Question 1

What is inventory audit and why is it important?

Accepted Answer

An inventory audit is a physical verification of stock to ensure accurate records. It helps businesses identify discrepancies, reduce stock losses, and maintain accurate inventory data.

Question 2

What is the cost of stock audit in Pune?

Accepted Answer

The cost of stock audit in Pune depends on factors like warehouse size, number of items, and scope of work. Contact SANVI Inventory Services at +91 82083 30459 for a free personalized quote.

Question 3

How long does a stock audit take?

Accepted Answer

The duration of a stock audit depends on the size of your inventory. A typical small warehouse can be audited in 1-2 days, while large facilities may take up to a week. Our team provides efficient and timely service.

Question 4

What is included in stock audit services?

Accepted Answer

Stock audit services include physical stock counting, barcode scanning, data entry, discrepancy reporting, reconciliation, and detailed audit report with recommendations.

Question 5

What is stock tally and how does it work?

Accepted Answer

Stock tally is the physical counting and verification of inventory items. Our expert team uses barcode scanners and manual counting methods to ensure accurate stock levels and identify any discrepancies.

Question 6

Who needs inventory audit?

Accepted Answer

Inventory audits are essential for retail stores, warehouses, manufacturing units, distribution centers, and any business that maintains stock. It's also required for tax purposes, insurance claims, and business valuations.

Question 7

What is the difference between stock audit and stock verification?

Accepted Answer

Stock audit is a comprehensive examination of inventory records, while stock verification is the physical counting process. Both are essential for maintaining accurate inventory data and identifying discrepancies.

Question 8

How often should I conduct stock audit?

Accepted Answer

It's recommended to conduct stock audits quarterly or at least annually. Monthly audits are ideal for high-turnover businesses, while annual audits work for businesses with stable inventory levels.

Question 9

What equipment is used in stock audit?

Accepted Answer

We use advanced barcode scanners, handheld devices, weighing scales, measuring tools, and specialized counting software to ensure accurate and efficient stock auditing.

Question 10

What does a stock audit report include?

Accepted Answer

A comprehensive stock audit report includes: physical count results, discrepancies identified, variance analysis, reconciliation statement, recommendations for improvement, and photographic evidence where applicable.

Frequently Asked Questions

General Questions About Stock Audit