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Stock-taking or "inventory checking" or "wall-to-wall" is the physical verification of the quantities and condition of items held in an inventory or warehouse. This may be done to provide an audit of existing stock. It is also the source of stock discrepancy information.
Black Book is issued weekly, reflecting the latest prices direct from actual or online automobile dealers. [2] National Auto Research Inc, provides vehicle pricing. In select formats, Black Book vehicle appraisal guides are published daily, weekly, and monthly in various electronic formats, including data feeds, internet-based applications ...
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The S&OP process includes an updated forecast that leads to a sales plan, production plan, inventory plan, customer lead time (backlog) plan, new product development plan, strategic initiative plan, and resulting financial plan. Plan frequency and planning horizon depend on the specifics of the context. [1]
Historical data for all accounts are retained indefinitely, and can be viewed on a yearly, monthly, quarterly, biweekly, weekly or daily basis. All changes to a set of books are recorded in an audit trail that is stored within the database; it can be viewed by users with access rights but cannot be modified.
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In materials management, ABC analysis is an inventory categorisation technique which divides inventory into three categories: 'A' items, with very tight control and accurate records, 'B' items, less tightly controlled and with moderate records, and 'C' items, with the simplest controls possible and minimal records.
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