Cycle Counts, Paper360º November/December 2025
Counting inventory on a rotation, or “cycle,” through the year is the easiest way
to handle stock inventories, especially for large quantities of parts. This procedure
verifies that the amount of parts indicated in the CMMS equals the amount on hand.
IDCON Inc. uses the term Inventory Record Accuracy (IRA). Our method involves
a reliability approach for this accounting procedure. Inventory Record Accuracy
determines:
TAPPI
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