Retainer Based Corporate Physical Inventory Audit / Stock Audit

Physical Inventory Audit: Physical inventory audit is an area of specialization and core competence for WCI Global. Validation of each and every physical stocks are important and need to be monitored and recorded. We have flexible inventory audit method from random checking to entire stock verification. Large companies which operates across the borders through multiple locations & through various channel partners, ensuring this scrutiny with internal team is quite a challenge. Small & Medium companies will have only limited source to monitor their physical stock periodically.Key benefits:Value Assessment of inventoryRecognition of inventory and WIPEvaluation of actual physical stockFor banks and other financial institutionVerification the actual stock with records & ERPIdentification of slow-moving, dead stock & scrapCheck on damaged products, losses & expired productsFacilitates valuation and rectification for any accounting discrepancyMain Aspects:Discrepancy ReportStock Pilferage/Damage Reports.Dead-Stock & Slow moving Stock ReportCompute Difference and Reason IdentificationReconciliation between physical count and book countExamination of Inward and Outward stock movement process