Warehouse Inventory (Stocktaking)

Reasons to choose us for your warehouse inventory:
We use specialized software, modern inventory equipment, highly trained professional staff, and operate 24/7 to perform the stocktaking process at the most convenient time for your business.

While you focus on running your business, financial and material risks always remain a challenge for every entrepreneur. One of the most effective ways to prevent losses is to conduct regular (periodic) inventory counting of all goods and materials stored in your warehouse.
According to the Law of the Republic of Azerbaijan “On Accounting” dated March 24, 1995, every company, regardless of its field of activity, is legally required to carry out inventory at least once a year.

The object of inventory is the goods and materials belonging to the company and stored in warehouses. These may include items given for safekeeping, rented goods, or sold but not yet dispatched items.

At the end of the inventory, a complete electronic or written list of all items counted is prepared. This list is compared with accounting records, which makes it possible to identify shortages, surpluses, and misplacements (mix-ups).

Types of Warehouse Inventory

1. Periodic Inventory:
At predefined intervals, all warehouse operations are stopped and a full physical count of all stock is performed.

2. Continuous Inventory:
Daily or weekly stock counts of specific product groups are performed without stopping warehouse operations.

3. Selective Inventory:
Conducted when a discrepancy, shrinkage, or misplacement is suspected within a certain group of products.

Stages of Inventory Preparation and Execution

  • Planning upcoming tasks and identifying employees who will participate in the inventory

  • Appointing the inventory commission and determining the methodology and technical process

  • Setting the inventory date and issuing an order to suspend stock movements

  • Preparing necessary accounting documents

  • Extracting accounting balances before the physical inventory

  • Briefing and instructing all members of the counting team

  • Conducting the physical stock count

  • Comparing physical quantities with accounting records

  • Verifying the accuracy of quantity and location data, rechecking doubtful items

  • Submitting finalized results to the accounting department

Our Advantages

We have built a team of professionals who not only possess deep expertise but also truly love their work. We continually improve our methods and inventory technologies to remain the best in the industry and deliver transparent, accurate, and reliable results.

Through the automation of the inventory process:

  • human errors are minimized,

  • the duration of the stocktaking process is significantly reduced,

  • the accuracy of collected data increases.

We use custom-developed software solutions, allowing you to track the quantity and location of items at any stage of the inventory process.

Our methodologies and technologies guarantee safety, objectivity, and full compliance during your inventory operations.
Regular stock verification is one of the most effective methods to prevent material losses.