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$199.00 per person
$189.00 for 4 or more

In Best Practices for Managing Inventories and Cycle Counts, you'll learn...

  • How to use specific techniques that will actually improve speed and accuracy when counting inventory
  • How to prepare for the count using time-saving tools, formulas and checklists—available only here!
  • How to create a location system so precise, you’ll be able to pinpoint even the smallest units—instantly
  • To never take another physical inventory—learn how cycle counts can work for you
  • And much more!

A thoroughly up-to-date, one-day workshop that will help you run smooth and accurate inventories … improve record accuracy … and eliminate write-offs, shortages, rush orders and other profitability killers.

    SkillPath Training Information

    SkillPath Seminars offers the following course: Best Practices for Managing Inventories and Cycle Counts

    Click on the link below for more information.

    Program hours: 9:00 am – 4:00 pm

    Click on a session title to view details
    Session 1: Take a close look at your existing system+
    • How to reduce forecasting errors—it’s easier than you think
    • Know your inventory system’s strengths—and weaknesses
    • Go paperless! Learn about electronic systems you can trust
    • Questions to ask yourself before implementing JIT
    • Learn the characteristics all successful inventory record-keeping systems have in common
    Session 2: Planning—the key to an error-free count+
    • The pros and cons of blind counts
    • The absolute best ways to speed up cycle counts
    • When using multiple-count approaches makes sense
    • Checklists that will save you time and headaches
    • Clutter, lack of organization, trash—clean up your “house” before the count
    • Designing a simple and consistent location system
    • Getting around the problems involved with count tags
    • The best time to cycle count—and why
    • Dealing with multiple storage locations and the headaches they cause
    • How often should you count? Now it’s easy to decide
    • Selecting which items to count (Hint: Remember your goal)
    Session 3: Set up and run your cycle count program+
    • Will cycle counting solve your problems?
    • ABC vs. Geographic: Which classification method is best?
    • How the 80/20 rule applies to your inventory
    • Never take another physical inventory—find out how
    • Know your cycle-counting methods—and their drawbacks
    • Pitfalls to avoid when ranking product
    • The basic steps in a smooth, stress-free and accurate cycle count
    Session 4: Conduct headache-free physical inventories+
    • Dealing with the challenge of WIP inventory
    • Overcome your biggest stressors when conducting a wall-to-wall inventory
    • Get a firm grip on internal tracking with pallet tags
    • Thinking about hiring an outside firm to count your inventory? Here’s advice you can use
    • The unique accuracy issues surrounding in-transit quantities
    • The only way to deal with substitutions
    • Reporting: How to keep others—especially higher-ups—informed of your progress
    Session 5: Manage people issues +
    • How to not get caught off guard by the auditors
    • Training employees on how to do counts the right way
    • The most effective people to designate as cycle counters
    • Down with employee theft! Ways to beef up security now
    • Tips for getting employees involved and thinking like a team
    • Lack of concentration—are your counters guilty?
    • Minimizing the things that cause the most stress on count day
    Session 6: Troubleshoot and overcome challenges+
    • Resolving inaccuracies: Look at these 5 areas first
    • Tighten record-keeping procedures—and get other departments to adhere to them
    • How to know when a re-count is necessary
    • Evaluating and reconciling variances
    • Where did it go? Handling lost inventory
    • Understanding errors—the neglected first step in reducing them
    • Be aware of the potential negative effects of adjustments
    • What should your accuracy be? A simple way to answer an important question


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