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Download Oracle Inventory User's Guide
Transcript
Overview of Cycle Counting Cycle counting is the periodic counting of individual items throughout the course of the year to ensure the accuracy of inventory quantities and values. Accurate system on–hand quantities are essential for managing supply and demand, maintaining high service levels, and planning production. You can perform cycle counting instead of taking complete physical inventories, or you can use both techniques side–by–side to verify inventory quantities and values. Inventory supports serialized cycle counting, and the following modules discuss the steps involved. See also: Serialized Cycle Counting: page 12 – 5. Tasks Involved • Define a cycle count for the organization or subinventory level. See: Defining and Maintaining a Cycle Count: page 12 – 8. • Define cycle count classes. See: Defining Cycle Count Classes: page 12 – 14. • Define cycle count items. See: Defining Cycle Count Items: page 12 – 17. • Automatically schedule item counts using ABC count frequencies. See: Generating Automatic Schedules: page 12 – 20. • Manually schedule counts for the following inventory control details: – items, or specific revisions, lots – subinventories or specific locators See: Entering Manual Schedule Requests: page 12 – 20. • Generate daily, weekly, or period count requests and lists based on your schedule. See: Generating Cycle Count Requests: page 12 – 24. • Enter counts. See: Entering Cycle Counts: page 12 – 26. • Approve, reject, or request recounts for cycle count adjustments based on approval tolerances. See: Approving Cycle Count Adjustments: page 12 – 36. • Purge cycle count information. See: Purging Cycle Count Information: page 12 – 41. Cycle Counting 12 – 3
