What are some tips for conducting an inventory audit?
Start by organizing your inventory data, then conduct a physical count, and compare it with your records.
How often should I perform an inventory audit?
It's recommended to conduct inventory audits at least once a year, but quarterly audits can help maintain accuracy.
What tools can I use for inventory audits?
You can use inventory management software, barcode scanners, and spreadsheets to streamline the audit process.
What common mistakes should I avoid during an inventory audit?
Avoid overlooking discrepancies, not training staff properly, and failing to document the process.
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