"Often also termed TAKE STOCK" , "One way to find out the existing stock by direct counting of physical goods that exist with the computer data / system".
The main purpose of stock opname done routinely and periodically each day are as follows:
The main purpose of stock opname done routinely and periodically each day are as follows:
- Knowing the accuracy of inventory
- Providing real picture about what actually happens in warehouse (eg: internal leakage)
- The data can be used by the accounting to improve the accuracy of financial statements.
- Can be used to Trace Back (search) against the variance / difference.
- Can be used as one ingredient of the performance assessment of warehouse staff.
1. Before the stock-taking by:
- Tidy up all the goods are in warehouse
- Separate according to the storage
- Create a table / list of goods which are calculated
- Decide who is doing the calculations, and in charge of inventory taking
- Do the calculations to completion
- If the calculation results differ between the 2 groups, do the calculations simultaneously.
- Create Report Inventory Taking
- Calculate deviation / variance of each item.
- Signature form and submit to the administration.
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