How Stocktake Helps Prevent and Detect Theft

Young Asian man doing stocktaking of product in cardboard box on shelves in warehouse by using digital tablet. physical inventory count concept

 

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.

 

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