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!)...
by Jon Schreibfeder | Sep 5, 1999 | Physical Inventory – Cycle Counting
In a previous article, “Do Your Employees Understand the True Cost of Lost Material?” we discussed the fact that many employees don’t realize the value of your stock inventory and may “borrow” products or take samples for their personal...
by Jon Schreibfeder | Feb 6, 1999 | Physical Inventory – Cycle Counting
No one who is of sound mind enjoys taking a physical inventory. In fact, many people prefer a visit to the dentist to spending a weekend counting every piece of every item in their warehouse. Even worse than a physical inventory is a physical inventory which results...
by Jon Schreibfeder | Feb 4, 1999 | Physical Inventory – Cycle Counting
A physical inventory is the process of manually counting all of the items in your warehouse(s). Most distributors conduct a physical inventory once a year. It is an expensive process that few employees enjoy. But, accurate balance information is necessary for both...
