Cycle count (original) (raw)
A cycle count is a perpetual inventory auditing procedure, where you follow a regularly repeated sequence of checks on a subset of inventory. Cycle counts contrast with traditional physical inventory in that a traditional physical inventory ceases operations at a facility while all items are counted. Cycle counts are less disruptive to daily operations, provide an ongoing measure of inventory accuracy and procedure execution, and can be tailored to focus on items with higher value, higher movement volume, or that are critical to business processes. Although some say that cycle counting should only be performed in facilities with a high degree of inventory accuracy (greater than 95%), cycle counting is a means of achieving and sustaining high degrees of accuracy. Cycle counting can be used
| Property | Value |
|---|---|
| dbo:abstract | A cycle count is a perpetual inventory auditing procedure, where you follow a regularly repeated sequence of checks on a subset of inventory. Cycle counts contrast with traditional physical inventory in that a traditional physical inventory ceases operations at a facility while all items are counted. Cycle counts are less disruptive to daily operations, provide an ongoing measure of inventory accuracy and procedure execution, and can be tailored to focus on items with higher value, higher movement volume, or that are critical to business processes. Although some say that cycle counting should only be performed in facilities with a high degree of inventory accuracy (greater than 95%), cycle counting is a means of achieving and sustaining high degrees of accuracy. Cycle counting can be used to identify root causes of problems in control processes and then monitor the effectiveness of the actions to eliminate the root causes. In contrast, identifying root causes of inventory errors, agreeing on actions to eliminate them to the point of perfecting control processes is virtually impossible with traditional inventory audit approaches. (en) |
| dbo:wikiPageExternalLink | https://www.industryweek.com/software-amp-systems/reaping-benefits-cycle-counting https://scholar.google.com/scholar%3Foi=bibs&cluster=5440763298563455639&btnI=1&hl=en |
| dbo:wikiPageID | 682774 (xsd:integer) |
| dbo:wikiPageLength | 9094 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1080044807 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Inventory dbr:Host_system dbr:Barcode_scanner dbr:Data dbr:Accountants dbr:Database dbr:Pareto_principle dbr:Assembly_line dbr:ABC_analysis dbr:Supply_chain_management dbr:Warehouse_management_system dbr:Physical_inventory dbr:Inventory_control_system dbr:Mobile_computer |
| dbp:wikiPageUsesTemplate | dbt:Cite_journal dbt:Cite_web dbt:Lead_too_long dbt:Multiple_issues dbt:Refimprove dbt:Inventory_types |
| gold:hypernym | dbr:Inventory |
| rdf:type | dbo:Book |
| rdfs:comment | A cycle count is a perpetual inventory auditing procedure, where you follow a regularly repeated sequence of checks on a subset of inventory. Cycle counts contrast with traditional physical inventory in that a traditional physical inventory ceases operations at a facility while all items are counted. Cycle counts are less disruptive to daily operations, provide an ongoing measure of inventory accuracy and procedure execution, and can be tailored to focus on items with higher value, higher movement volume, or that are critical to business processes. Although some say that cycle counting should only be performed in facilities with a high degree of inventory accuracy (greater than 95%), cycle counting is a means of achieving and sustaining high degrees of accuracy. Cycle counting can be used (en) |
| rdfs:label | Cycle count (en) |
| owl:sameAs | freebase:Cycle count wikidata:Cycle count https://global.dbpedia.org/id/4ig7J |
| prov:wasDerivedFrom | wikipedia-en:Cycle_count?oldid=1080044807&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Cycle_count |
| is dbo:wikiPageRedirects of | dbr:Cycle_counting dbr:Cyclecount |
| is dbo:wikiPageWikiLink of | dbr:Pharmacy_technician dbr:Distribution_center dbr:Distribution_center_management_system dbr:Fishbowl_Inventory dbr:Stock-taking dbr:Physical_inventory dbr:Cycle_counting dbr:Cyclecount |
| is foaf:primaryTopic of | wikipedia-en:Cycle_count |