You're facing inventory discrepancies. How can you prevent waste effectively?
Inventory discrepancies in manufacturing operations can lead to significant waste, affecting both cost efficiency and productivity. This situation arises when the physical stock does not match the recorded inventory levels, a problem that can stem from various causes such as human error, theft, or poor inventory management practices. The key to preventing waste effectively is to understand the root causes of these discrepancies and implement strategic measures to address them. By doing so, you can maintain accurate inventory records, optimize stock levels, and ensure a smooth production process.