Can inventory cycle counts completely replace stock-take in an organization? Any manufacturer, distributor or warehouse manager is familiar with the concept of physical stock-take. While essential to maintaining inventory accuracy, it can be a disruptive process that causes down-time for business and leaves a lot of room for inaccuracy. Inventory cycle counts, on the other hand, can complement or replace an annual stock-take exercise while improving day-to-day stock management and accuracy. Any strategy for verification of physical stock must include considerations for internal accounting and audit requirements.