Inventory Management – Cycle Counting Process

Overview

Purpose:

The purpose of the Cycle Counting course is to impart the necessary skills that help improve inventory accuracy by designing and operating a cycle counting process for manufacturing and warehousing operations.

Scope:

In this course, you will find detailed explanations of the concepts, formulas and calculations related to determining and maintaining a cycle counting process.

Benefits

Upon completion of the Cycle Counting training, students will be able to apply the related principles to identify the gaps in inventory accuracy, classify inventory items into the standard ABC Classification, and establish the cycle counting process.

Features

Below are some of the main features of this course:

• Online delivery
• Flexible schedule
• Affordable cost
• Relevant content

Target Audience

The Cycle Counting course is intended for supply chain professionals, especially those dealing with materials requirement planning (MRP), since inventory accuracy is the key to reliable planning and customer service.

Course Content

The Inventory Management – Cycle Counting Process course has been developed following the ADDIE methodology of curriculum development. BRASI’s Programme Advisory Group (BRASI PAG) is responsible for the development, assessment, and continuous improvement of BRASI’s training programmes, following the guidelines contained in the standard ASTM E-2659.

The Cycle Counting course provides fundamental knowledge in the key areas of cycle counting, including the following:

• Understanding the ABC Classification of inventory for prioritisation
• Learning how to run a process for periodic cycle counting to ensure inventory accuracy on an ongoing basis
• Gaining knowledge about the steps involved in cycle counting
• Understanding the usage of cycle counting in supply chain management
• Learning about the inventory cycle count policy
• Understanding the importance of balancing safety stock
• Gaining knowledge on how to perform cycle counting
• Learning about the discrepancy resolution methods in cycle counting
• Understanding the benefits and challenges of cycle counting
• Studying case studies related to cycle counting
• Gaining knowledge about the role of technology in improving inventory accuracy

Schedule

Inventory Management – Cycle Counting Process is a self-paced online training course and can be started at any time.

Delivery Mode

Students would gain 24/7 online access to self-paced learning modules and tests through the BRASI Learning Management System.

Learning Resources:

• Online interactive training modules
• Downloadable content
• Print-ready handbooks
• Examples, exercise files and a quiz for each module

Note: Live Q&A sessions are held to answer any specific questions and explain key concepts as needed. Participation in the Q&A sessions is optional and is not taken into account for the passing score.

Additional Info

Assessment

Students would be required to take a final assessment after completing the course review.

Certification

In order to receive the certificate for this course students must obtain a minimum score of 70% in the final assessment. Certificates for all of the BRASI courses are issued centrally by BRASI and are downloadable.

Each BRASI certificate carries a unique ID for verification, and is valid for life.

Note: A Cycle Counting certificate holder has a deep understanding of the principles involved in maintaining inventory accuracy to support the materials planning and customer service functions.

Registration

Step 1: Students are required to create a free user account on the BRASI web site (no payment information is needed to create the account).

Step 2: Select the course(s) you would like to sign up for from the courses page (you can get more details about each course from this page)

Step 3: Proceed to checkout and be sure to enter the CTS College discount code BRASI-CTS to get 10% off (acceptable modes of payment include major credit cards and PayPal)

Note: The course is designed to be completed within three months. However, extensions are allowed upon request.

Fees & Payment

The course fee is posted on the BRASI website and is subject to change without notice. Cancellation is allowed within three days from the date of access to the course. Full refund is made within one week of cancellation.

Registration for BRASI courses can be done directly on the BRASI website. Training is conducted utilising BRASI online learning management system, and the certificate is issued by BRASI.

Coupon Code

Use this code to get 10% off: BRASI-CTS

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Student Support

Please contact Brasi if you require any further information or support.