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Useful reads on warehouses, stock counts and audits.
What a warehouse audit is and what it examinesAn audit is an independent assessment of goods-handling processes, controls and the reliability of the records.
Internal vs external audit: when each is neededInternal audit is continuous and close to the process; external audit is independent and builds trust.
Drawing up an audit plan: period, scope, resourcesThe plan sets in advance the audit's objective, the period, the scope and the time needed.- When you need a warehouse audit: 8 signals for ownersGrowing stock adjustments, repeat shortages, movement without documents: eight signs a warehouse needs an audit, plus a one-evening self-check.
The risk-based approachChecking the riskiest places first saves time and money and delivers more value.
A risk matrix: likelihood and impactRate each risk on two axes: how likely it is and how damaging it would be.