Stock Audit
Safeguard Your Inventory, Maximize Your ProfitsIn today’s fast-paced business landscape, inventory mismanagement can cost companies millions. That’s where stock audit comes in – not just as a compliance requirement, but as a strategic tool to protect your assets, plug revenue leaks, and boost operational efficiency.
What Is a Stock Audit?
A stock audit is a physical verification process of inventory levels, conditions, and movement. It reconciles book records with actual stock, helping businesses identify theft, damages, overstocking, understocking, pilferage, misplacement, or poor storage. It’s more than counting items. It’s about asking:
- Are your products where they should be?
- Is your supply chain leaking revenue?
- Are you ready for peak season demand?
Why Businesses Trust Us for Stock Audits We don't just count – we analyze, interpret, and provide actionable insights.
- Pan-India Physical Audits From godowns in Gujarat to stores in Tamil Nadu – our auditors are deployed across India. We’ve done real-time audits in warehouses, retail outlets, CFA locations, distributor points, depots and plants.
- RFID-Enabled Mapping No more guesswork. Using RFID, barcoding, and real-time scanning, we give you exact location-based reports of your inventory – shelf-wise, batch-wise, and zone-wise.
- High-Ticket Client Experience Trusted by brands like Coca-Cola, Adani, Reliance, ITC, Mondelez, and over 100 others, our audit teams have experience handling complex inventory ecosystems.
- Customizable SOP-Based Audits, We create standard operating procedures (SOPs) tailored to your product, channel, and storage type – ensuring consistency in multi-location audits.
Common Inventory Issues We Uncover
- Expiry management failures (especially in FMCG)
- Mismatched purchase vs. dispatch reports
- Product damage due to poor storage
- Undocumented returns from retailers
- Distributor-level leakages
- Unrecorded inward/outward movements
- Non-compliance with FIFO/FEFO
Real Case Example
Client: National FMCG brand
Problem: They reported regular stock shortages at distributor points across 3 states.
Audit Findings:
- 17% of goods were expired/damaged but shown as active stock
- Manual records didn’t match system entries
- One warehouse had overstocked due to incorrect replenishment triggers
Impact Delivered:
- Recovered ₹1.2 Cr in dead stock value
- SOPs for real-time GRN entries introduced
- Dashboard for daily inward-outward reconciliation deployed
Who Needs a Stock Audit?
- FMCG & Pharma Brands – to ensure channel hygiene
- Retail Chains & Supermarkets – for shrinkage control
- E-commerce Companies – to manage multi-location warehousing
- Automobile & Spare Parts Businesses – for SKU-level accuracy
- Consumer Durables & Electronics – to prevent pilferage and faulty stock returns
Our Stock Audit Process
- Requirement Mapping – Understanding business flow, product nature, and stakeholders
- SOP Creation – Customized checklist based on your operations
- On-Ground Audit – Physical stock counting, RFID/barcode scanning
- System Reconciliation – Matching books with actuals (SAP, Tally, Zoho, etc.)
- Gap Analysis & Reporting – Item-wise, zone-wise, and reason-wise variances
- Root Cause Recommendations – Actionable next steps with priority level
- Follow-up Re-audits – For tracking improvement post-implementation
