InventoryManufacturing Tips Stocktake – A Practical Guide to Inventory Counts A stocktake is the act of counting and recording the quantities of goods in stock to compare the results with available inventory data and find discrepancies. It is a crucial part of any business that holds inventory and that is why the process of performing a stocktake needs to be rigorously organized. By Madis Kuuse 10 min read
InventoryManufacturing Tips How Stocktake Helps Prevent and Detect Theft High-quality stocktake (inventory checking) provides assurance to managers of all units of the company that the financial statements and software system information on inventory is accurate and fair. At the same time, occasional stocktake works quite well to prevent theft. By Karl H Lauri 3 min read
