BEST PRACTICES FOR MANAGING INVENTORIES AND CYCLE COUNTS
In this seminar you'll learn...
How to use specific techniques that will actually improve speed and accuracy when counting inventory
How to prepare for the count using time-saving tools, formulas and checklists—available only here!
How to create a location system so precise, you´ll be able to pinpoint even the smallest units—instantly
To never take another physical inventory—learn how cycle counts can work for you
And much more!
A thoroughly up-to-date, one-day workshop that will help you run smooth and accurate inventories ... improve record accuracy ... and eliminate write-offs, shortages, rush orders and other profitability killers.
WORKSHOP AGENDA
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9 a.m. to 4 p.m.
Take a close look at your existing system
How to reduce forecasting errors—it´s easier than you think
Know your inventory system´s strengths—and weaknesses
Go paperless! Learn about electronic systems you can trust
Questions to ask yourself before implementing JIT
Learn the characteristics all successful inventory record-keeping systems have in common
Planning—the key to an error-free count
The pros and cons of blind counts
The absolute best ways to speed up cycle counts
When using multiple-count approaches makes sense
Checklists that will save you time and headaches
Clutter, lack of organization, trash—clean up your "house" before the count
Designing a simple and consistent location system
Getting around the problems involved with count tags
The best time to cycle count—and why
Dealing with multiple storage locations and the headaches they cause
How often should you count? Now it´s easy to decide
Selecting which items to count (Hint: Remember your goal)
Set up and run your cycle count program
Will cycle counting solve your problems?
ABC vs. Geographic: Which classification method is best?
How the 80/20 rule applies to your inventory
Never take another physical inventory—find out how
Know your cycle-counting methods—and their drawbacks
Pitfalls to avoid when ranking product
The basic steps in a smooth, stress-free and accurate cycle count
Conduct headache-free physical inventories
Dealing with the challenge of WIP inventory
Overcome your biggest stressors when conducting a wall-to-wall inventory
Get a firm grip on internal tracking with pallet tags
Thinking about hiring an outside firm to count your inventory? Here´s advice you can use
The unique accuracy issues surrounding in-transit quantities
The only way to deal with substitutions
Reporting: How to keep others—especially higher-ups—informed of your progress
Manage people issues
How to not get caught off guard by the auditors
Training employees on how to do counts the right way
The most effective people to designate as cycle counters
Down with employee theft! Ways to beef up security now
Tips for getting employees involved and thinking like a team
Lack of concentration—are your counters guilty?
Minimizing the things that cause the most stress on count day
Troubleshoot and overcome challenges
Resolving inaccuracies: Look at these 5 areas first
Tighten record-keeping procedures—and get other departments to adhere to them
How to know when a re-count is necessary
Evaluating and reconciling variances
Where did it go? Handling lost inventory
Understanding errors—the neglected first step in reducing them
Be aware of the potential negative effects of adjustments
What should your accuracy be? A simple way to answer an important question
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1 800 145 233
1 800 145 233
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