Transcription of Inventory Cycle Counting - REM Associates
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Inventory Cycle Counting 20 Nassau Street, Suite 244. Princeton, NJ 08543-7345. Phone: (609) 275-4444. Fax: (609) 275-5651. Email: WWW: Cycle Counting TABLE OF CONTENTS. Cost of Inaccurate Records .. 4. Two approaches: Periodic and Cycle .. 4. ABC Inventory Analysis .. 5. ABC 5. Extension of The ABC Analysis .. 6. Count Frequency .. 7. Implementing a Cycle Count Process .. 7. When To Count .. 8. Causes of Inventory Accuracy Errors .. 8. Summary .. 8. Copyright @1999, REM Associates of Princeton, All rights reserved 2. Cycle Counting Introduction Inventory accuracy is a critical and highly sensitive area affecting firms. Cycle Counting can increase Inventory accuracy to levels of 97% and better, while offering significant cost savings when compared to physical Inventory Counting that the majority of firms currently use.
Inventory Cycle Counting 20 Nassau Street, Suite 244 Princeton, NJ 08543-7345 Phone: (609) 275-4444 Fax: (609) 275-5651 Email: rem@remassoc.com
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