The purpose of this work program is to provide the general steps used for an inventory audit of a distribution center for consigned inventory, including reviewing the shipping and receiving processes and inventory cycle counts.
Inventory audit steps include: conduct project planning, scope setting and auditee requests/coordination; develop work program and other reporting templates; coordinate meetings with key process personnel; collect and review self-assessment forms; understand and document the process; obtain and review written and "desktop" policies and procedures and organization charts for each area; gain an understanding of the organizational structure, scope of activities, and roles and responsibilities of personnel; etc.
Policies & Procedures
Inventory Audit Work Program
Checklists & Questionnaires