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Inventory Cycle Counter

oboloo Glossary

Inventory Cycle Counter

Inventory Cycle Counting is a process used to accurately identify and account for the amount of inventory within an organization. It involves regularly counting items, or batches of items, in order to ensure that the records of available stock matches up with the actual physical stock. The frequency and regularity of the cycle count can be determined by the size and complexity of the organization, but it is typically done every month or quarter. Having an effective cycle count process helps minimize losses due to errors in inventory tracking and can quickly identify discrepancies before they become costly problems. With accurate cycle counts and reliable inventory data, businesses can make informed decisions about their stock and remain competitive in their industry.

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