Inventory Audit

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.