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...
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...
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...
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...
by Jon Schreibfeder | Mar 1, 2002 | Physical Inventory – Cycle Counting
In previous articles we’ve described cycle counting, the process of counting some stock items or warehouse locations every day, as a valuable tool in ensuring the accuracy of your perpetual inventory. We’ve seen numerous cases in which organizations, after...
by Jon Schreibfeder | Jun 1, 2000 | Physical Inventory – Cycle Counting
I just spent two great days working with a large food distributor. The company has begun a program to achieve effective inventory management. As part of the program, they are cycle counting products (see Cycle Counting Can Eliminate Your Annual Physical Inventory!)...