In an Era of E-Commerce regular Stock takes are no longer an option, at least full stock take dhall be performed 3 to 4 times per year.

When there are variances in inventory. Go back to your last valid count and work forward to reconcile sold products versus what's left in stock. Double check the report parameters and make sure that the processes that are in place make sense. Fill any gaps by updating the process or re-educating those involved.

In my opinion, it's so simple to just take a look at your inventory before every closing of the day end and update the number of your inventory items in your online Management System. Moreover, review the number of sales for each month and keep a threshold level of your stock availability and when it reaches a certain level then you must order the new one's before the existing stock gets empty.

To reconcile inventory discrepancies, start with a physical count, either full or focused on specific items. Ensure inventory is organized and labeled to avoid errors. Review recent transactions and audit any adjustments for unrecorded or erroneous entries. Investigate discrepancies by identifying patterns, checking timing issues, and matching physical counts with system records. Adjust inventory records as needed, documenting reasons for discrepancies. Perform root cause analysis to address underlying issues and implement corrective actions. Regular audits and continuous improvement will help prevent future discrepancies, with thorough documentation of the process.