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RLINV060 - Execute Inventory with Cycle-Counting Method and by Quants

RLINV060 - Execute Inventory with Cycle-Counting Method and by Quants

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Purpose

With this report, you can create the proposed quants entered in the date interval for Cycle Counting Inventory, and generate an inventory document for these.

Cycle Counting Cycle makes it possible for you to separate materails into categories (such as A, B, C...) in order to take inventory for each category separately several times throughout the year.

Prerequisites

Before implementing cycle counting, you must make the following changes to your system:

  1. Select Events -> Inventory -> Cycle Counting in the Inventory Management Implementation Guide to define the cycle counting indicators (cycle counting inventory indicators) and the number of times per year that inventory counts are to be taken for each material class.
  2. Enter the cycle counting indicator (for example, A, B, C...) into the Storage view of the material master record for each material that will be counted using the cycle counting task.
  3. Choose Activities -> Inventory -> Define types per storage type in the Warehouse Management Implementation Guide and set the Cycle counting indicator for the desired storage type.

Important: If you use cycle counting, the system will not count materials for which the cycle counting indicator in the material master has not been maintained. This means that at the end of the fiscal year some materials in the storage type might still need to be counted. This is why you should perform an annual inventory for the remaining storage bins. To do this, set the inventory indicator in the desired storage type to ST for annual inventory ( Activities -> Inventory -> Define types per storage type).

Enter the time interval in the Inventory Period field during which the inventory is to be carried out. The standard system default is seven days.

Output

The system proposes quants for inventory, and selects all quants that can be counted. If one of the quants in the bin is blocked, the storage bin is displayed with the remark blocked but it is not selected for inventory. If required, you can sort the suggested bins by date.

Note on report usage

The idea of cycle counting, that is, several material counts during the fiscal year, requires that the program is executed regularly. The frequency figure should at least be the same as the maximum number of counts, but it can be higher.

Example

Material 4711 is to be counted 12 times during the year
Material 4712 12 times
Material 4713 6 times
Material 4714 once
... ...

In this case, you could start the report 12 times and set the parameter "Inventory in time period" to an interval of one month. If counting is to take place more frequently, for example, 24 times, you can reduce the interval to two weeks. The aim is to cover the entire year.

If counting is to take place frequently, the counting is thus spread out for A-materials. For the first selection in the fiscal year, only activate material 4711 and not 4712. At the next program start, material 4712 is overdue, but material 4711 has already been inventoried , and so on.






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