Reconciling inventory discrepancies can be daunting, but it's crucial for maintaining accurate records. Here's how to align actual stock with what's on the books:
- Conduct a thorough physical count, comparing it against inventory records to identify variances.
- Investigate discrepancies, looking into possible causes such as theft, damage, or administrative errors.
- Update your inventory management system regularly to reflect true stock levels and prevent future mismatches.
How do you tackle inventory discrepancies? Your strategies are valuable.
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