DataNexSys · Engagement
Inventory and WIP control assessment
Focused testing of stock accuracy, scrap reporting, and work-in-progress valuation on the shop floor.
When finished-goods counts drift from the system, scrap is recorded late, or WIP absorbs unexplained overhead, month-end close becomes a negotiation. This assessment concentrates on the inventory and production valuation chain without expanding into a full multi-cycle review.
Who it is for
Plant controllers and operations directors who already trust their AP and payroll routines but need clarity on stock, BOM variances, and incomplete production orders.
What you walk away with
A concise report on count discipline, scrap capture, standard-cost maintenance, and WIP cut-off, with sample results and next-step owners.
Included
- Review of cycle-count and annual physical procedures
- Observation of selected counts and material issues
- Testing of scrap, rework, and variance postings
- WIP aging and cut-off checks around period end
- Written findings with remediation sequencing
Outside this engagement
- Broader AP, AR, or payroll control testing
- Physical inventory counting as outsourced labor
- Costing system redesign projects
How the review runs
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1
Map stock movements
We chart receiving, put-away, issue, return, and scrap paths against your system transactions.
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2
Observe and sample
Counts and issues are observed live; documents are sampled against ledger postings.
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3
Report on valuation risk
Findings highlight where inventory or WIP could be overstated, understated, or unowned.
Duration
Usually one to two weeks for a single plant.
Where we work
On site at the warehouse and production areas, with ledger work on site or remote.
Pricing basis
Day-rate or fixed quote for a defined plant and SKU range.
Preparation
Latest stock listings, BOM extracts, scrap logs, and access to counting supervisors.
Need inventory controls examined?
Share your plant type, SKU volume, and whether a physical count is already scheduled.
Ask about inventory assessment