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<\/p>\nA step-by-step guide on how to use the Cycle count feature to track your inventory better.\u00a0We will start with first-time use with ABC analysis, then move to create batches, viewing, printing, and imputing batch information to update inventory.<\/p>\n
Main Menu > Manage My Inventory > Cycle Counting<\/p>\n
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Before you can cycle count your inventory, you will need to analyze which items to count and how often.<\/p>\n
ABC analysis is a method used to classify items in a cycle counting system based on their value or importance to a business. In a cycle count, ABC analysis can be used to determine which items should be counted more frequently and which items can be counted less frequently.<\/p>\n
To conduct an ABC analysis on a cycle count, the items are first sorted by their unit cost, or unit sales to indicate velocity, with the most expensive or fastest moving items assigned to category A, the next most expensive or fasting moving items assigned to category B, and the least expensive or slowest moving items assigned to category C.<\/p>\n
Category A items are typically the most critical items and should be counted more frequently to ensure accurate inventory levels. Category B items are less critical and may be counted less frequently, while category C items are typically the least critical and may be counted the least frequently.<\/p>\n
By prioritizing the counting frequency of items based on their value and importance, a business can improve the accuracy of its inventory levels while also optimizing its cycle counting process by focusing on the most critical items.<\/p>\n
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Once the ABC analysis is completed, you will need to create batches to break your inventory down into manageable lists for the warehouse to count the items.<\/p>\n
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<\/li>\nOnce the Batches have been created, you can view\/ review them, then select Which you would like to print and note to who you assigned that batch. Once a batch has been counted, you will manually enter the QOH reported and decide if the amount is accepted, or rejected(needing a recount).<\/p>\n
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<\/li>\nOverview A step-by-step guide on how to use the Cycle count feature to track your inventory better.\u00a0We will start with first-time use with ABC analysis, then move to create batches, viewing, printing, and imputing batch information to update inventory. Navigation Main Menu > Manage My Inventory > Cycle Counting Prerequisites…<\/p>\n","protected":false},"author":8,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":[],"ht-kb-category":[103,20],"ht-kb-tag":[120,105],"yoast_head":"\n