blind count
Definition
A physical inventory taken by personnel who perform a hands-on count of inventory without access to the quantities currently shown on electronic or other inventory systems. Blind counts are used to assess the integrity of the automated inventory systems.
Related Articles
- Long-Term Investment Choices *
- Finding a Financial Advisor for Your Business Venture *
- Overview of Online Banking and Related Issues *
- What Are The Most Commonly Traded Commodities? *
- Understanding Homeowner's Insurance Policies *
- Different Types of Financial Advisors *
- Understanding Sales Tax *
- Forex: Scalping Strategy *
Related Videos
http://www.businessdictionary.com/definition/blind-count.html
