I think that counting with locations might have been put into place to serve a purpose in the future moreso than right now... I agree, there is absolutely no reason for it at this time but you have to think of it as an investment in the infrastructure to our store that will (hopefully) be taken advantage of in the years to come! I also think that it is a relatively new thing, and there WILL be kinks in how we do things... the system is constantly changing, and Target will eventually learn that its stupid to count certain items outside of PIPO pallets and chips!
On the topic.... My suggestion to Target would be to have some sort of exception ratio into the accumulator/location system! Basically an item should reach a large enough trigger of OH vs capacity or just OH... and once it hits that number it shouldn't be required to be counted! So for example, we have tons pencils come in for back to school... after todays truck we just hit 501 OH and the trigger was 500, so it stops requiring us to count them when we backstock (just a thought?)