Inventory Record Accuracy: Unleashing the Power of Cycle Counting

From the Publisher: Inventory Record Accuracy is exclusively devoted to helping your company achieve inventory record accuracy levels of 95 percent - or better. Through the use of a proven, effective tool, you can eliminate the inefficiencies that plague many inventory systems in today's time-compressed operations. Whether your company is using Just-in-Time or Manufacturing Resource Planning, you'll find this book's advice invaluable in dramatically improving your inventory accuracy in a short time. In today's economy of lean, flexible production, excess inventory or inaccurate information can create significant financial drains on your business. And inaccurate inventory reporting systems can make it difficult for any company to consistently achieve higher levels of performance through continuous improvement initiatives. Creating an effective, well-managed inventory record accuracy system is clearly a critical challenge for all companies on the way to world class manufacturing. With over 40 years of combined experience, the authors provide a clear path for dramatically improving inventory accuracy. In a clear, hands-on approach, you'll learn how to evaluate your current inventory system to identify areas for improvement, design and manage the implementation of Cycle Counting, effectively improve inventory management at single or multiple facilities, eliminate time-consuming physical inventories, empower work groups to facilitate the use of Cycle Counting, coordinate the use of Cycle Counting with Just-in-Time or MRP II, apply Cycle Counting concepts in a process industry setting, and develop important operating procedures to ensure optimal inventory accuracy over the long term. By following the authors' proven advice, your company can unleash the power of Cycle Counting and experience the benefits of dramatically improved inventory record accuracy.