Monthly Archives: April 2022

Modern-day businesses tend to import a large volume of merchandise to serve production and business operations. However, overloading leads to a waste of inventory and working capital. Therefore, inventory reconciliation more often on the planned amount of goods will help the manager effectively with a better plan and import merchandise on time while the capital is still automatically rotated.

In this blog, we list out five features to help businesses conduct inventory reconciliation quickly and effectively.

What is Inventory Reconciliation?

Inventory reconciliation refers process of comparing a business with real-time amount of inventory and the records it maintains. Inventory reconciliation viewed as a fundamental maintenance process that helps businesses to check the effectiveness of stock control systems they use.

How to reconcile inventory?

To conduct inventory reconciliation, you should initially check