Cycle counting is an inventory management procedure that allows organizations to quickly establish the accuracy of their product quantities. It involves periodically collecting and verifying data on physical stock counts as opposed to taking a full physical count at one time. The goal is to regularly and accurately assess the quantity and status of a company’s stock, so they can make informed decisions about their supply levels and ensure products are available when customers want them. This process helps companies reduce costs, boost operational efficiency, and support customer satisfaction in an ever-changing and competitive market.