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:
“Monarchs ought to put to death the authors and instigators of war, as their sworn enemies and as dangers to their states.”
—Elizabeth I (1533–1603)
“Culture is the suggestion, from certain best thoughts, that a man has a range of affinities through which he can modulate the violence of any master-tones that have a droning preponderance in his scale, and succor him against himself. Culture redresses this imbalance, puts him among equals and superiors, revives the delicious sense of sympathy, and warns him of the dangers of solitude and repulsion.”
—Ralph Waldo Emerson (1803–1882)
“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 day’s tide of light across the floor boards of one room? What drama be as continuously absorbing as the interior one?”
—Jessamyn West (1902–1984)