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Achieving Inventory Accuracy: A Daily Guide to Sustainable Excellence

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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 manager, inventory control manager, materials manager, warehouse manager or supervisor, this book is a must-read!Key FeaturesDelineates inventory accuracy steps in a day-by-day, blow-by-blow format that you will find in no other bookExplores the relationship between consistent data accuracy and consistently high performanceShows you how to better manage your assets, gain increased utilization of an ERP system, reduce inventory levels, lower the cost of accuracy maintenance, and eliminate wall-to-wall physical inventories foreverIncludes special aids such as Gantt charts, cycle count process parameters, and process celebration points
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