Inventory Record Accuracy
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Inventory Record Accuracy : Unleashing the Power of Cycle Counting

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Praise for INVENTORY RECORD ACCURACY "This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems." -Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation "Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy." -John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems "Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach." -Adrian R.
Barrett, 6 Sigma Master Black Belt Caterpillar, Inc. "Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers." -Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia
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Product details

  • Hardback | 208 pages
  • 166 x 243 x 19mm | 542g
  • John Wiley & Sons Ltd
  • Chichester, United Kingdom
  • English
  • 2nd Edition
  • 0470008601
  • 9780470008607
  • 1,341,866

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Updated to cover the latest tools and techniques in Cycle Counting, Inventory Record Accuracy, Second Edition covers all the developments in the discipline since this book was first published in 1995. This classic text has helped thousands of companies dramatically improve their inventory accuracy and it will help your business do the same.



Written by leading consultants and Principals of Oliver Wight Americas, Inventory Record Accuracy, Second Edition covers everything you need to know to manage inventory in an economy that demands lean and flexible production processes. For accuracy, efficiency, and higher profits, this is the go-to guide for your inventory management needs.



This new edition brings you up to date on inventory control with thorough coverage of new topics such as RFID, supplier/vendor-managed inventory, inventory record accuracy in lean or agile environments, error sleuthing in Cycle Counting, and much more. Plus, the book covers all the basics from the first edition, including how to:

Evaluate your current inventory system to identify areas for improvement

Design and manage the implementation of Cycle Counting



ffectively improve inventory management at single or multiple facilities



Eliminate time-consuming physical inventories



Empower work groups to facilitate the use of Cycle Counting



Coordinate the use of Cycle Counting with Lean or MRP II



Apply Cycle Counting concepts in a process industry setting



Develop important operating procedures to ensure optimal inventory accuracy over the long term



Totally up to date and more thorough than ever, Inventory Record Accuracy, Second Edition shows you how to unleash the power of Cycle Counting and experience the benefits of dramatically improved inventory record accuracy.
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Back cover copy

Praise for INVENTORY RECORD ACCURACY



"This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems."
--Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation



"Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy."
--John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems



"Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach."
--Adrian R. Barrett, 6 Sigma Master Black Belt Caterpillar, Inc.



"Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers."
--Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia
show more

Table of contents

Introduction. Chapter 1. The Company Bank. Chapter 2. Tolerances And Measures Of Accuracy. Chapter 3. The Three-Phase Approach To Inventory Record Accuracy. Chapter 4. Phase I - Design and Preparation: Getting the System Right. Chapter 5. Phase I - Design and Preparation: The Physical Stockroom. Chapter 6. Phase II: Establishing Initial Balances. Chapter 7. Phase III: Cycle Counting. Chapter 8. Inventory Record Accuracy in a Lean Environment. Chapter 9. Accountability. Chapter 10. Looking Back and Looking Forward. Glossary. Index.
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About Roger B. Brooks

ROGER B. BROOKS is a Principal of Oliver Wight Americas who consults with companies on planning and control, strategic planning, and continuous improvement. He is a popular speaker at seminars and symposia. LARRY W. WILSON is a Principal of Oliver Wight Americas who consults to businesses on customer service, inventory reduction, and efficient inventory management. He also is a popular speaker at seminars and symposia.
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Rating details

10 ratings
3.3 out of 5 stars
5 10% (1)
4 20% (2)
3 60% (6)
2 10% (1)
1 0% (0)
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