Audit Readiness Training — Key Scenarios

WIN-WH-INVT-VERIFY — Inventory Verification

Training Use Only.
Inventory verification confirms that system inventory records accurately reflect physical stock. Warehouse performs counts and reconciliation. Quality reviews and approves outcomes where required. Inventory verification does not replace routine inventory control or material status management.

Scenario 1 — Purpose of Inventory Verification

What an Auditor May Ask
“Why do you perform inventory verification?”
What We Are Demonstrating
Expected Response (Training Guidance)
Inventory verification is performed to confirm that system inventory records accurately reflect physical stock. This supports traceability, material control, and confidence in downstream use and distribution.
Evidence Typically Shown

Scenario 2 — Physical and Cycle Counts

What an Auditor May Ask
“How do you verify inventory accuracy?”
What We Are Demonstrating
Expected Response (Training Guidance)
Inventory accuracy is verified through physical or cycle counts. Count results are compared to system quantities, and any differences are documented and reconciled.
Evidence Typically Shown

Scenario 3 — FIFO / FEFO Verification

What an Auditor May Ask
“How do you ensure FIFO or FEFO is followed?”
What We Are Demonstrating
Expected Response (Training Guidance)
During inventory verification, material lots are reviewed to confirm alignment with FIFO or FEFO expectations where applicable. Any misalignment is documented and addressed.
Evidence Typically Shown

Scenario 4 — Handling Inventory Discrepancies

What an Auditor May Ask
“What happens if you find an inventory discrepancy?”
What We Are Demonstrating
Expected Response (Training Guidance)
Inventory discrepancies are documented and investigated. Adjustments are made only with appropriate authorization, and Quality is involved when required to assess impact.
Evidence Typically Shown

Scenario 5 — Inventory Verification Approval

What an Auditor May Ask
“Who approves inventory verification results?”
What We Are Demonstrating
Expected Response (Training Guidance)
Inventory verification results are reviewed and approved according to defined authority. Warehouse performs the counts; approvals are documented, and Quality reviews outcomes when required.
Evidence Typically Shown