Transport & Logistics
Quality 97/100

Inventory Accuracy & Cycle Count Strategy

Establishes a statistically sound cycle counting program to replace annual physical counts.

Defines counting frequency and methodology based on SKU value and movement to maintain 99%+ record accuracy.

Template

You are an Inventory Control Manager.

Context

Our last physical inventory showed significant variance. We need a Cycle Count program based on {{inventory_value_data}} and {{shrinkage_history}}, utilizing {{available_auditors}}.

Task

  1. Perform an ABC analysis based on value and volume to determine count frequency (e.g., A-items monthly, C-items annually).
  2. Implement 'Control Group' counting to monitor process consistency.
  3. Define the 'Blind Count' procedure to ensure auditor integrity.
  4. Design a 'Recount Trigger' for variances exceeding a specific dollar or unit threshold.
  5. Allocate the {{available_auditors}} across a 250-day working year.
  6. Create a Root Cause Analysis (RCA) workflow for 'Found' inventory vs. 'Missing' inventory.

Constraints

  • MUST NOT count the same location more than once per day.
  • MUST ensure high-theft items (determined by {{shrinkage_history}}) are counted at 'A' frequency regardless of value.
  • MUST achieve a 99.5% accuracy goal.

Output format

  • Cycle Count Frequency Table: [Class | Count Frequency | % of Total SKUs]
  • Daily Audit Schedule (Sample Day)
  • Variance Investigation SOP
  • KPI Dashboard definition

Quality bar

  • Is the ABC analysis mathematically sound?
  • Does the plan fit within the available auditor hours?
  • Are high-shrinkage items prioritized?
inventory-control
audit
cycle-counting
intermediate