Cycle Count Best Practices & How To Cycle Count

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  • เผยแพร่เมื่อ 22 พ.ค. 2024
  • For More Information visit: www.laceupsolutions.com
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    One of the key goals of any warehouse operation is to ensure accuracy of the inventory information. Errors in any process related to how your inventory moves can alter the accuracy of your inventory. That is why cycle counting is a standard practice of any warehouse. In this video I explain all you need to know about cycle count: What a cycle count is, why you need to do it, cycle count methodology, how to execute a cycle count, and cycle count best practices.
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ความคิดเห็น • 56

  • @keithclement7341
    @keithclement7341 ปีที่แล้ว +17

    I've worked in warehouses and done inventory for the greater part of my adult life. I'm now the inventory manager for a party rental company that has ZERO procedures in place. I'm literally having to invent a procedure. Through my experience I've made head way, but your videos are great to use in employee training. I find myself hearing methods I've used plus others that are new to me.

    • @Laceupsolutions
      @Laceupsolutions  ปีที่แล้ว

      Thank you my friend for your feedback.

    • @ezfox2825
      @ezfox2825 ปีที่แล้ว +1

      I just became the person that is suppose to do inventory at a large bread company, what kind of procedures have you put into place?

    • @willedwards9293
      @willedwards9293 7 หลายเดือนก่อน

      @@ezfox2825 You will need to establish a cycle count procedure to start. From there build out your inventory management procedure.

  • @thomasdriscoll8270
    @thomasdriscoll8270 ปีที่แล้ว

    I recently graduated and I'm about to begin a role as a production scheduler. Your videos are a great help, and I will return to keep gaining more knowledge! Thanks

  • @bluelion922
    @bluelion922 ปีที่แล้ว

    I'm in a small IT dept and must know most of the manufacturing process. This is awesome.

  • @wisdomdelanoche4627
    @wisdomdelanoche4627 2 ปีที่แล้ว +1

    Very informative, thank you for this video!

  • @cacique260
    @cacique260 2 ปีที่แล้ว

    Another excelent vídeo!

  • @govindachawla3561
    @govindachawla3561 2 ปีที่แล้ว

    Love the video....great work

  • @ezekielfavorito1951
    @ezekielfavorito1951 4 หลายเดือนก่อน

    I Love how you explained cycle count. I just got promoted as Inventory Analyst and i know i have so many things to learn when it comes to inventory management and your video was a great help.

  • @ashleysmith1011
    @ashleysmith1011 ปีที่แล้ว

    Great content thank you.

  • @ehtshamshafique4551
    @ehtshamshafique4551 2 ปีที่แล้ว +1

    Great 👍

  • @BettyFL
    @BettyFL ปีที่แล้ว

    Good information. Thank you.

  • @coraamey556
    @coraamey556 2 หลายเดือนก่อน

    Thanks. Terrific Video

  • @sonkelahliwe1938
    @sonkelahliwe1938 ปีที่แล้ว

    Lovely 😍 admire your work sir 👏

  • @mr171179a
    @mr171179a 3 หลายเดือนก่อน

    Thanks!

  • @brodyz8327
    @brodyz8327 2 ปีที่แล้ว

    you have very good videos. thorough and can be applied in most sizes of warehouse systems.

    • @Laceupsolutions
      @Laceupsolutions  2 ปีที่แล้ว

      Thank you for your comment my friend.

  • @hnremak
    @hnremak 2 ปีที่แล้ว

    This was helpful. Thanks.

  • @ManojPatel-un9ph
    @ManojPatel-un9ph ปีที่แล้ว +2

    Your video will be very helpful to my new career as inventory coordinator. Thank you

  • @corderoemc148
    @corderoemc148 2 ปีที่แล้ว +6

    You are the first person I find that I don’t need to watch their videos more than once to understand, and the whole entire video is full of useful information and straight to the point. Great Job!!👍, you got a new subscriber here : )

    • @Laceupsolutions
      @Laceupsolutions  2 ปีที่แล้ว

      I didn't see this until this morning. Wanted to say that I am grateful to have you as part of the community.

  • @jcl271
    @jcl271 หลายเดือนก่อน

    Thank you for this new to wear house work been doing construction my hole life due to a back surgery I can’t do that so they put me in the wear house

  • @ammiller3911
    @ammiller3911 ปีที่แล้ว

    Thanks for this. I got side shifted into inventory and I'm starting from ground up on cycle count

  • @marikumardodamani5618
    @marikumardodamani5618 2 ปีที่แล้ว

    Nice and informative.love from India Karnataka

  • @hassenusman7857
    @hassenusman7857 2 ปีที่แล้ว +12

    I’m starting my new job as an inventory auditor and in need of videos like this. Thank you! Hope i can stay in touch with you personally for any clarification i get to ask from you.

    • @Laceupsolutions
      @Laceupsolutions  2 ปีที่แล้ว +1

      Feel free to comment on the videos here and I will do my best to get back to you! Thank you for your comment.

  • @smartbanda4552
    @smartbanda4552 2 ปีที่แล้ว

    Nice video ,lm following you.

  • @rtwells1
    @rtwells1 ปีที่แล้ว

    I love the GTA Wasted edit! Would you mind doing a video regarding what IT's role should be in a WMS?

  • @rajivgoes6
    @rajivgoes6 ปีที่แล้ว

    Hi Mickey, loving your videos and learning a lot. Can you please recommend a comprehensive book that I can use as a guide for warehouse management?

    • @Laceupsolutions
      @Laceupsolutions  ปีที่แล้ว

      I wish I had one my friend… don’t have any books

  • @judgepage6605
    @judgepage6605 7 หลายเดือนก่อน

    What method would you recommend for a WH with 8.2 million in inventory and roughly 35-40,000 SKUs/totes?

  • @jojoargento
    @jojoargento ปีที่แล้ว

    I didn't quite understand the advice to count a bin when it's empty -- are you implying that an empty bin would equal 'zero' items in the inventory report, and as such, both the bin items and the inventory report should hit zero at the same time if data is considered accurate? Thanks for the awesome videos... I am learning a tonne!

    • @y1ink
      @y1ink ปีที่แล้ว

      Always should check empty bins sometimes systems show stock but the inventory is located in another bin. Also vice versa bin may be full of inventory and system shows nothing.

  • @patyvidal5642
    @patyvidal5642 ปีที่แล้ว +3

    The cycle counts in the company I work for are done by row and aisle without shutting down the skus. So essentially, sometimes you end up cycle counting something as the products are in picking or are being picked. Any suggestions on how to approach this problem?

    • @ChrisMackell
      @ChrisMackell 10 หลายเดือนก่อน +1

      You answered your own question freeze the sku, cycle count, return to operations - report - actions for discrepancies - action to remove discrepancies from happening - measure for resource - create training modules

  • @limshinlu2518
    @limshinlu2518 11 หลายเดือนก่อน

    What is the current situation and conclusion?

  • @shadowgold7785
    @shadowgold7785 2 ปีที่แล้ว

    I work as a inventory coordinator now and this place I work at is a mess. Other departments don't know how to map or they just take product and put them wherever they want. We don't have an actual warehouse so product gets wasted, a lot. I always watch ur videos hoping I could help this company. I love my job but no right stuff for job and lack of training get us nowhere.

    • @Laceupsolutions
      @Laceupsolutions  ปีที่แล้ว

      I'm sorry about this. This means that you need a WMS and a manager to enforce the system's processes. If you are missing either the system or the manager/process, the warehouse will continue to be a mess forever.

    • @Munyu_
      @Munyu_ ปีที่แล้ว

      I can relate

  • @franciscamakyamoah6832
    @franciscamakyamoah6832 10 หลายเดือนก่อน

    Thanks for this. Very helpful, but can you slow down a little bit in your videos?

    • @nachoscuttle
      @nachoscuttle 9 หลายเดือนก่อน

      Changed replay speed to .75

    • @Laceupsolutions
      @Laceupsolutions  9 หลายเดือนก่อน

      Thank you for your feedback x working on it

  • @itchyJaw
    @itchyJaw ปีที่แล้ว +1

    I got hired as an inventory clerk I always get yelled at because my count always didnt match up in quickbooks and everytime I count an item when I came back and count it again I am missing 1 or 2 I did what I could to track it and another factor is I was assigned to organize the 2nd warehouse where there is so much messed and the technician dont want his items to be moved so Im out of space for his stock materials to used Im so stressed I've been working over time for free for almost 2 months now just to catch up on this mess I dont even take breaks just to keep up with the workload Im in a frustrating situation right now I often get yelled because of this I'm about to hit 3rd month I got the idea but the thing is my count and QuickBooks are not having the same count my manager always yelled at me

    • @Laceupsolutions
      @Laceupsolutions  ปีที่แล้ว +2

      I'm sorry to hear about this... There is obviously a mess in the inventory and you are expected to keep everything perfect. The problem is that the mess is causing the discrepancy. Really hard to do without a system... I would say that you have two options, 1. Implement a WMS or 2. Start looking for another opportunity

    • @numbernine3436
      @numbernine3436 ปีที่แล้ว

      No way. This is the company's problem. This is their profit they're f'in with. Unfortunately your dedication is being taken advantage of. Take that dedication to a company who will appreciate it & you. Believe me there are plenty of large well known companies who want and appreciate thorough counters. There is this a perception that cycle counting is the "easy job" until those people are made to cycle count. Many people quit when they're made to cycle count. Organization is everything. But no one really cares except those who need to accurately count it. Take your hard work elsewhere.

  • @yasermarie4490
    @yasermarie4490 ปีที่แล้ว

    How do you deal with BAD ORDERS what system should be done? Say a warehouse that sells Wholesale Grocery items.

    • @Laceupsolutions
      @Laceupsolutions  ปีที่แล้ว

      When do you realize that its a bad order? Is this an order that gets rejected by a customer? Please let me know And I will be able to shed some light.

  • @owenzmortgage8273
    @owenzmortgage8273 7 หลายเดือนก่อน

    don’t just talk, PPT, show PPT not just a face. we don’t need to read the face, we need to read the PPT and BI graphic. just a you-tuber.