Praise for INVENTORY RECORD ACCURACY "e;This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems."e; -Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation "e;Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy."e; -John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems "e;Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach."e; -Adrian R. Barrett, 6 Sigma Master Black Belt Caterpillar, Inc. "e;Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers."e; -Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia

Praise for INVENTORY RECORD ACCURACY"This updated version of Inventory Record Accuracy preserves itshumorous and easy-to-read style. Supply chain practitioners, intraditional or lean manufacturing, will find it a helpful guide.Cleverly outlined, the rigorous yet simple process for both on-handand on-order inventory provides accuracy levels required forreal-time data systems."Maria Teodorovic, Quality Systems Manager WeyerhaeuserCorporation"Inventory Record Accuracy is truly a practitioner's guide. Thebook's collection of anecdotes provides real-life insight into thepotential challenges of achieving IRA, and the combination of aneasy-to-read text and simple drawings makes this book an easy roadmap to follow on the proven path to higher inventory recordaccuracy."John Dietz, Director, Manufacturing Resource Planning LockheedMartin Space Systems"Brooks and Wilson are the experts on inventory record accuracy.Inventory Record Accuracy goes right to the core of the issueswithout a lot of soft-soaping. Every materials manager, stockroommanager, and cycle counting supervisor should have a copy withinarm's reach."Adrian R. Barrett, 6 Sigma Master Black Belt CaterpillarInc."Excellent coverage of a fundamentally important topic. By far, thebest book on the subject I've ever read. The three-phase approachto inventory record accuracy should be required reading for allmanufacturing managers."Edward W. Davis, Professor of Business AdministrationThe DardenSchool, University of Virginia

Acknowledgments xiiiIntroduction xvChapter 1 The Company Bank 1Chapter 2 Tolerances and Measures of Accuracy 9Chapter 3 The Three-Phase Approach to Inventory Record Accuracy 29Chapter 4 Phase I--Design and Preparation: Getting the System Right 35Chapter 5 Phase I--Design and Preparation: The Physical Stockroom 61Chapter 6 Phase II: Establishing Initial Balances 93Chapter 7 Phase III: Cycle Counting 109Chapter 8 Inventory Record Accuracy in a Lean Environment 143Chapter 9 Accountability 163Chapter 10 Looking Back and Looking Forward 171Glossary 175Index 179