Distance Learning via Internet E-mail
Cycle Counting for Record Accuracy
The Cycle Counting for Record Accuracy Seminar is now available via e-mail.
More than 2,000 individuals have attended our Inventory Management
seminars.
Content
The costs of poor inventory record accuracy are not always apparent to
management.
Consider the following results caused by inaccurate inventory records:
Unanticipated stock-outs
Decreased production efficiency
Higher investment in safety stocks
Requirement for staging of items to determine availability or shortages
Invalid data for inventory replenishment system
More obsolete and excess inventory
Some of these costs can be quantified. Others are intangible, but
nevertheless do exist and can be substantial.
It is important to have inventory records, which are accurate. Most
experts agree that this accuracy must be at least 95% and even higher for critical or high
unit value items.
The key to accurate records is the implementation of a sound cycle
counting system.
If you have any questions on this course via e-mail, please call us at
770-414-9302 or fax 770-414-9308.
The Sixteen Steps
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 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:
- Improved customer service.
- Increased productivity.
- Lower investment in safety stocks.
- Fewer stock-outs.
- Better cost control.
- Timely correction of conditions causing errors.
- Complete or partial elimination of the loss of productive time. No need to shut
down operations for physical inventory.
- Development of specialists who become efficient in obtaining good counts,
reconciling differences and finding solutions to system errors.
- Fewer mistakes in item identification.
- Concentration of efforts in problem areas.
- High inventory accuracy through constant surveillance.
- No requirement for staging of items to determine availability or shortages.
- Valid data for inventory replenishment action.
- Less obsolete and excess inventory.
- Reduced year-end inventory write-off.
- Correct statement of assets throughout the year.
This course consists of the complete text which
has been subdivided into 7 lessons.
Lesson 1:
I Why must records be accurate?
II Assuring record accuracy
III Why cycle count?
Lesson 2:
Distribution by Value (ABC) analysis
Lesson 3:
IV Cycle counting methods
Lesson 4:
V Organizing for cycle counting
VI Techniques of counting
VII Procedure for cycle counting
Lesson 5: VIII
Cycle count reconciliation
IX Cycle counting work in process
X Cycle counting applied to other
records
Lesson 6:
XI Computer applications
XII Cycle counting without counting
XIII Improve the process
XIV Summary
Lesson 7: Develop your
company's plan for cycle counting
PROCEDURE
Upon receipt of your e-mail requesting enrollment we will send you the complete
Cycle Counting text in Word,
the 52 PowerPoint visuals; the material on Distribution by Value Analysis (Pareto's Law)
and your first Lesson.
QUESTION AND ANSWERS
The Center will respond to any questions you may have about cycle counting and
the course.
COURSE COSTS
The cost of this long distance course via e-mail is
US$495.00. We will invoice you upon receipt of your registration request.
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