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01.

stock audit

Stock audit is the process of physically verifying a company’s inventory to ensure that the actual stock matches the recorded stock in the books. It helps identify differences, damaged goods, expired items, or any errors in inventory records. Businesses conduct stock audits to prevent fraud, reduce losses, and maintain accurate financial statements. By regularly checking stock levels, companies can improve inventory management, control costs, and ensure smooth business operations.

02.

barcoding

Barcoding is a system used to identify and track products using unique codes printed in the form of lines and numbers. Each barcode contains specific information about a product, which can be quickly scanned using a barcode scanner. It helps businesses manage inventory efficiently by reducing manual errors and saving time. Barcoding improves accuracy in stock management, billing, and tracking goods in warehouses or retail stores. Overall, it makes business operations faster, more organized, and more reliable.

03.

purchase handling

Purchase handling is the process of managing and controlling the buying of goods or services for a business. It begins with identifying the requirement, selecting suppliers, and placing purchase orders. After that, the received goods are checked for quality and quantity to ensure they match the order. Proper purchase handling helps maintain accurate records, control costs, and avoid delays or shortages. It also ensures smooth coordination between suppliers, stores, and the finance department, which supports efficient business operations.

04.

firm setup

Firm setup refers to the process of legally establishing a business and preparing it for operations. It includes choosing the type of business structure, such as sole proprietorship, partnership, or company, registering the business name, and obtaining necessary licenses and approvals. The setup process also involves opening a business bank account, arranging capital, and setting up basic systems like accounting and inventory management. A proper firm setup ensures that the business operates legally, builds trust with customers and suppliers, and creates a strong foundation for future growth.

05.

inventory management

Inventory management is the process of planning, controlling, and monitoring a company’s stock to ensure the right products are available at the right time. It involves tracking the quantity, location, and condition of goods to avoid overstocking or shortages. Effective inventory management helps reduce costs, prevent losses, and improve customer satisfaction by ensuring timely delivery of products. By using proper systems like barcoding or inventory software, businesses can maintain accurate records and run their operations smoothly and efficiently.

06.

software provider

A software provider is a company or individual that develops, supplies, and maintains software solutions for businesses or customers. They create applications that help organizations manage operations such as accounting, inventory, human resources, or customer relationships. A software provider not only delivers the software but also offers support services like installation, training, updates, and technical assistance. By providing reliable and customized solutions, software providers help businesses improve efficiency, accuracy, and overall productivity.