ENTREPRENEURSHIP

Detailed explanation-1: -Implementing cycle counts helps companies to view the accuracy of their inventory counts as an important part of the entire business operations. It helps them to make better purchase decisions for your company. The most important reason for using cycle counting is to get an exact count of your warehouse inventory.

Detailed explanation-2: -Cycle counting, involving inventory assessment with an automated system, keeps accurate data with less chance of error because fewer items are inventoried at one time. Fewer items will be stolen from inventory if employees understand that inventory levels are accurately updated on a frequent basis.