Manage Working Capital - Inventory Record Accuracy

Every business strives to manage and minimize inventory - raw materials, work in process, and finished product. Some firms periodically have a blitz to reduce inventory, smart firms have an on-going work process to make sure inventory is minimized whilst providing for excellent customer service. A key to having smart inventory levels is a continuous focus on inventory record accuracy (IRA). IRA is designed to make sure that the inventory in the warehouse is accurately represented in a firms ERP system. Well implemented, IRA can be a simple, fast process based on statistical cycle counts. Let us help you minimize your working capital with a smart inventory record accuracy work process.