Dangers
Cycle counts can introduce inventory errors if the cycle count process is poorly executed. Multiple locations per item, work in process, and lag in paperwork processing can each contribute to errors. This problem can be mitigated with correct cycle count procedures that specify not only the part number to be counted but also the location it should be in. Cycle counting is only effective in companies with a well-defined inventory control procedure and a high degree of inventory accuracy.
Read more about this topic: Cycle Count
Famous quotes containing the word dangers:
“Anyone with a real taste for solitude who indulges that taste encounters the dangers of any other drug-taker. The habit grows. You become an addict.... Absorbed in the visions of solitude, human beings are only interruptions. What voice can equal the voices of solitude? What sights equal the movement of a single days tide of light across the floor boards of one room? What drama be as continuously absorbing as the interior one?”
—Jessamyn West (19021984)
“So closely interwoven have been our lives, our purposes, and experiences that, separated, we have a feeling of incompletenessunited, such strength of self-association that no ordinary obstacles, difficulties, or dangers ever appear to us insurmountable.”
—Elizabeth Cady Stanton (18151902)
“We are willing enough to praise freedom when she is safely tucked away in the past and cannot be a nuisance. In the present, amidst dangers whose outcome we cannot foresee, we get nervous about her, and admit censorship.”
—E.M. (Edward Morgan)