ERP Term
"Physical Count "

A process to count all items in inventory and then reconcile that against the count in the ERP system.

Physical inventory counts are used to verifying inventory records' accuracy in the ERP system. The process involves counting all items in inventory and then reconciling that against the count in the ERP system. This can be done manually or using barcode scanners.

Physical inventory counts are an essential part of maintaining accurate inventory records. They help ensure that stock levels are accurately reflected in the ERP system and can also help identify errors or discrepancies. Physical inventory counts should be conducted regularly to ensure accuracy. 

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