As an ERP implementer, while there is huge value I bring based on my experience working in a variety of industries and across multiple modules, I still have to stay current on certifications. Oracle Cloud brings new features to market four times a year, and each client may make use of a different mix of …
To many people, par is just the target number of attempts for each hole in a game of mini golf, but to those in healthcare inventory manage, PAR means so much more. Periodic Automated Replenishment, the method of restocking the items in a PAR location, has many functions in common with Min/Max inventory management. It …
Inventory is the lifeblood of many companies, and inaccurate inventory can cripple even the most profitable supply chain. Businesses of any moderate size employ counting processes to keep the inventory accurate, usually splitting them into Physical Inventories and Cycle Counts, as separate functions. Oracle Cloud offers comprehensive tools for both, but many implementers do not …
Oracle Fusion: Cycle Counting vs. Physical Inventories Read More »
If a business isn’t currently cycle counting their inventory, then they probably have a goal of switching from a single, arduous annual Physical Inventory to the simpler Cycle Count process. Where almost all businesses fail is by focusing far more time and energy on reporting the values, and not enough on improving the processes that …