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Inventory record accuracy
Track how often system stock matches the shelf, from cycle counts.
Operations & supply chainLogistics & supply chainRetail & ecommerceManufacturing & IoT
How it's worked out
- Accuracy = locations matched ÷ locations counted. Value accuracy = 1 − |differences| ÷ book value
- Tolerance agreed in advance
NoteCount by location, not by total: totals hide errors that cancel out and still cause failed picks.
Source: APICS / ASCM inventory record accuracy definition
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