CONTROLLING THE LIABILITY & INTEGRITY
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Your biggest customer just called looking for a part….
Your system says you have two… Is it correct?...
Learn how to make sure the system inventory always matches
the actual!
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CYCLE COUNTING is a powerful tool to control inventory costs as companies
strive to use their resources optimally. CYCLE COUNTING is a dynamic technique
which confers on the progressive firm, the ability to substantially control
its inventory management costs.
At the end of this seminar, you should come away with:
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An understanding of the power of CYCLE COUNTING and need for inventory integrity;
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The knowledge to analyze and categorize inventory as per the ABC management practice;
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The knowledge to propose and justify the need for CYCLE COUNT to upper management;
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The excitement needed to return to your firm and initiate an implementation of a CYCLE COUNT inventory management system;
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Some documentation ideas for use in controlling the CYCLE COUNTING process
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AGENDA |
Session 1
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- Introduction
- What is inventory?
- What is Cycle Counting?
- Comparison of costs and benefits
- Operational integrity and benefits of CC
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Session 2
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- Determining inventory accuracy
- What is a "hit"?
- ABC analysis, unit of measure(UOM)
- Cycle counting experiences, exercises
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Lunch
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Session 3
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- Location systems
- CC methods and processes
- How to set up a CC system
- Six steps to establish a CC system
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Session 4
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- Who does Cycle Counting?
- How to sell CC to your firm?
- How to start CC program at your company?
- Implementation, tracking performance, auditing, and additional considerations
- Questions, discussion, seminar evaluation and feed-back
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What they said about this seminar:
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"Very informative seminar, especially for a company beginning a
cc program"
"Interesting seminar, I know there is more required on my part"
"Very appropriately and professionally conducted seminar, superior value"
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