Physical Inventory Count Checklist - FREE PDF
Conduct physical inventory count accurately.
- Industry: Retail
- Frequency: Annual / Quarterly / Cycle
- Estimated Time: 4-8 hours
- Role: Inventory Team / Management
- Total Items: 31
- Compliance: Accounting Standards, Loss Prevention
Appearance & Presentation
Evaluate appearance and presentation standards.
- Area clean and organized?
- Signage current and proper?
- Lighting adequate?
Operations & Procedures
Verify operational compliance.
- Procedures followed?
- Equipment working properly?
- Supplies adequately stocked?
Safety & Security
Assess safety and security conditions.
- Safety hazards addressed?
- Emergency exits clear?
- Security measures in place?
Findings & Actions
Document inspection findings.
- Overall Rating
- Issues Found
- Actions Required
- Inspector Signature
Initial Setup & Documentation
Complete initial documentation and preparation
- Inspector / Assessor Name
- Date
- Location / Area
- Inspection Type
- Previous findings reviewed?
Safety & Compliance Verification
Verify all safety requirements are met
- All safety protocols being followed?
- Emergency exits clear and accessible?
- First aid supplies available and stocked?
- All hazards identified and controlled?
- Required PPE being worn correctly?
Operational Standards Check
Verify operational standards and procedures are maintained
- Standard operating procedures being followed?
- All equipment in proper working condition?
- Maintenance schedule current?
- All staff training current and documented?
Quality Assessment
Evaluate quality standards and performance metrics
- Quality standards met for all items checked?
- Any deficiencies or non-conformances identified?
- Root cause analysis completed for issues?
- Continuous improvement opportunities identified?
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Related Inventory Checklists
- Retail Inventory Cycle Count - FREE PDF - FREE Download
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Why Use This Physical Inventory Count Checklist?
This physical inventory count checklist helps retail teams maintain compliance and operational excellence. Designed for inventory team / management professionals, this checklist covers 31 critical inspection points across 8 sections. Recommended frequency: annual / quarterly / cycle.
Ensures compliance with Accounting Standards, Loss Prevention. Regulatory-aligned for audit readiness and inspection documentation.
Frequently Asked Questions
What does the Physical Inventory Count Checklist cover?
This checklist covers 31 inspection items across 8 sections: Appearance & Presentation, Operations & Procedures, Safety & Security, Findings & Actions, Initial Setup & Documentation, Safety & Compliance Verification, Operational Standards Check, Quality Assessment. It is designed for retail operations and compliance.
How often should this checklist be completed?
This checklist should be completed annual / quarterly / cycle. Each completion takes approximately 4-8 hours.
Who should use this Physical Inventory Count Checklist?
This checklist is designed for Inventory Team / Management professionals in the retail industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.
Can I download this checklist as a PDF?
Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.