Distribution Center and Consigned Inventory Audit Work Program
Mastering Distribution Center/Consigned Inventory Audit Techniques
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:
- Conducting project planning, scope setting and auditee requests/coordination
- Developing work program and other reporting templates
- Coordinating meetings with key process personnel
- Collecting and reviewing self-assessment forms
- Understanding and documenting the process
- Obtaining and reviewing written and "desktop" policies and procedures and organization charts for each area
- Gaining an understanding of the organizational structure, scope of activities, and roles and responsibilities of personnel