Inventory Accuracy=(Physical CountSystem Count)×100Inventory Accuracy equals open paren the fraction with numerator Physical Count and denominator System Count end-fraction close paren cross 100
Determine where errors (like missing reported pieces) occurred. 475rar
You have more inventory than the system shows. This usually indicates an entry error where production was not fully reported. 475rar
Production is triggered only after a specific customer order is received, ensuring no excess inventory is built. 3. Follow the Problem-Solving Steps 475rar
Adjust the system count or assume a production miss-report.
You have less physical inventory, suggesting unrecorded waste or theft. 2. Identify the Production Method