In what way does Infor M3 manage inventory accuracy?

Infor M3 manages inventory accuracy effectively through regular scheduled counts and necessary adjustments. This approach ensures that inventory records are continuously verified and updated to reflect actual stock levels. Scheduled counts help identify discrepancies between what is recorded in the system and what is physically present in the warehouse. When discrepancies are found, adjustments can be made to correct these inaccuracies, thus maintaining a high level of inventory accuracy. Additionally, this proactive management strategy helps prevent issues related to stockouts and overstocks, which can disrupt operations and lead to financial losses.

Avoiding cycle counting would not contribute to inventory accuracy, as regular counting is fundamental for identifying errors and ensuring that the inventory records are reliable. Reporting solely to suppliers would focus on one aspect of the supply chain without addressing the internal accuracy of inventory. Similarly, relying exclusively on outside auditors would not facilitate a continuous and responsive inventory management process. Regular counts and adjustments, therefore, represent a comprehensive strategy to maintain and enhance inventory accuracy within the Infor M3 system.