Physically counting stock and checking it against inventory records.
Stocktaking establishes how much inventory is physically present and compares that result with the quantity recorded in the inventory system. Staff count and record items, identify differences and investigate them as part of reconciliation. Scanners can assist the count, but the purpose remains to verify actual stock rather than rely solely on existing records. A complete stocktake covers all inventory within its defined scope. Cycle counting applies the same checking principle to selected portions on a recurring schedule, so the two approaches can support each other.
In job listings
Miu Miu’s Stock Associate role in Toronto required organizing, managing and performing product counting and stocktakes. The wording assigns responsibility for arranging the exercise as well as carrying it out, making stocktaking a defined stockroom duty rather than an incidental check made during another task. Search local jobs for “stocktaking”.
