Cycle counting is a method of keeping track of inventory where employees count a small portion of items each day, rather than counting everything at once annually. It's like regularly checking your kitchen pantry throughout the year instead of waiting until New Year's to see what you have. Companies use this to make sure their computer records match what's actually on the shelves, catch mistakes early, and avoid shutting down operations for a full inventory count. This is a key responsibility in warehouses, retail stores, and manufacturing facilities. Other names for this activity include perpetual inventory counting or continuous inventory verification.
Implemented Cycle Counting program reducing inventory discrepancies by 45%
Trained warehouse staff on Cycle Count procedures and best practices
Managed daily Cycle Counting operations for a 500,000 sq ft warehouse
Typical job title: "Inventory Specialists"
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Q: How would you design a cycle counting program for a large warehouse with multiple product types?
Expected Answer: Should discuss creating counting schedules based on product value and movement, training programs for staff, implementing accuracy metrics, and methods for investigating and correcting discrepancies.
Q: How do you handle major inventory discrepancies discovered during cycle counts?
Expected Answer: Should explain investigation processes, root cause analysis, documentation procedures, and implementing corrective actions to prevent future discrepancies.
Q: What factors do you consider when scheduling cycle counts?
Expected Answer: Should mention product value, movement frequency, seasonal demands, staff availability, and operational impact of counting activities.
Q: How do you maintain accuracy in cycle counting when dealing with high-volume items?
Expected Answer: Should discuss double-counting procedures, using experienced counters, proper timing of counts, and verification processes.
Q: What is the basic process of performing a cycle count?
Expected Answer: Should describe the steps: getting count sheets, locating items, counting accurately, recording results, and reporting discrepancies to supervisors.
Q: Why is cycle counting important in inventory management?
Expected Answer: Should explain that it helps maintain accurate inventory records, identifies problems quickly, and eliminates need for complete warehouse shutdowns for full counts.