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Effective inventory management would have one person place the order for new inventory, a second person check it against the purchase order when it arrives,

Effective inventory management would have one person place the order for new inventory, a second person check it against the purchase order when it arrives, and a third person record the receipt of inventory in the accounting records. The purpose of this system is
to reduce spoilage.
to reduce storage costs.
to guard against stockouts.
to guard against internal theft and collusion.
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