Inventointi

Inventointi, in Finnish, refers to the systematic counting and verification of the quantities and condition of goods, materials, and other assets held by an organization. It is a core activity in warehousing, manufacturing, and accounting, and can be conducted as a full physical stocktaking or as ongoing cycle counting. The results determine accurate stock records, asset values for financial reporting, and the effectiveness of inventory management and loss prevention.

The process typically starts with planning and scope, including which locations and item groups are counted and which counting method will be used. Methods include a full physical inventory, cycle counting (counting a portion of items on a rotating schedule), and random or targeted checks. During counting, counters record quantities and conditions, often using labels, barcodes, or RFID tags. After counting, results are reconciled with existing system records, discrepancies are investigated, and adjustments are made in the inventory or general ledger.

Technology and data play a central role. Modern inventointi relies on inventory management or ERP systems, barcodes or RFID, handheld scanners, and mobile devices to improve speed and accuracy. Inventories typically include raw materials, work-in-progress, finished goods, spare parts, and consumables; in accounting contexts, valuation and physical existence of these items influence financial statements.

Regulatory and accounting considerations vary by jurisdiction. In Finland, inventointi supports compliance with national accounting standards (such as K3/K5) and financial reporting requirements, with potential involvement from internal or external audits. Effective inventointi helps prevent shrinkage, supports procurement and production planning, and improves overall asset control.