Cycle Counts and ABC Classes

Count a little stock often, with the most valuable items counted most.

Inventory β†’ Cycle Counts replaces the once-a-year stock take with small, regular counts.

ABC classes

Each night items are ranked by the value of stock that moves through them:

  • A β€” the items that make up the first 80% of that value. Counted every 30 days.
  • B β€” the next 15% (up to 95%). Counted every 90 days.
  • C β€” the rest. Counted every 365 days.

Items that have never been counted are always due.

Counting

Create a count from the items that are due, or pick items yourself. A blind count hides the expected quantity from the counter. Counts go submit β†’ review β†’ post: the counter submits, a reviewer checks the differences, and posting updates stock. The value of any difference is posted to the Inventory Adjustments account.

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Cycle Counts and ABC Classes β€” Inventory & Stock | Plenix Cloud Docs