INVENTORY ACCURACY Clause Samples

The INVENTORY ACCURACY clause establishes the standards and responsibilities for ensuring that inventory records match the actual physical stock. Typically, this clause requires regular inventory counts, reconciliation of discrepancies, and prompt reporting of any variances between recorded and actual inventory levels. Its core function is to maintain reliable inventory data, which helps prevent losses, supports efficient operations, and reduces the risk of disputes between parties over stock levels.
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INVENTORY ACCURACY. The Contractor's performance level with respect to inventory control and accuracy shall be determined in accordance with Customer's proprietary order and inventory management system.
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INVENTORY ACCURACY. Maintain 100% inventory accuracy. Differences greater than * between book and physical inventories found during cycle counting must be * reported, explained and adjusted.
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INVENTORY ACCURACY. 69 SUPPORTING METRICS -RELEASE PERFORMANCE................................... 70 POST HANDOFF/RTM ECNS.................................................. 71 PROOF CYCLE TIME (COURSEWARE).......................................... ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ TO ORDERABILITY (COURSEWARE)............................. 73 SUPPORTING METRICS -MANUFACTURING PERFORMANCE............................. 74 SHIPPED COMPLETE X DAYS LATE........................................... 75 MANUFACTURING CYCLE TIME -SUBSCRIPTION/MONTHLY MAILER.................. 76 MANUFACTURING CYCLE TIME -ONE-OFF OR WELCOME KIT....................... 77 SUPPORTING METRICS - MANUFACTURING VOLUMES................................ 78
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Related to INVENTORY ACCURACY

  • Merchantable Inventory All Inventory is in all material respects of good and marketable quality, free from all material defects, except for Inventory for which adequate reserves have been made.

  • Inventory Reports Within 15 days after the close of each fiscal month of Customer, a copy of the Inventory Report (as and to the extent applicable, breaking out Inventory by location, and separately reporting any work in process) of Customer as of the end of such fiscal month;

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Inventory and Equipment On the date hereof, the Inventory and the Equipment (other than mobile goods) are kept at the locations listed on Schedule 5.

  • Minimum Condition and Warranty Requirements for TIPS Sales All goods quoted or sold through a TIPS Sale shall be new unless clearly stated otherwise in writing. All new goods and services shall include the applicable manufacturers minimum standard warranty unless otherwise agreed to in the Supplemental Agreement.