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Is 100% IRA possible in stock control?

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Question added by Binaya Nagarkoti
Date Posted: 2016/01/01

First and foremost, let me share the meaning of "IRA", it means Inventory Record Accuracy.

Yes i think so, it is possible, provided that all the people involve in maintaining the records are responsible enough in doing their job correctly.  It is just a matter of maintaining a reliable record of the actual "INS" and "OUTS" for every transactions dealing with stocks/inventory.  The "Do it Right, the First Time Policy" should always be in effect so as to achieve an effective IRA.  

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