Question: Zakaris is a supply chain analyst for a company that manages a large inventory of electronic goods. The company currently uses specific identification to track
Zakaris is a supply chain analyst for a company that manages a large inventory of electronic goods. The company currently uses specific identification to track highvalue items individually. However, due to discrepancies found during audits, he is considering integrating periodic tracking to improve accuracy and accountability.
Which of the following statements best represents the impact of integrating periodic tracking with specific identification in his inventory management system?
Implementing both periodic tracking and specific identification will reduce the workload on staff by automating inventory counts and minimizing manual intervention.
Integrating periodic tracking with specific identification will enhance accuracy in inventory management by providing regular physical verification to complement individual item tracking.
Using periodic tracking alongside specific identification will significantly increase operational costs due to the need for more frequent and detailed inventory audits.
Combining periodic tracking with specific identification will eliminate the need for detailed recordkeeping, as periodic counts will provide all necessary information.
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