Verification of Inventories and Cycle Counting
If there is any warehousing job that is usually taken for granted, it is that of taking physical inventories.1 This job is considered a “necessary evil,” yet it involves a considerable investment in terms of resources—people, equipment and time. While there are no magic solutions, certain systems, most notably bar coding, can help improve the accuracy and shorten the time of physical inventories.
KeywordsCycle Counting Inventory Team Accurate Count Inventory Balance Good Count
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- 1.Most of this chapter is based on an article by W.G. Sheehan, President, Distribution Centers, Inc., in Warehousing and Physical Distribution Productivity Report, Vol. 16, No. 11. Marketing Publications, Inc., Silver Spring, MD. Revised with the help of Bruce A. Edwards, Distribution Centers, Inc.Google Scholar
- 2.From Distribution Warehouse Cost Digest, Vol. 12, No. 18, Marketing Publications, Inc., Silver Spring, MD.Google Scholar
- 3.This subchapter is by James A. Tompkins, Ph.D., President of Tompkins Associates, Inc., Raleigh, NC.Google Scholar