DATE

LOCATION

Control Number
Control Name
A variance analysis is performed between actual and target material consumption. All variances beyond the locally defined thresholds are investigated and correct
Control Description
adjustments are approved by an independent authorised user in accordance with local procedures and guidelines and are recorded on a timely basis.

Detect
Control Type
Note: This is a management review control.

Automation Level Manual

Frequency of the control Monthly
 investigated and corrective action taken. Any corrective action resulting in inventory
imely basis.