5 Stock Audit Challenges & How ASC Group Solves Them
Managing inventory is one of the most critical aspects of running a successful business. Without accurate stock records, businesses face losses, inefficiencies, and compliance issues. This is where Stock audit services become invaluable. However, conducting a thorough stock audit is not without its challenges. From human errors to discrepancies in data, companies often struggle to maintain accurate inventory records. Fortunately, ASC Group offers tailored solutions to tackle these problems efficiently. Here are the five common stock audit challenges businesses face and how ASC Group solves them: 1. Discrepancies Between Physical and Recorded Stock Problem: One of the most frequent issues in stock management is the difference between the physical stock on hand and the recorded inventory in the system. These discrepancies can arise due to: Misplaced items in the warehouse Errors in manual data entry Theft or pilferage Returns and damaged goods not updated in records ...