stocktaking
- noun
- /ˈstɑkˌteɪkɪŋ/
- UK
- The annual stocktaking revealed discrepancies between the expected numbers and what was actually present in the warehouse.
Examples
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All employees were required to assist with stocktaking at the end of the fiscal year.
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After the holiday rush, the store scheduled a thorough stocktaking to assess inventory levels.
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Don't forget the stocktaking!
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The stocktaking is important.
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After the holiday rush, the store scheduled a thorough stocktaking to assess inventory levels.
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All employees were required to assist with stocktaking at the end of the fiscal year.
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The annual stocktaking revealed discrepancies between the expected numbers and what was actually present in the warehouse.
Synonyms
A list of goods and their amounts that a business has
An act of counting and checking the goods and materials a business has
A detailed count of the goods a shop or business has
Making a detailed list of the goods a business has on hand
Counting and checking the goods a shop or warehouse has
How Thorough
Surface Forms
Morphology
Etymology
Stocktaking comes from stock meaning 'goods' or 'supply' and taking meaning 'counting' or 'taking'. It originally meant the careful counting and recording of a shop's or warehouse's items, which is why today a stocktaking is the process of counting and recording what a business has.