Achieving Cycle Counting Success

Topics:
Inventory Management,
Warehousing and Storage
Tags:
Customer Relationship Management (CRM),
Enterprise Software,
Manufacturing,
Marketing,
Movement,
Preparation,
Product Marketing,
Software
Source:
Effective Inventory Management

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Overview: Extensive preparation is necessary for a full physical inventory. It is not practical to complete this preparation before each daily cycle count. It is equally difficult to conduct cycle counts only when a business is closed and there is no material movement. After all, cycle counting should be performed every day. Even if a company counts before or after normal working hours when there is little or no material movement, paperwork involving items being counted can be "floating" somewhere in the warehouse or office. The article explains that because accurate on-hand quantities are vital to both providing outstanding customer service and maximizing inventory turnover, it is not surprising that more and more distributors and manufacturers are implementing cycle counting programs. Read on to find elaboration on the issue.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Jan 2002 | Pages: 1


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