WAO’s Articles

Stocktaking typically applies to businesses that manufacture, buy, sell or exchange physical goods. Whether perpetual or periodic, a physical verification of stocks available in the shelves or in the warehouse is an indication of efficient supply chain management. Stocktaking is a fundamental aspect of inventory control regardless of the technique executed to perform it.

The Victorian government launched a $20 million initiative called the Small Business Digital Adaptation Program that aims to support sole traders as well as micro and small businesses that operate in Victoria.