stocktaking Sentence Examples

1. The company's quarterly stocktaking revealed a significant increase in inventory levels.
2. During the stocktaking process, the auditors carefully counted and verified all physical assets.
3. The warehouse manager initiated a stocktaking to ensure accurate inventory records.
4. The annual stocktaking provides valuable insights into the flow of goods within the supply chain.
5. The company's stocktaking practices adhere strictly to GAAP guidelines.
6. The stocktaking team utilized barcode scanners to expedite the process.
7. Regular stocktaking helps businesses identify potential discrepancies and prevent inventory shrinkage.
8. The stocktaking report highlighted areas where the company could improve its inventory management practices.
9. The stocktaking process can be time-consuming but is essential for maintaining accurate accounting records.
10. The stocktaking team discovered several obsolete items that were subsequently disposed of to reduce inventory carrying costs.

stocktaking Meaning

Wordnet

stocktaking (n)

reappraisal of a situation or position or outlook

making an itemized list of merchandise or supplies on hand

Synonyms & Antonyms of stocktaking

No Synonyms and anytonyms found

FAQs About the word stocktaking

What is the meaning of the word stocktaking

reappraisal of a situation or position or outlook, making an itemized list of merchandise or supplies on hand

What are the synonyms of the word stocktaking

No synonyms found.

What are the antonyms of the word stocktaking

No antonyms found.

What is the usage of word stocktaking

The company's quarterly stocktaking revealed a significant increase in inventory levels.

During the stocktaking process, the auditors carefully counted and verified all physical assets.

How to use the word stocktaking in a sentence?

The warehouse manager initiated a stocktaking to ensure accurate inventory records.

The annual stocktaking provides valuable insights into the flow of goods within the supply chain.