How should inventory discrepancies ideally be addressed?

Addressing inventory discrepancies through investigation and documentation ensures that the root cause of the problem is identified. This approach allows for a thorough understanding of why the discrepancies occurred, which may involve factors such as inaccurate data entry, theft, or issues with supplier deliveries. By documenting findings, a supervisor creates a clear record that can be referenced for future improvements, preventive measures, and training of staff. Adjusting records accordingly after the investigation ensures that inventory levels are accurate, which is crucial for effective stock management, cost control, and maintaining customer satisfaction. Accurate inventory records contribute to more reliable sales forecasting and operational efficiency, thus underscoring the importance of a comprehensive approach to discrepancies.