Periodic and cycle counts of inventory have become accepted standards for ensuring physical inventory data reliability at
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Question:
Periodic and cycle counts of inventory have become accepted standards for ensuring physical inventory data reliability at the warehouse.
1. What are the differences of the two count systems?
2. Discuss options and activities (outside of physical counts) that warehouses can adopt to ensure accurate inventories are maintained at all times.
3. What are some causes of data discrepancies between physical counts and data stored on computers?
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