Cycle Counts Overview
Regular inventory counts help your business to keep reliable records of stock levels, thereby ensuring that your inventory costs are accurate. Having accurate counts helps to identify inventory loss, trends in demand, and reduce stockouts due to discrepancies.
Watch the Video
This video focuses on auditing your inventory stocking levels in mass, through Cycle Counts.
Audio: Sound Length: 02:10 mins
Learn more
Cycle counts is a method of counting that allows you the freedom to either perform a complete inventory audit (where all operations cease at a facility while every Inventory item is counted), OR you can perform a audit on a subset of inventory items, such as a shelving rack, on a regular basis, such as daily, weekly, or monthly.
When you want to create a new cycle count, there are various ways you can select the parts:
- Bin Location Only - Create a Cycle Count using only Bin Locations and no additional filters.
- High Cost Per Item - Create a count list for high-cost parts by setting a minimum part cost.
- Inventory Shortages - Count parts with qualities below their minimum stocking level.
- Not Recently - Count parts that have not been counted since a selected date.
- Part Type - Count parts based on a specific Part Type.
- I want to pick specific pars on the cycle count itself
Access
To access the cycle counts module,
- Click the menu icon in the top left of the screen to expand the menu.
- Click the Inventory drop-down to reveal the cycle counts and transfers modules.
- Click Cycle Counts to display the module.
Key Performance Indicators (KPIs)
This provides the a quick overview of the inventory accuracy and current progress of inventory counts. Learn more in Understand the Cycle Counts Key Performance Indicators.
Customize List View
The list view is where you can see the full list of your Cycle Counts and their status. You can arrange the layout of the grid according to your own needs. Learn more in Customize the Cycle Count View.
Open Cycle Count
When you have a cycle count open, your employees can either complete the cycle count online to modify the bin location, current count, and cost. Or they can export the parts, modify the spreadsheet with the physical count result, and then import the parts back in. Learn more in Create a Cycle Count, Complete a Cycle Count, and Import and Export Parts for a Cycle Count.