How We Cut Inventory Audit Time by 70% – What’s Your Secret?

Hey Product Hunt community 👋,

We’ve been streamlining our stock audits lately using Stockount—and one of the most useful resources we created during the process was our Inventory Audit Checklist.

It’s been a game-changer for ensuring nothing gets missed during audits, whether you’re in retail, manufacturing, or wholesale.

Here’s our recommended Inventory Audit Checklist:

✅ Pre-Audit Preparation

• Finalize the date and audit team members

• Inform relevant departments about the audit schedule

• Backup current stock data (ERP, POS, or spreadsheets)

✅ Stock Data Collection

• Export the latest stock records

• Categorize items (fast-moving, slow-moving, seasonal)

• Assign areas/zones for physical counting

✅ Physical Inventory Audit

• Use Stockount’s barcode scanning or Quick Audit feature

• Count by SKU, not by shelf position

• Note damaged, expired, or misplaced stock

✅ Data Reconciliation

• Match physical count with system records

• Investigate discrepancies immediately

• Adjust records in Stockount for accuracy

✅ Post-Audit Review

• Document findings (loss, overstock, shrinkage causes)

• Share a summary with management

• Set corrective measures to prevent repeat issues
  

Why this works:

With Stockount’s Quick Audit and Real-Time Discrepancy Detection, our audits have gone from 2 days to just a few hours and accuracy jumped by over 95%.

💬 Question for the community:

What’s the one audit step you never skip, no matter how small your store or warehouse is?