3PL Dynamics Cycle Counting is a sampling technique for inventory where a small number of items are counted daily to determine the accuracy of the inventory records. This method is used to replace yearly physical counting of the stock at a much-reduced cost. The cycle counting in the inventory management module from the 3PL Dynamics warehouse management system allows you to confirm the available stock quickly and use this information for operations.
As your business grows, keeping a tab of inventory becomes time-consuming and complicated. This affects your organization at multiple levels, such as inaccurate inventory impacting customer fillrate service, forcing you to maintain buffer stock. Our WMS solution helps you make swift yet well-informed decisions using the cycle counting module.
Both brick-and-mortar stores and e-commerce businesses can benefit from cycle counting if:
If your organization is facing one or more of these troubles, 3PL dynamics cycle counting software can become an incredible solution. It will help you save a lot of man-hours and efforts while providing a better estimate of the in-hand stock.
Since cycle counting is a perpetual inventory control method, our experts provide a comprehensive solution that includes the following steps:
The customized WMS by 3PL Dynamics allows you to implement the following methods of executing cycle counting in inventory management:
In this method, the items with the highest consumption rate are given preference in the counting process, while slow-moving inventory is counted less frequently. This approach also known as the ABC Classification, allows you to focus on the goods that are more likely to have irregularities with minimal effort.
When using the surface area method, your warehouse is divided into small zones and allocated to the junior staff members. A supervisor is assigned to each one of them who trains them and confirms the quantities.
This approach relies on using your WMS in combination with SOPs.
If your premises hold large quantities of similar items, random sampling could be the perfect choice for you. It is carried out through either of these two methods:
Based on your requirements, our implementation experts will design appropriate processes, customize your cycle counting WMS software orientation, and train your staff.
How do you prevent your implementation from becoming a costly waste of euros, resources and time?We have brought together the most important preconditions for you in one white paper.
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