cycle counting final
TRANSCRIPT
Agenda Introduction Functional Flow Setup Demonstration Troubleshooting Diagnostic Scripts Q & A
1
Business ConceptIntroduction To Cycle Counting
Cycle counting is the periodic counting of individual items throughout the course of the year to ensure the accuracy of inventory quantities and values.
Accurate system on-hand quantities are essential for managing supply and demand, maintaining high service levels, and planning production.
Oracle Inventory is capable of managing the stock taking (counting) in two ways.
The two ways are 1. Cycle counting2. Physical Inventory
You can perform cycle counting instead of taking complete physical inventories.
Cycle Counting Will be performed on regular
intervals Ability to classify items into
ABC ranks Counting By internal Team No Tags Automates periodic cycle
counting Allows approval control
Difference between Cycle counting and Physical Inventory
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Physical Inventory• Will be performed once in 6 months or
Year end• For all Items in the Organization• Counting By an External Team• Tags will be generated • Manual and Year end Process• No Approval Control
ABC Analysis Functional Flow
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Assign items to ABC classes
Define ABC compile (One Time)
Define ABC group(One Time)
INVINV
INV
Update class assignments/Assign new partINV
Run ABC compile
INV
Run ABC Descending Value Report & ReviewINV
Assign compile and classes to Assignment Group (One Time)INV
Cost Accountant
Manufacturing
Start
End
Cycle Counting Functional Flow
5
5
Perform a Physical Count
Manual
Define CountParameters(One Time)
INV
Inventory Adjustment made
INV
ABC Classification Process(One Time + Maintenance)INV
Enter thePhysical Count
INV/WMS
Run cycle Counting Listing Report
INV
Cost Accountant Manufacturing
Is Discrepancy within specified tolerances
Refresh cycle count items from ABC group(Maintenance)
INV
Yes
Approve Adjustments
INV
NoPerform a Recount
Manual
Is Discrepancy within specified tolerances
Enter thePhysical Count
INV/WMS NoYes
Reconciliation clears discrepancy
No
Yes
RejectAdjustments
INV
No Inventory Adjustment made
INVSystem
Start
End
ABC Analysis Define Items Define ABC Compile Define ABC Classes Define ABC Group and assign compile, Classes and assign Items to ABC Classes
Cycle Counting Define Cycle Counting Associate ABC Group to Cycle Count Load ABC Items
Setup & Configuration
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Inventory > Items > Master Items Define ItemSetup
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ABC Compile Define ABC CompileSetup (Continued...)
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Define ABC Assignment Group and Assign Compile Name Setup (Continued...)
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ABC Assignment Group
Define ABC Classes and Assignment Items to ClassesSetup (Continued...)
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ABC Classes
Assign Items to ABC Assignment Group
Cycle Count Setup (Continued...)
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Cycle Count Setup (Continued...)
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Cycle Count Setup (Continued...)
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Entering count frequencies in Cycle Count
Setup (Continued...)
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Perform Full Cycle Count• Generate Automatic Schedule Requests• Generate Cycle Count Requests• Cycle Count Listing
Count items• Record physical quantity
Approve & Update• Approve cycle counts • Request recount • Save & Update inventory
Count process
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Tables AffectedTroubleshooting Diagnostic Scripts
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Name UsageMTL_ABC_COMPILE_HEADERS, MTL_ABC_COMPILES
Contains ABC Compile information
MTL_ABC_ASSIGNMENT_GROUPS Contains the ABC Assignment Group informationMTL_ABC_ASSGN_GROUP_CLASSES Contains the ABC Classes information which are assigned to
the ABC GroupMTL_CYCLE_COUNT_HEADERS When Cycle count is created it will have Header InformationMTL_CYCLE_COUNT_CLASSES It will contain the Cycle count Classes InformationMTL_CYCLE_COUNT_ITEMS It will contain the Items which are assigned to Cycle countMTL_CYCLE_COUNT_ENTRIES It will contain the information when an item is picked for
counting
MTL_CC_SCHEDULE_REQUESTS It will contain the Cycle Count scheduled request date for the Items which are assigned to the Cycle Count
Note: For Cycle count task, there wont be any record in MMTT, because this is not allocating material.