1. **Inventory Accuracy: Ensures that recorded stock levels match physical inventory, minimizing errors in orders and financial reporting.
2. Financial Management: Provides accurate data for financial reporting, preventing discrepancies and ensuring compliance with accounting standards.
3. Cost Control: Helps identify slow-moving or obsolete inventory, allowing for adjustments to minimize carrying costs.
4. Order Fulfillment: Enables accurate and efficient order processing, reducing delays and improving customer satisfaction.
5. Loss Prevention: Identifies discrepancies that may indicate theft or shrinkage, allowing for timely action to prevent further losses.
6. Strategic Decision-Making: Provides insights for optimizing stocking levels, diversifying product offerings, and improving supply chain efficiency.
