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What (who) is stocktake - definition
Stock-taking
PHYSICAL VERIFICATION OF THE QUANTITIES AND CONDITION OF ITEMS HELD IN AN INVENTORY OR WAREHOUSE
Stocktaking; Inventory checking; Stocktake; Stock-take
Stock-taking or "inventory checking" or "wall-to-wall" is the physical verification of the quantities and condition of items held in an inventory or warehouse. This may be done to provide an audit of existing stock.
stocktaking
PHYSICAL VERIFICATION OF THE QUANTITIES AND CONDITION OF ITEMS HELD IN AN INVENTORY OR WAREHOUSE
Stocktaking; Inventory checking; Stocktake; Stock-take
Stocktaking is the activity of counting and checking all the goods that a shop or business has. (BUSINESS)
N-UNCOUNT
stocktaking
PHYSICAL VERIFICATION OF THE QUANTITIES AND CONDITION OF ITEMS HELD IN AN INVENTORY OR WAREHOUSE
Stocktaking; Inventory checking; Stocktake; Stock-take
¦ noun the action or process of recording the amount of stock held by a business.
Derivatives
stocktake noun & verb
stocktaker noun
Examples of use of stocktake
1. Mid–term Stocktake of the Bogor Goals Ministers endorsed the report, A Mid–term Stocktake of Progress Towards the Bogor Goals: Busan Roadmap to the Bogor Goals.
2. Mid-term Stocktake of the Bogor Goals Ministers endorsed the report, A Mid-term Stocktake of Progress Towards the Bogor Goals: Busan Roadmap to the Bogor Goals.
3. The outrage emerged during a stocktake of animals at Erfurt Zoo in central Germany.
4. Every morning, when I wake up, I repeat that nervous stocktake to find out.
5. "In our stocktake of the nation‘s skills, too many firms also say poor basic skills are hampering customer service and acting as a drag on their business‘s performance.