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Operating procedures in place for proper inventory control

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Reference no: EM132390987

Your company currently does not have standard operating procedures in place for proper inventory control.

Explain how each of the following can erode the bottom line:

Cycle counts

ABC items

Damages

Overages

Shortages

Be sure to outline the processes that should be put in place to avoid losses on each.

Reference no: EM132390987

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