Calculate ABC Codes

We do cycle counting on a daily basis and run calculate ABC codes before
every count.

-----Original Message-----
From: cmertzus [mailto:cmertz@...]
Sent: Wednesday, April 10, 2002 1:05 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Calculate ABC Codes


Just out of curiousity...are there any inventory people out there who
are cycle counting inventory on a regular basis. If you do....how
often are you using the calculate ABC Codes? (before every count,
weekly, monthly, etc.?)



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Just out of curiousity...are there any inventory people out there who
are cycle counting inventory on a regular basis. If you do....how
often are you using the calculate ABC Codes? (before every count,
weekly, monthly, etc.?)
We made an arbitrary decision based on the number of parts in our inventory
and it's value, that we would calculate ABC codes quarterly (at a minimum)
or every other month depending on activity. We have only about 3000 parts
in our part master, it takes 5-7 minutes to run the calculate function.
Been using cycle counting for 3 years+ and it is now a well-oiled machine.
We did audits every month the first year to account for "what happened to
make this count incorrect", plugged a lot of holes in our process.

Accounting dept. and CPA firm are happy, we pass CPA audit once a year, ISO
twice a year, don't have to shut down to count! Works great.

Lydia


-----Original Message-----
From: cmertzus [mailto:cmertz@...]
Sent: Wednesday, April 10, 2002 11:05 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Calculate ABC Codes

Just out of curiousity...are there any inventory people out there who
are cycle counting inventory on a regular basis. If you do....how
often are you using the calculate ABC Codes? (before every count,
weekly, monthly, etc.?)



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/