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15 Inventory Record Accuracy

Welcome to Lesson 15 on the subject of Inventory Accuracy. Since you use computers to manage inventory, and since the computer only knows what you tell it, it is critical that the inventory computer records be correct. Without accurate records, the material procurement plans generated by the computer system will either be buying materials that you don’t really need, or not buying materials that you do need, as well as creating a host of other problems. Any way you look at it, low inventory accuracy is not a pretty picture.