Why most company stocks check do not hit KPI accuracy? – reasons | kpi | checks
Why most company stocks check do not hit KPI accuracy?
There are several reasons why most company stock checks do not hit KPI accuracy:
1. Human error: Stock checks rely on manual counting, which is prone to human error. This can be due to misinterpreting labels, counting inaccurately, or simply forgetting to count certain items.
2. Complex inventory systems: Many companies have complex inventory systems that are difficult to navigate and understand, which can lead to errors in stock checks.
3. Inaccurate data: If the data used in the stock check is incorrect, it is unlikely that the KPI accuracy will be met. This can be due to outdated or incorrect data in the inventory system.
4. Stock loss: Stock can be lost due to theft, damage, or expiration, which can affect the accuracy of stock checks.
5. Inefficient processes: Poorly designed or inefficient processes can also lead to errors in stock checks. For example, if there is a lack of clear procedures or training, it is more likely that mistakes will be made.