What is Stocktake?

Definition

A full physical count of inventory to verify recorded quantities.

In depth

Stocktakes reset truth; cycle counts maintain it. EazyCXM supports both, posting variances with reasons.

Inventory & Ops

Related terms

More on Inventory & Ops

SKU

A unique code identifying a distinct product or variant for tracking.

Stock Ledger

A running record of every stock movement that derives current quantities.

Back Order

An order for an item that is currently out of stock, to be fulfilled later.

Cycle Count

Counting a subset of inventory regularly to keep records accurate without a full stocktake.

Stocktake, made practical

EazyCXM puts concepts like this to work across your business — see it on a demo.

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