Cycle counting is a process that audits inventory management. A small subset of inventory is counted regularly, and any discrepancy is thoroughly investigated. This helps to ensure accuracy in the inventory records and can help to identify any potential issues.
Cycle counting can be used as a quality control measure to help prevent errors in inventory records. It can also help to identify problems early on so that they can be corrected before they cause more significant issues. Cycle counting can help to improve the overall accuracy of the inventory records and can help to reduce losses due to inaccurate information.
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