Business Services Industry
New study focuses on data capture accuracy. (Front Page).
Warehousing Management, December, 2001
AS MORE EMPHASIS IS PLACED ON ACCURACY WITH-in the warehouse, a new study reveals that almost all data capture information is inaccurate due to human input error and improper or missed scans, according to wireless supply chain visibility solutions provider WhereNet. The problem is traceable in part to survey results that indicate a surprising number of respondents (84 percent) still rely on manual techniques to locate and track physical assets, and 100 percent of the respondents indicate that their asset management data is inaccurate due to this manual process.
Respondents reported that their companies write off at least $500,000 or more in annual losses as a result of lost assets or inventory. "The results of this survey clearly substantiate the need...
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