Automotive Parts Inventory Audit Checklist Template

Keep your auto parts inventory running smoothly! This checklist helps ensure accuracy, minimize loss, and maximize profits. Perfect for mechanics, dealerships, and parts suppliers. Download now and drive your inventory management to the finish line!

This Template was installed 4 times.

Preparation & Scope

1 of 10

Initial steps and defining the audit's boundaries.

Audit Date

Audit ID

Audit Location

Audit Type

Auditor Name

Audit Objectives

Scope of Audit

Physical Inventory Count

2 of 10

Detailed verification of parts on hand.

Part Number

System Quantity

Physical Quantity

Discrepancy?

Discrepancy Notes (if applicable)

Condition

Bin Location

Date of Count

System Inventory Reconciliation

3 of 10

Comparing physical counts to system records.

System Quantity of Part #12345

Physical Count of Part #12345

Quantity Variance (System - Physical)

Variance Explanation (If Applicable)

Additional Comments on Reconciliation

Date of System Inventory Record

Reason for Discrepancy (If Any)

Unit Cost (System)

Condition & Shelf Life

4 of 10

Assessing the quality and usability of parts.

Part Condition (Select all that apply)

Quantity of Damaged Parts

Description of Damage (if any)

Date Code/Expiration Date

Days Until Expiration (calculated)

Shelf Life Status

Photo of Expired/Damaged Parts (Optional)

Location Accuracy

5 of 10

Verifying correct placement of parts within the warehouse.

Bin Location Verification

Part Location Status

Quantity Discrepancy (if applicable)

Notes on Location Issues

Rack/Shelf Condition

Receiving & Shipping Records

6 of 10

Reviewing documentation for accuracy and completeness.

Receiving Date

Purchase Order Number

Quantity Received

Condition of Goods Upon Arrival

Receiving Notes/Comments

Shipping Date

Shipping Quantity

Shipping Carrier

Tracking Number

Obsolescence & Slow-Moving Items

7 of 10

Identifying parts with low demand or nearing end-of-life.

Quantity on Hand

Obsolescence Risk Level

Last Sold Date

Days Since Last Sale

Reason for Slow Movement/Obsolescence

Recommended Action

Estimated Disposal Cost

Security & Loss Prevention

8 of 10

Evaluating measures to prevent theft and damage.

Are security cameras functional and covering key areas?

Is access to the inventory area restricted to authorized personnel?

Estimated monthly loss due to theft/damage (USD)

Which preventative measures are currently in place?

Describe any observed security vulnerabilities or concerns.

Are inventory tags consistently applied and legible?

Date of last security system maintenance

Findings & Recommendations

9 of 10

Documenting discrepancies and suggesting improvements.

Summary of Major Discrepancies Found

Total Value of Inventory Discrepancies (USD)

Areas Requiring Process Improvement

Specific Recommendations for Corrective Actions

Target Date for Corrective Action Implementation

Risk Level Associated with Findings (Low, Medium, High)

Responsible Party for Corrective Action

Completion & Sign-Off

10 of 10

Final review and authorization of the audit.

Audit Completion Date

Audit Completion Time

Auditor Signature

Auditor Name

Reviewer Name

Reviewer Signature

Summary of Findings (brief)

Overall Audit Result

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