Using the system that has yielded record accuracy rates of 95 percent or higher, this book shows companies how to overcome a basic but critical challenge--inventory record accuracy. The authors steer readers past the major pitfalls in planning and implementing a cycle-counting inventory system and explain how to manage inventory, implement new programs, and realize cost savings. The proven, innovative methods are indispensable for any inventory or production manager.
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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:
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.
ROGER B. BROOKS is a Principal of Oliver Wight Americas who consults with companies on planning and control, strategic planning, and continuous improvement. He is a popular speaker at seminars and symposia.
LARRY W. WILSON is a Principal of Oliver Wight Americas who consults to businesses on customer service, inventory reduction, and efficient inventory management. He also is a popular speaker at seminars and symposia.
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