How do you handle Inventory Reconciliation effectively?

[Isabellaharrisdigi]

Hi everyone,

We’ve been running into issues with inventory reconciliation lately. Our ERP shows one number, but during a physical inventory audit, the actual stock is often different. This leads to stock discrepancies, frustration during audits, and sometimes even wrong financial reporting.

We’ve tried cycle counts, but they still don’t catch everything. I’m curious:

• How often do you run reconciliation (monthly, quarterly, yearly)?
• Do you rely on manual spreadsheets, ERP reports, or inventory audit software?
• How do you track who made changes in stock (employee-level accountability)?
• Any tips for smoother warehouse audits across multiple locations?

Would love to hear what works for you. Also, has anyone used tools like Stockount for barcode-based reconciliation and employee audit trails? Is it worth moving away from spreadsheets?

Thanks in advance!

 

[netsol]

you should simply flag a series of items each day/week whatever for a cycle count & reconciliation
my largest client has about 9000 items in inventory and there is a small cycle count team that gets a list of items every day

30 years ago we had a rolling table and a pin feed printout of the inventory

walmart uses robots (in warehouse & stores)

 

[White Haus]

AI spambot, is that you?

 

[ikarasu]

AI spambot, is that you?

No way, she's too hot to be a bot.