How often should cycle counts be performed?

Cycle counts should be performed whenever the system prompts or there is a discrepancy because this approach allows for more immediate identification and resolution of inventory issues. Cycle counting is a method of inventory management where a portion of the inventory is counted on a rotating schedule throughout the year, rather than performing a full physical inventory count at once.

This strategy helps maintain accurate inventory records and can be triggered by various factors, such as system alerts indicating discrepancies between recorded stock and actual stock. By addressing these discrepancies as they arise, a pharmacy can ensure that inventory levels are accurate, which is crucial for effective medication management, compliance with regulations, and overall operational efficiency.

Other frequencies, such as daily, weekly, or monthly counts, could potentially lead to inefficiencies or not address discrepancies in a timely manner. For instance, counting daily may not be practical for many operations, while monthly counts may delay the recognition of issues. Therefore, performing cycle counts in response to system prompts and discrepancies balances both accuracy and efficiency.