How is cycle count done? What is the period of ideal cycle count

Question

Accepted Answer

Cycle count is a method of inventory auditing where a small subset of inventory is counted on a regular basis to ensure accuracy.

Cycle count involves counting a small portion of inventory on a regular basis, rather than doing a full physical inventory count all at once.
The period of ideal cycle count can vary depending on the size and nature of the inventory, but it is typically done daily, weekly, or monthly.
The frequency of cycle counts should be determined based on the criticality and value of the items being counted.
Cycle count helps in identifying and correcting discrepancies in inventory levels, reducing the need for large-scale physical counts.
For example, a retail store might do daily cycle counts on high-value items and weekly cycle counts on lower-value items.

Popular interview questions of Operation Supervisor