Tag: Physical Count
Protected: Internal Audit Perspective From Internal Auditors for Inventory Audit
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Inventory nightmares– 8 transactions that Cause them & 1 tip to completely solve them with proper Inventory Accuracy
Inventory Accuracy RIIIING… RIIIIIING… Your eyes pop open with a wince of agitation as your wife’s fist withdraws from your shoulder. “Shut that thing off or answer it…” she crankily croaks as she rolls back onto her side to drift back off to sleep. You look at the clock face of the […]
10 Practices To Improve Inventory Accuracy In The Oil & Gas Industry
In today’s economic climate, most leaders recognize that effective inventory management will result in significant cost savings and is a barometer of corporate health. A key component is ensuring that on-hand inventory is kept accurate, along with processes to determine the root cause of those variances and clear plans […]