Inventory Audit
Keep an accurate record. Prevent pilferage.
Movement of inventory is the very basis of a goods based business; everything else is an allied activity. This makes it a very important function.
In such assignments we:
- Conduct physical verification of inventory
- Maintain proper inventory documentation
- Compare actual and book inventory, and document reasons for variances
- Determine the causes for shrinkage
- Check for internal controls
- Conduct a data analysis on inventory to identify value enhancing opportunities
- Check for optimisation of freight and transit costs
- Prepare a report of our findings with actionable suggestions
Such assignments involve using smart devices, barcode printers, and scanners; which our team is adept at using.
If you'd like our help – write to us or schedule a virtual meeting.
