Inventory accuracy is a critical and highly sensitive area affecting
retailers, and it has a significant impact on
increasing levels of customer service, reducing costs, and enhancing
productivity. Stock counts are one of the main tools retailers have to ensure their perpetual inventory is accurate. Oracle Retail has published two new documents on My Oracle Support (https://support.oracle.com) that provide partners and retailers with deeper functional information about stock counts in Oracle Retail Merchandising System (RMS) and in Oracle Retail Store Inventory Management (SIM).
This document provides an overview of the primary functions and features of the Stock Count module in Oracle Retail Management System (RMS) as well as an overview of the integration of this module with Oracle Retail Store Inventory Management (SIM) and Oracle Retail Warehouse Management System (RWMS). This white paper covers numerous topics around stock counts including:
All stock counts in SIM follow a similar process flow. The
general process of taking a stock count begins with the setting up of a product group (with the exception of Ad Hoc stock counts). When a product group is created, it
can be named in any way that is meaningful to the user. A group can be a
way to logically group the items, such as by department or a specific section
of a store. After the product group is set up, the user must schedule the stock
count. When the schedule date is reached, the stock count appears on the Stock
Count List screen. The user can then perform the stock count.
Topics in this White Paper include the following: