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STOCK TAKING

AZHAR
INVENTORY CONTROL MANAGER
WHAT IS STOCK TAKE

• -. The physical verification of the quantities and condition of items held in an inventory or
warehouse.

• -. This may be done to provide an audit of existing stock. It is also the source of stock
discrepancy information.
PURPOSE STOCK TAKING

• Prevent company losses due to negligence in calculations.


• Know the actual number.
• Manage the transfer of goods from and out of the company.
• Internal control
BENEFIT OF STOCK TAKING

• Knowing the accuracy of accounting records with existing stock of goods.


• Helps find cost of goods sold (COGS).
• As a comparison with previous year's data or with similar company data.
• Helps to find out where the actual inventory is owned.
• Helps identify fraud or negligence that occurs in the company.
• Assist in terms of corporate policy making.
STOCK TAKING PROCESS

Doing Stock TakingCompile & Compare Update the stock


Prepare Stock Data Report the result
Calculation Data position
POSITIVE EFECT AFTER QUARTERLY STOCK OPNAME

Estimated Time Delivery Customer Satisaction


40 36 100
34 35 34 35 36
33 32 33 33 90
35 31
30
80
30
70
25 60
25 24
Days

20 23 24 22 Before ST 50
After ST
20 After ST 40
15
17 16 30
15 15 14 15
10 20
5 10
-
-
Jan Feb Mar Apr Mei Jun Jul Agt Sept Okt Nov Des
Jan Feb Mar Apr Mei Jun Jul Agt Sept Okt Nov Des
CONCLUSION

• Stock taking can make Company


Assets save

• Stock taking can make Company


report Accurate

• Stock taking can support estimated


time delivery indirectly

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THANK YOU

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