C I M
Center for Inventory Management

www.CenterForInventoryManagement.org

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Services and Products

Cycle
Counting
Seminar

Cycle
Counting
via E-mail
Course

Fundamentals
of Inventory
Management
Seminar

Consulting
Services

How to Select
a Consultant

System
Implementation Handbook

CIM
Affiliate

My Ph.D. Dissertation

Manufacturing Practices, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cycle Counting
for
Record Accuracy Seminar
offered at your site

This two day seminar presents the sixteen steps to inventory record accuracy from education and
training to elimination of the annual physical inventory. The course of instruction follows the doctrine
contained in the revised edition of the APICS Training Aid on Cycle Counting for Record Accuracy.

The seminar is conducted by the co-author of the APICS Training Aid. Participants will return to
their companies with the knowledge required to install and manage an effective cycle counting program.
In this comprehensive seminar you will learn how your company can achieve these benefits from an
effective cycle counting system:
bulletImproved customer service
bulletIncreased productivity.
bulletLower investment in safety stocks.
bulletFewer stock-outs.
bulletBetter cost control.
bulletTimely correction of conditions causing errors.
bulletComplete or partial elimination of the loss of productive time. No need to shut down operations
 for physical inventory.
bulletDevelopment of specialists who become efficient in obtaining good counts, reconciling differences
 and finding solutions to system errors.
bulletFewer mistakes in item identification.
bulletConcentration of efforts in problem areas.
bulletHigh inventory accuracy through constant surveillance.
bulletNo requirement for staging of items to determine availability or shortages.
bulletValid data for inventory replenishment action.
bulletLess obsolete and excess inventory.
bulletReduced year-end inventory write-offs.
bulletCorrect statement of assets throughout the year.

AGENDA

First Day

9:00 - 9:30 a.m.          Introduction -- Objectives

9:30 - 10:30 a.m.        Inventory Record Accuracy -- Need for Accurate Records.

10:30 - 10:45 a.m.      Refreshment break

10:45 - 12:00 noon     Distribution by value analysis -- Application to cycle counting

12:00 - 1:00 p.m.        Lunch and group interaction.

1:00 - 2:30 p.m.          Methods of cycle counting -- Acceptable levels of accuracy

2:30 - 2:45 p.m.          Refreshment break

2:45 - 3:15 p.m.          Initial phase of cycle counting:
                                        Identification of problems.
                                        Selecting items to be cycle counted.

3:15 - 4:30 p.m.          Organizing for cycle counting
                                        Techniques of counting.
                                        Procedure for cycle counting.

Second Day

9:00 - 10:30 a.m.         Cycle count reconciliation:
                                        Cycle counting work in process.
                                        Cycle counting applied to other records.

10:30 - 10:45 a.m.        Refreshment break

10:45 - 12:00 noon       Computer applications:
                                        Cycle counting without counting.
                                        Improve the process; Don't inspect quality in.
                                        Elimination of annual inventory.
                                        Benefits of cycle counting

12:00 - 1:00 p.m.           Lunch and group interaction.

1:00 - 2:30 p.m.             Work on your company's plan for cycle counting

2:30 - 2:45 p.m.              Refreshment break

2:45 - 4:30 p.m.              Presentation of implementation plans for cycle counting.
                                          Questions and answers

 

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  Copyright © 2001 Center for Inventory Management
  Last modified: April 07, 2007