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Inventory Record Accuracy

Inventory Record Accuracy
Unleashing the Power of Cycle Counting, second edition
by Roger B. Brooks and Larry W. Wilson

Up-to-date and thorough, Inventory Record Accuracy, Second Edition describes and discusses the latest tools and techniques in Cycle Counting. One new topic introduced by co-authors Roger B. Brooks and Larry W. Wilson, is Inventory Tactics versus Inventory Control, which clarifies the tactical and control issues surrounding inventory. They also describe how to establish and maintain inventory record accuracy in a Lean environment, and cover new topics such as supplier/vendor-managed inventory.
Inventory Record Accuracy book

The Second Edition features an extensive discussion on sleuthing for root cause of errors, typically a problem area for practitioners of cycle counting. Brooks and Wilson review several different situations and recommend a number of likely sleuthing activities to discover and correct the error(s). Additionally, they have significantly expanded their explanation of inventory record tolerances, and added a number of graphical displays and visuals to enhance the understanding of establishing tolerances.

Inventory Record Accuracy, Second Edition, describes in an easy-to-read format, the step-by-step approach of a successful three-phase methodology to achieve inventory record accuracy (Preparation, Calibration, and On-going Cycle Counting). Other “how-to” initiatives include:

  • Evaluating your current inventory system to identify areas for improvement;
  • Improving inventory management at single or multiple facilities;
  • Coordinating the use of Cycle Counting with Lean or MRP II; and
  • Developing important operating procedures to ensure optimal inventory accuracy over the long term.

    • Co-authors Roger Brooks and Larry Wilson are both long-term principals of Oliver Wight Americas, Inc. Roger B. Brooks consults with companies on planning and control, strategic planning and continuous improvement; and Larry W. Wilson consults to businesses on customer service, inventory reduction, and inventory management.

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