Cycle Counting Course Overview Introduction to Inventory Control

Cycle Counting

Course Overview • Introduction to Inventory Control • Business Considerations • Cycle Counting 2

Easy On-Boarding Key Events Transfer Work Orders Receipt Count Issues 3

Easy On-Boarding Terminology • • ABC Analysis Assay % & Grade Backflush Cycle Count Entity Inventory Status Key Item • • • Location Lot and Serial Numbers Nettable Shelf Life Site 4

Easy On-Boarding Inventory Flow Purchase Order Receipt Receiving Shipments to Customers Finished Goods Shipping Inspection Manufacturing (Work-In-Process) Stockroom 5

Easy On-Boarding Inventory Management Supplier Schedules/ Discrete PO’s PO Receipts Customer Schedules/ Discrete SOs PO Returns Components Shipments Inventory Finished Goods Customer Returns Repetitive Schedules/ Discrete WO’s Transfers Cycle Counts Physical 6

Easy On-Boarding Update Inventory Balances Receipts Purchase Order Receipts Unplanned Receipts Physical Inventory Update Backflush Receipts Inventory Transfers Cycle Counts Returns from Customers Inventory Issues Customer Shipments Informal Shipments Backflush Component Issues Purchase Order Returns Reports 7

Easy On-Boarding Inventory Control Users Receiving Clerk QAD EA SE Receive Shipments Issue Stock Transfer Stock Inventory Staff Prepare for Cycle Count Enter Cycle Count Results Prepare for Physical Inventory Enter Physical Inventory Results 8

Easy On-Boarding Related Courses Quality Management Allocations and Shipping Purchase Order Management Inventory Control Sales Order Management Work Orders Compliance Initial QAD EA SE Setup = Prerequisite Courses 9

Business Considerations 10

Easy On-Boarding Business Considerations • • Databases and Domains Entities Number of Sites and Locations Cycle Count or Physical Inventory Inspect Received Materials Lot and Serial Numbers Warehousing - Bin Numbers Compliance Module

Domains Database Domain 1 Domain 2 Entity 1 A Entity 2 A Site 1 B Site 2 B

Entities • An Entity is a business unit with financial reporting responsibility. Balance sheets and income statements are organized by entity. Entity 100 - Site A Entity 200 - Site A Entity 200 - Site B • An Entity may have as many sites as needed.

Easy On-Boarding Number of Sites and Locations 14

Easy On-Boarding Cycle Count and Physical Inventory 15

Easy On-Boarding Inspect Received Materials 16

Easy On-Boarding Lot and Serial Numbers Rx Rx 17

Easy On-Boarding Warehousing 1 2 4 3 5 6

Regulatory Attributes Module Inventory Management and Transaction Management • • Batch Control Lot Control Work Order Controlled Substance

Cycle Counting 20

Cycle Counting Process Flow 21

Cycle Count Worksheet Print 22

Cycle Count Worksheet (cont. ) 23

Cycle Count Results Entry - Initial 24

Cycle Count Results Report 25

Cycle Count Results Report (cont. ) 26

Cycle Count Results Entry - Recount 27

Cycle Count Results Report 28

Cycle Count Results Report (cont. ) 29

Questions? 30

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