Inventory Accuracy

When the on-hand quantity is equivalent to the perpetual balance (plus or minus the designated count tolerances). Often referred to as a percentage showing the variance between book inventory and actual count. This is a major performance metric for any organisation which manages large inventories. Typical minimum and best practice averages would be 95% and 99%.which manages large inventories. Typical minimum and best practice averages would be 95% and 99%.