Stocktake Planning and Transaction Cut-Off
Preparing a count so physical movement and system activity do not invalidate the result.
Open guideA stocktake identifies a difference between book stock and physical stock. An investigation tries to explain that difference before records are adjusted and lessons are lost.
Physical counts, recounts, variances, shrinkage, cycle counting, reason codes and approved adjustments.
Preparing a count so physical movement and system activity do not invalidate the result.
Open guideWhy an independent count can reveal errors that expected quantities encourage people to overlook.
Open guideInterpreting physical counts that are higher or lower than the recorded quantity.
Open guideA structured way to move from “the count is wrong” to an evidence-based explanation.
Open guideDistinguishing inventory shrinkage from shrinkflation and measuring unexplained stock loss without assuming every variance is theft.
Open guide