Definition of «inventory accuracy»

"Inventory accuracy" refers to how well a company's recorded inventory matches the actual physical inventory it has on hand. It measures the correctness and reliability of inventory data in terms of quantity and location.

Sentences with «inventory accuracy»

  • Complete customer cycle counts for shipment issues and report inventory accuracy and cycle count accuracy to the executive team for review. (livecareer.com)
  • Assisted in maintaining inventory accuracy at a percentage rate of 99.1 % and ensured that charge backs were kept very minimum frequency of occurrence. (jobhero.com)
  • Controlled receiving and distribution of merchandize to assure inventory accuracy in compliance with established company policies and standards. (resume-now.com)
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