This trailblazing guide explains the use of Cycle Counting to demonstrate how to achieve inventory accuracy levels of 95% or more. As a result, companies can productively manage every aspect of their operation while reducing the overall levels of inventory on hand. Packed with sage advice, examples, sample reports and clear descriptions on improving an inventory system.
I have followed the basic concepts of this book for over 15 years with great success. For DC Managers who are trying to start a Cycle Count process, this book is all you need. I have followed the principles in this book and have been able to successfully eliminate annual physical inventories at two different companies. I do not however use Brooks' and Wilson's "Tolerance" approach and always seek to hit 100% accuracy for every SKU. One must keep in mind that the purpose of cycle counting is not to correct individual inventory records, but to identify records requiring root cause analysis so corrective actions can be taken to eliminate the source of the error. This in turn not only corrects the immediate issue, but also similar issues that have perhaps not yet been discovered. If you use the Process Control method of Cycle Counting discussed in this book, and track dollar, SKU, and units in terms of gross variances (irrespective of + or -), you will accumulate results that should free you from ever having to take another Physical Inventory. As a DC Manager, that is priceless. mdv
good book, direct to the point, intersting, a bit basic
Published by Thriftbooks.com User , 26 years ago
This book sure is very easy to understand and very direct to the point. Although, a little more details particularly in the procedures for transactions would be helpful
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