Statistical evidence suggests that more than 50% of businesses allow
their inventory accuracy records to flounder below acceptable,
cost-effective levels. Yet inventory accuracy is one of the most
effective methods for minimizing unnecessary costs to an organization
and one of the easiest process improvements to accomplish if the right
approach is followed. This step-by-step guide to achieving inventory
record accuracy in a manufacturing, retail, or distribution facility
will help you dramatically reduce the variability and cost caused by
inaccurate inventory balance data. Starting at day one, leading expert
Donald Sheldon outlines the elements of procedure and discipline
necessary to achieve sustainable high levels of inventory record
accuracy. The result is Class A 95%+ perfect inventory balances in 120
days with minimal cycle counting required for ongoing maintenance. A
robust inventory accuracy control process is not expensive or technology
dependent. Bar code technology and steel fencing will not make accuracy
a reality, but focusing on consistency and discipline will. If you are a
plant manager, inventory control manager, materials manager, warehouse
manager or supervisor, this book is a must-read!