08-19-2015, 05:41 PM
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. Cycle count will be performed in two steps. Initially the Cycle Count should be created and then the created Cycle count has to be performed counting.
Complete setup process step-by-step is documented in this article, you can download
presentation from this link is also uploaded
1st
http://www.ncoaug.org/NCOAUG%20Training%...rocess.pdf
2nd
www.atloaug.org/presentations/102003_CycleCounting_Collins.ppt
Part of Inventory module – One of 3 ways to count
Physical Inventory
Replenishment Counting
Cycle Counting
Automates periodic cycle counting
Identifies criteria for automating
Provides variance reporting
Allows approval control
Supports serial & lot control items
Link: ABC Analysis
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. Cycle count will be performed in two steps. Initially the Cycle Count should be created and then the created Cycle count has to be performed counting.
Complete setup process step-by-step is documented in this article, you can download
presentation from this link is also uploaded
1st
http://www.ncoaug.org/NCOAUG%20Training%...rocess.pdf
2nd
www.atloaug.org/presentations/102003_CycleCounting_Collins.ppt
Part of Inventory module – One of 3 ways to count
Physical Inventory
Replenishment Counting
Cycle Counting
Automates periodic cycle counting
Identifies criteria for automating
Provides variance reporting
Allows approval control
Supports serial & lot control items
Link: ABC Analysis