What are some common mistakes in inventory audits?
Some common mistakes include inaccurate counting, not reconciling discrepancies, and failing to update records.
How can I avoid these mistakes during an audit?
To avoid mistakes, ensure thorough training for staff, use technology for tracking, and conduct regular reconciliations.
What technology can help with inventory audits?
Technologies like barcode scanners, RFID systems, and inventory management software can greatly enhance accuracy.
Is it important to have a schedule for audits?
Yes, having a regular audit schedule helps maintain accuracy and accountability in inventory management.
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