventories Services Inc. | Regional | Lenexa, KS | 25-50 | < 5 | ||||
| S & H Inventory Services LLC | National | Toms River, NJ | 25-50 | < 5 | ||||
| Deloitte Touche Tohmatsu | Global | London, UK | >10,000 | < 5 | ||||
| EY | Global | London, UK | >10,000 | < 5 | ||||
| KPMG International Limited | Global | Amstelveen, NL | >10,000 | < 5 | ||||
| MSI Inventory Service Corporation | Regional | Flowood, MS | 51-100 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Inventory Accounting Services market is 17.2% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Wages. The cost trend for this component is rising, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Average vendor risk in this market is low, since suppliers benefit from high profit margins and have strong buyer loyalty.
Market share concentration is low. The market is fragmented due to low barriers to entry; the majority of capital investment goes toward the purchase of technology and computer equipment, and suppliers face very few regulations.
This market faces a moderate supply chain risk, primarily due to business analytics and enterprise software that are in their growth stage and face impending regulations.
The United States is a net importer of computers, meaning it imports more computers than it exports. While lower manufacturing costs abroad drive down prices for imported computers, relying on imports can lead to potential shortages or price increases if there are supply chain disruptions due to geopolitical tensions, trade disputes, or global crises.
Supplier Information
B. Riley Financial Inc.
BRC Group Holdings, Inc. is a diversified holding company engaged in financial services, telecommunications, retail, and investments in equity, debt, and venture capital. It organizes its business into six segments: the Capital Markets segment, which provides investment banking and institutional brokerage... Subscribe to learn more
Badger Inventory Services Inc.
Badger Inventory Services Inc. is a private company operating regionally in the administration, business support and waste management services sector. The company's offerings include inventory accounting services. Founded in 1986, the company is currently headquartered in Cottage Grove, Wisconsin, United Subscribe to learn more
Deloitte Touche Tohmatsu
Deloitte Touche Tohmatsu is a private company operating globally in the mining, finance & insurance, professional, scientific & technical services, administration, business support and waste management services and educational services sectors. The company's offerings include oil & gas field consulting services,... Subscribe to learn more
EY
EY is a private company operating globally in the mining, finance & insurance, professional, scientific & technical services and administration, business support and waste management services sectors. The company's offerings include oil & gas field consulting services, management consulting services, environmental,... Subscribe to learn more
KPMG International Limited
KPMG International Limited is a private company operating globally in the mining, finance & insurance, professional, scientific & technical services and administration, business support and waste management services sectors. The company's offerings include oil & gas field consulting services, management consulting... Subscribe to learn more
MISCO Inc.
MISCO Inc. is a private company operating regionally in the administration, business support and waste management services sector. The company's offerings include inventory accounting services. Founded in 2001, the company is currently headquartered in Indianapolis, Indiana, United States of America with Subscribe to learn more
Monarch Inventories Services Inc.
Monarch Inventories Services Inc. is a private company operating regionally in the administration, business support and waste management services sector. The company's offerings include inventory accounting services. Founded in 1985, the company is currently headquartered in Lenexa, Kansas, United States Subscribe to learn more
MSI Inventory Service Corporation
MSI Inventory Service Corporation is a private company operating regionally in the administration, business support and waste management services sector. The company's offerings include inventory accounting services. Founded in 1969, the company is currently headquartered in Flowood, Mississippi, United States... Subscribe to learn more
Pricewaterhousecoopers Llp
Pricewaterhousecoopers Llp is a private company operating globally in the finance & insurance, professional, scientific & technical services, administration, business support and waste management services and educational services sectors. The company's offerings include management consulting services, environmental,... Subscribe to learn more
Accelerate the vendor selection process
Get a clear picture of the competition in a market and discover which vendors are best-suited for your sourcing needs. Our supplier profiles include hard-to-find financial ranges for private companies, cover public company data and feature an interactive competitor matrix.
Procurement Management KPIs for the Inventory Accounting Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Net Promoter Score (NPS) and Number of Errors. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Timeliness and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Net Promoter Score (NPS) |
|
Number of promoters Number of detractors Client testimonials |
The net promoter score measures how likely the average client is to recommend the services of the vendor. Net promoter score is commonly used to assess all types of accounting firms since it is a relationship-oriented business. |
| Number of Errors |
|
Average number of errors per task Number of errors per month |
Errors in the inventory accounting process can result in serious legal penalties for the buyer, vendor, or both if they violate reporting laws. Errors may be minor and thus do not accurately represent the performance and compliance of the vendor. Therefore, buyers should inquire about the severity of errors and if any led to serious legal penalties. Buyers should ensure vendors have strict metrics and tracking methodologies to identify and track errors. |
|
|||
Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Workforce
What training do your employees go through to ensure they provide accurate inventory counts?
How do you determine which employees to send on site to conduct the inventory count?
Supplier Size
How many jobs do you typically work on at one time?
How many other jobs do employees work on at one time?
Experience and Expertise
How accurate are your past inventory counts? What is your margin of error?
What suggestions have your most recent clients made?
The ultimate prep for procurement negotations
View all 31 negotiation questions for this category when you subscribe.
Inventory Accounting Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should provide a brief description of their business, including their primary operations, number and size of locations and any relevant history.
Buyers should detail what the primary products they stock are, including both final end products and input products, if applicable.
Statement Of Need
Buyers should detail the products and materials that will need to be inventoried.
Buyers should estimate the amount materials and state if the inventory already has barcodes or must be hand counted.
Project Budget
Buyers should state budget expectations and which pricing model they wish to use.
Buyers should explain terms of payment and details for the desired contract, including length and exclusivity.
The RFP process made easy
Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.
We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
