The perfect enhancement to the V5 Warehouse Management System, ‘Scheduled Cycle Counting’ allows Management to decide what and when inventory items are checked for accuracy. Confirming theoretical inventory with actual inventory is necessary to align internal systems.
Many companies check all their inventory or a periodic basis, whether it’s daily, weekly, monthly or annually to achieve financial accuracy.
Cycle Counting (or Stock Taking) allows management to understand what’s physically on hand, what the systems have on hand and where the discrepancies exist between the two systems.
Scheduled Cycle Counting
V5 is a unique warehousing system because it considers all received inventory (Bags, bulk etc), then automatically reduces it (perpetual inventory) using scales & meters commonly used in production for batching (See Formula Control for details). Automatically driving down inventory levels from production is the most efficient method of managing inventory and ensuring accurate and validated traceability.
The problem with traditional cycle counting is that it takes to much time to physically do it. Operators are typically instructed to check all inventory items, regardless of whether it’s been used in production or not since the last time the item was checked. Inventory labels can be auto printed to detail where items have been adjusted, stating the reason as in the example below.
V5 Cycle Count uses a sophisticated algorithm to help managers schedule cycle counting based on what’s been used in production since the last cycle count and which are the most expensive items on hand. V5 Cycle Count ensure each inventory item is counted at lease once a quarter (or whichever period you define) to fulfill GMP requirements. In other words, you are only checking what’s important and likely to have discrepancies.
The Result – Fewer Inventory Errors, Less Cycle Counting = Increased Profitability
ERP & Accounting Integration
V5 Cycle Count features a very user friendly and simple to use interface. The software runs on Windows 10 wireless tablet computers which utilize barcode readers to make the tasks faster and more reliable. It can also run on desktop PC’s or Industrial Terminals depending on your environmental requirements.
Typically V5 Cycle Count software exchanges data with existing ERP or Accounting Systems in real time, as such systems are not normally operator friendly and expose management to risk by exposing such systems to the shop floor. In a normal implementation, V5 Gateway exchanges data on purchase orders, sales orders, item masters, stock locations (rack, rows, bins aisles, proximity etc), allergens and even cycle counting schedules. V5 Gateway then handles these functions safely and returns updates to the ERP System in real time.
Cycle Counting Reporting
Any Cycle Counting that takes place will allow the user to generate a report on the activity. The Cycle Count Report details all inventory items with their respective lots, together with their previous value and new updated values. ‘Reasons’ are captured for the adjustments (which are management defined). Costing data allows management to see the new adjusted values and any positive or negative gains. Hyperlinked lots allow forward traceability reporting of any cycle counted lot to allow management to see exactly where in production the lots have been used.
With SG we can track the path of our product through all production, processing and distribution stages right to the end consumer.
Scott Baker, 5 Generation Bakers
SG System’s recipe control has played a big role in managing our product quality which has definitely helped our growth
Mike Prasek, Prasek’s Hillje Smokehouse
The (Production Management and Recipe Formulation) process is now more secure and dependable. Thanks a lot for the implementation!
Ricardo Hernández, Nestle
Truly a great system to gain full insight of your business and make decisions in a timely manner.
Anthony Pariti, Always Bagels
We no longer need to keystroke the handwritten batch logs into Quickbooks. We’ve seen the benefits!
Eldad Jungreis, Sunflower Kitchen
The system guarantees a reduction in the waste caused by a conventional scale system
Lenny Tyc, Northeast Foods
With the waste now eliminated, dollars are saved
Dave Harris, Original Bagel Company
The System provides total control over our production process and gives us 100% Traceability - Absolutely brilliant
Gareth Franks, Dominos Pizza
Tolerances on the scale system removed ingredient over weighing and improved our batch consistency
Michael Calise, Calise & Sons Bakery
Matrix Controls Company, Inc.
330 Elizabeth Avenue, Somerset NJ 08873
Phone: (732) 469-5551Email: firstname.lastname@example.org