In order to address client demands, every organization has to maintain a sufficient inventory level for uninterrupted supply to its customers. Inventory audits help identify gaps/improvement opportunities related to inventory process such as availability of sufficient stocks, re-ordering levels and requisition to replenish the wiped stock, inventory receipt/ issuance process etc. During the inventory audits, auditors also evaluate the physical stock found at Warehouse v/s stocks maintained at companies book stock (ERP).