WIS International provides inventory management and merchandising services for retailers of all sizes, as well as to a range of warehouse, service, and manufacturing industries. Offerings include physical inventory counting, retail price verification, and vendor audits. The company operates throughout North America, in addition to Central and South America, Europe, and Asia; overall, it has about 220 offices. Customers have included blue chip retailers such as Dollar General, Home Depot, Publix Super Markets, Walgreens, and Wal-Mart. Investment firm American Capital owns a controlling stake in WIS International; other shareholders include company executives. The company traces its roots to 1953.
WIS International checks inventories 24 hours a day, seven days a week. The company has steadily increased the number of annual inventory counts it performs in its core market of North America, growing almost 30% from 155,000 in 2007 to 200,000 in 2010. Its work includes assisting in the controversial retrieval of recalled infant and children's Tylenol products for drug maker Johnson & Johnson in mid-2009. (The medicines' withdrawal was triggered by revelations that some samples of the raw materials used to make the products contained potentially harmful bacteria.)
WIS International took its current form in 2005 when US-based Washington Inventory Service, known as WIS, merged with Canada-based Western Inventory Service, with backing from Canadian investment firm Onex. American Capital bought out Onex in 2007. – less