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Quick Test for Inventory Accuracy

by Jon Schreibfeder | Sep 16, 2016 | Order Cycles, Physical Inventory – Cycle Counting

Recently our articles have concentrated on inventory management. That is, the planning process: making sure you have the right quantity, of the right item, in the right location, at the right time.  Successful inventory management leads you to reorder products when...

How Acccurate Are Your On-Hand Quantities?

by Jon Schreibfeder | Nov 14, 2012 | Physical Inventory – Cycle Counting

I recently visited the distribution center of a large national hard goods distributor.  This company is experiencing a significant problem with excess inventory in both their distribution center and their 100 store locations.  We have to eliminate this excess...

Cycle Counting Can Eliminate Your Annual Physical Inventory! (Part Two)

by Jon Schreibfeder | Mar 15, 2012 | Physical Inventory – Cycle Counting

Counting inventory in your warehouse is neither a pleasant nor an easy task. Over the last four months we’ve discussed various methods of counting your products in order to maintain accurate information about what’s in your warehouse and available for sale. Last...

Cycle Counting Can Eliminate Your Annual Physical Inventory! (Part One)

by Jon Schreibfeder | Mar 1, 2012 | Physical Inventory – Cycle Counting

Without accurate stock level information in your computer, effective inventory management is impossible. No matter what sophisticated tools you have in your inventory management system, if the computer thinks you have 100 pieces of an item, and there are really only...

Abandon the Full Physical Inventory… Cycle Count Instead!

by Jon Schreibfeder | Dec 1, 2011 | Physical Inventory – Cycle Counting

In order to receive all of the benefits from a good inventory management system, stock balances must be at least 97% accurate, every day of the year. This means that the actual available quantity of every item in the warehouse is no more than 3% greater or less than...

Reconciling Cycle Counts

by Jon Schreibfeder | Jul 1, 2003 | Physical Inventory – Cycle Counting

Cycle counting is the process of verifying the on-hand quantity of a specific number of stock products every day. In previous articles, I have described how to set up and maintain an effective cycle counting program and why this process is usually better than a full...
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