stocktaking
/ˈstɑkˌteɪkɪŋ/
noun
- The process of counting and recording all the goods a business has in stock.
- We finished the stocktaking early because the team worked efficiently.
- Stocktaking helps businesses know what items need to be reordered.
- The store will be closed on Monday for annual stocktaking.
- A careful review or assessment of a situation, resources, or progress.
- The company's stocktaking of its environmental impact led to new sustainability policies.
- It's time for a personal stocktaking of your skills and career goals.
- After the project ended, the team did a stocktaking of what went well and what could be improved.
Synonyms