Inventory Audit Services & Discrepancy Analysis
Bridge the gap between system records and physical reality. Our audit services identify shrinkage, process failures, and reporting errors.
Delgado Inventory Advisor provides inventory audit services designed to compare verified physical inventory with system records, identify SKU-level variances, and analyze historical inventory transactions for potential contributing factors.
Accuracy is the foundation of profitable scalability.
Inventory Variance
Compare verified physical counts against system inventory to identify SKU-level discrepancies.
Transaction Review
Review historical inventory movements for patterns that may contribute to inventory variances.
Inventory Accuracy
Identify areas where inventory records, processes, or controls may require attention.
How the Inventory Audit Works
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Physical Count Verification
Compare two independently completed physical inventory counts and flag counting differences requiring verification.
System Reconciliation
Compare verified physical quantities against current system inventory records to identify SKU-level variances.
Transaction History Analysis
Review a minimum of 12 months of orders/shipments, receipts, transfers (if applicable), returns, and available inventory adjustments.
Discrepancy Investigation
Analyze transaction patterns to identify potential sources and contributing factors associated with inventory variances.
Findings & Recommendations
Deliver a detailed analysis of key discrepancies, notable patterns, and practical recommendations for strengthening inventory accuracy and controls.
REQUIRED TO BEGIN
- ✓ Two independent physical inventory counts
Completed by two separate individuals within your organization.
✓ Current system inventory records
Current on-hand quantity by SKU and location, when applicable.
✓ Minimum 12 months of transaction history
Including orders/shipments, inventory receipts, transfers (if applicable), and returns.
✓ Additional supporting data, if available
Inventory adjustments, write-offs, SKU master data, unit cost, and location/bin information.
Don't have everything prepared yet? A detailed data requirements checklist will be provided before the analysis begins.
What’s Included in Inventory Audit Services
VARIANCE ANALYSIS
SKU-level comparison of verified physical quantities against system-recorded quantities, highlighting unit variances and variance value when cost data is available.
TRANSACTION REVIEW
Review of historical inventory movements and notable transaction patterns associated with identified discrepancies.
FINDINGS & RECOMMENDATIONS
Summary of key discrepancies, potential contributing factors, priority areas, and practical recommendations for strengthening inventory accuracy and controls.
EXECUTIVE SUMMARY
High-level overview of inventory accuracy, significant variances, notable findings, and priority areas requiring attention.
Ready to Take a Closer Look at Your Inventory?
Start with an inventory audit inquiry to confirm your project scope and data requirements.