Most of us know what it is. Some of us recognize the benefits of it. Few of us have made it be part of standard operating procedures in their organization. Cycle counting will increase the accuracy of inventory data in your systems.
By examining inventory daily, you’ll find those mystery items that have found their way to the shelves. You can correct items that have been put in the wrong place. You can rotate stock according to their expiry date. The list can go on indefinitely.
Cycle counting is penicillin for many organization ranging from manufacturer to distributors because it attacks so many little problems and solves them on a timely basis.