Final answer:
Inventory counting is the process of manually tallying the supplies in stock to verify recorded inventory levels. Common packaging quantities such as a six-pack or dozen aren't necessarily relevant to this count, as inventory counting deals with actual stock numbers.
Step-by-step explanation:
The process of counting the supplies in stock is known as inventory counting or a physical inventory count. This process typically involves going through the items in stock, counting them one by one, and recording the quantities to ensure that the physical count matches the recorded inventory levels in the company’s database.
Manufacturers, retailers, and other businesses often perform inventory counts regularly to ensure accurate inventory records, which is necessary for managing supply chains, financial reporting, and understanding product demand. While units like a six-pack of soda, a dozen of eggs, or a gross of pencils represent quantities of items for sale, inventory counting focuses on the actual number of products on hand, which may not be neatly packaged or in standard quantities.