Podcast
Questions and Answers
What is the purpose of the Physical Inventory Count (PIC) at WFP?
What is the purpose of the Physical Inventory Count (PIC) at WFP?
Why is it important to reconcile physical inventory with stack cards and LESS?
Why is it important to reconcile physical inventory with stack cards and LESS?
What happens if discrepancies between physical inventory and records are not justified?
What happens if discrepancies between physical inventory and records are not justified?
In the context of PIC, what does reconciling count balances with stock cards involve?
In the context of PIC, what does reconciling count balances with stock cards involve?
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Why is updating the inventory position in stack cards and LESS immediately emphasized?
Why is updating the inventory position in stack cards and LESS immediately emphasized?
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What triggers a stock adjustment in BOTH Materials Management (MM) and Finance Module (FM)?
What triggers a stock adjustment in BOTH Materials Management (MM) and Finance Module (FM)?
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How often should a full physical stock inventory exercise with reconciliation be undertaken?
How often should a full physical stock inventory exercise with reconciliation be undertaken?
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Who is responsible for preparing the NFR that includes recognized discrepancies?
Who is responsible for preparing the NFR that includes recognized discrepancies?
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What is one of the objectives of warehouse and inventory management?
What is one of the objectives of warehouse and inventory management?
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When does the Head of Logistics sign the final physical inventory report?
When does the Head of Logistics sign the final physical inventory report?
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