Overview of Cycle Counting
Cycle counting is the periodic counting of individual items throughout the course of the year to ensure the accuracy of inventory quantities and values. Accurate system on-hand quantities are essential for managing supply and demand, maintaining high service levels, and planning production.
You can perform cycle counting instead of taking complete physical inventories, or you can use both techniques side-by-side to verify inventory quantities and values.
Inventory supports serialized cycle counting, and the following modules discuss the steps involved. See also: Serialized Cycle Counting.
Tasks Involved
- Manually schedule counts for the following inventory control details:
- items, or specific revisions, lots
- subinventories or specific locators
See Also
Overview of ABC Analysis