Inventory is an item which is often overlooked or neglected by most companies due to their primary focus on the core processes. But in many cases we have observed Inventory is a major Cash Flow choking element and also it can directly impact the company’s profits if they have the wrong inventory in place.
At Axium we can help Auditing Inventory and offer solutions like
- Assessment of useful and non useful Inventory items,
- Valuation of Inventory Items,
- Stock Take & Cycle Counting,
- Segregation based on Usage,
- Storage Methods,
- ABC Analysis
- Inventory Location Design & Tracking Method.
We have the right team and tools to support any of the above Audit Requirements.