Inventory Record Accuracy: Unleashing the Power of Cycle Counting - Hardcover

Brooks, Roger B.; Wilson, Larry W.

Hardcover

ISBN 10: 0471132241 ISBN 13: 9780471132240

Publisher: Wiley, 1992

Synopsis

This trailblazing guide explains the use of Cycle Counting to demonstrate how to achieve inventory accuracy levels of 95% or more. As a result, companies can productively manage every aspect of their operation while reducing the overall levels of inventory on hand. Packed with sage advice, examples, sample reports and clear descriptions on improving an inventory system.

About this title

From the Inside Flap

Updated to cover the latest tools and techniques in Cycle Counting, Inventory Record Accuracy, Second Edition covers all the developments in the discipline since this book was first published in 1995. This classic text has helped thousands of companies dramatically improve their inventory accuracy and it will help your business do the same.

Written by leading consultants and Principals of Oliver Wight Americas, Inventory Record Accuracy, Second Edition covers everything you need to know to manage inventory in an economy that demands lean and flexible production processes. For accuracy, efficiency, and higher profits, this is the go-to guide for your inventory management needs.

This new edition brings you up to date on inventory control with thorough coverage of new topics such as RFID, supplier/vendor-managed inventory, inventory record accuracy in lean or agile environments, error sleuthing in Cycle Counting, and much more. Plus, the book covers all the basics from the first edition, including how to:

• Evaluate your current inventory system to identify areas for improvement

• Design and manage the implementation of Cycle Counting

• ffectively improve inventory management at single or multiple facilities

• Eliminate time-consuming physical inventories

• Empower work groups to facilitate the use of Cycle Counting

• Coordinate the use of Cycle Counting with Lean or MRP II

• Apply Cycle Counting concepts in a process industry setting

• Develop important operating procedures to ensure optimal inventory accuracy over the long term

Totally up to date and more thorough than ever, Inventory Record Accuracy, Second Edition shows you how to unleash the power of Cycle Counting and experience the benefits of dramatically improved inventory record accuracy.

From the Back Cover

Praise for INVENTORY RECORD ACCURACY

"This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems."
—Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation

"Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy."
—John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems

"Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach."
—Adrian R. Barrett, 6 Sigma Master Black Belt Caterpillar, Inc.

"Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers."
—Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia

Edition details

• Publisher: Wiley
• Publication date: 1992
• Language: English
• ISBN 10: 0471132241
• ISBN 13: 9780471132240
• Binding: Hardcover
• Edition number: 1
• Number of pages: 192