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True or False: In Cycle Counting: Depending on their importance, some items are counted frequently throughout the year while others are not?

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Question added by Hany Helmy Haleem , Director of Warehouses , Nasco Automotive
Date Posted: 2015/03/11
Hany Helmy Haleem
by Hany Helmy Haleem , Director of Warehouses , Nasco Automotive

True..

 Cycle Counting

 A system of counting inventory continually throughout the year.

 The idea is to count selected items each day.

The number of times an item is counted in a year is referred to as its count frequency.

 Ideally the frequency increases as the number of transactions increases (more chance of error) and as the value of the item increases.

Best Regards

 

 

 

 

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

True <<<<<<<<<<<<<<<Answer<<<<<<<<<<<<<<<<

Jeffery Connally
by Jeffery Connally , Senior Store Manager , Apparel LLC

The cycle count is done to check the accuracy of the physical inventory of the product whether it tallies with the system inventory.

Saddam Hussain
by Saddam Hussain , Engineer, Draughtsman , Afridi Consultant

Converting the line of Drawing from Drawing to Land is called Layout

Aisha  ssegujja  Nassozi
by Aisha ssegujja Nassozi , team leader , kidham

DEVELOP A SHORT TERM PLAN AND START IMPLEMENTING IT

MOHAMMAD ISHAQ
by MOHAMMAD ISHAQ , STORE KEEPER , H-MART home improvement center( SOUTH AFRICA )

SOME ITEM FREQUENTLY COUNTED ON MONTHLY BASIS. JUST LIKE INVENTORY

COMES AS  ( FIFO ) METHOD. OTHE WISE YEARLY COUNT IT.

Muhammad  Ashfaq
by Muhammad Ashfaq , Purchasing Supervisor , Pakistan Navy

False. Cylcle counting is counting of all items in inventory

SHANKAR SINGH NEGI NEGI
by SHANKAR SINGH NEGI NEGI , WARE HOUSE INCHARGE , MORAL GROUP OF COMPANIES

Fast moving product counting in every cycle because some mistake can takes place in distpatching but non or slow moving product are not necessary to count in every cycle because they are slowmoving product.

Parthi Parthiban
by Parthi Parthiban , Design Engineer , AMSI Technologies

collect and analysing all the details regarding the companies performance. encouraging the workers with inspiring words and moves with gifts will implement a short term goal to recover immedietly

Abdou warshan
by Abdou warshan , • مدير إدارة المخازن والنقل , شركة تمكين الدولية للأجهزة المنزلية

True is the right answer         '

True...Fast moving items should be counted frequently whenever its required.

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