Cycle Counting
Inventory ManagementCycle counting is an inventory verification method where a subset of inventory is counted regularly (weekly, daily, or continuous) rather than conducting a full physical inventory once per year. Cycle counts maintain inventory accuracy, identify discrepancies quickly, and reduce the need for lengthy year-end shutdowns. Modern WMS systems integrate cycle counting workflows, assign items by variance risk, and track count adjustments. Regular cycle counting is critical for maintaining data integrity.
Related Terms
WMS (Warehouse Management System)
A Warehouse Management System (WMS) is software that controls and optimizes warehouse operations including inventory tracking, picking, packing, shipping, and receiving.
SKU (Stock Keeping Unit)
A Stock Keeping Unit (SKU) is a unique alphanumeric code assigned to each distinct product or variant in inventory.