Physical Verification of FMCG Stores & Warehouses
Recommended practices for efficient and effective stock verification in FMCG stores Opt for Night Audits: Conducting audits during night time is the most effective approach, as it minimizes disruption to regular store operations and customer interactions. Swift Audit Completion: Ensure that the audit process is concise and efficient, aiming for completion within a span of 1 to 2 days to maintain operational continuity. Utilize Scanner-Based Auditing: Implementing scanner technology for audits enhances accuracy and speed, significantly reducing the likelihood of human error. Expired, Damaged & returnable items: During the count, specifically identify and segregate expired or near-expiry products, damaged goods, and returnable items. Simultaneous Audits Across Multiple Locations: Plan and execute audits at various store locations concurrently to optimize time and resources. Expand Auditor Teams Instead of Audit Duration: Increase the number of auditors involved in the process