What is Inventory Accuracy? Formula and Best Practices

Efex

27-07-2022 • 2 mins

Possibly the most crucial statistic for industrial processes is inventory accuracy. The business won’t be able to plan or predict, the supply chain will break down, expenses will increase, consumers will be dissatisfied, and the shop floor will have low productivity and efficiency. That’s a big impact from a straightforward measurement, whose significance is sometimes …. View detail https://blog.efex.asia/inventory-accuracy/