oboloo Glossary

Inventory Cycle Counting

oboloo Glossary

Inventory Cycle Counting

Inventory cycle counting is a business method used to ensure the accuracy and organization of inventory records. It involves regularly checking items held in stock, taking into account both physical and electronic records to ensure their validity. With regular cycle counts, you can decrease discrepancies between theoretical and actual levels of inventory and gain a better understanding of how much stock is actually available for sale or production. Cycle counting helps streamline your processes, allowing you to make decisions with confidence and accuracy.