MRO Parts — Inventory Audit

Find the stock you didn't know you had.

Inventory audit-ready in minutes. IFRS and GAAP compliant.

Mines carrying $50–200M in MRO inventory typically have 12–20% duplication — stock sitting in multiple locations under different descriptions that nobody recognises as the same item. This creates material misstatement risk for financial reporting and wastes capital on re-orders of parts already on hand. Struktive identifies every duplicate cluster and estimates the recoverable value before you clean a single record.

No account required. No credit card. First 50 records always free.

$10–16M

Typical duplicate inventory value in an $80M MRO catalog

12–20%

Average duplication rate in unmanaged mine-site parts catalogs

Minutes

Time to produce a full Duplicate Parts Report and inventory audit pack

Duplicate inventory is a material misstatement risk

External auditors flag duplicate inventory as a material misstatement risk under IFRS IAS 2 and GAAP ASC 330. A mine carrying $80M in MRO inventory with 15% duplication has $12M of misrepresented stock on its balance sheet. Struktive identifies every duplicate cluster and produces a signed, tamper-evident audit pack that external auditors can verify independently.

Five-tab inventory audit pack

SHA-256 fingerprinted at generation. Produced alongside the standard Duplicate Parts Report when you select "Generate Inventory Audit Pack" on any parts job.

1

Cover

Sign-off block with SHA-256 tamper-evident hash. Mine site, date, job ID, Struktive version. Total parts records, duplicate clusters found, estimated total duplicate value, inventory completeness score.

2

Duplicate Clusters

Full duplicate cluster report. Every cluster with part numbers, descriptions, UOM variants, and estimated recovery value. Confidence score per match. Recommended action per cluster.

3

Inventory Completeness

Per-record completeness check: part number present, description standardised, UOM valid, unit cost present, warehouse location assigned. Pass/Fail per record. Overall completeness score.

4

Reconciliation Summary

Site-level and warehouse-level summary. Total records, duplicate count, estimated duplicate value, completeness score by warehouse. Ready for stores superintendent sign-off.

5

Methodology & Limitations

Matching algorithm description, confidence thresholds, estimated value calculation method. Limitations statement: values are indicative — verify against current stock system before acting.

Every inventory audit pack is SHA-256 fingerprinted and stored with WORM-equivalent metadata. Verifiable at struktive.io/verify — chain of custody intact for external auditors and finance teams.

Compliance framework mapping

FrameworkRequirementStruktive evidence
IFRS IAS 2Inventories — accurate valuation of stock on handDeduplicated parts register with estimated duplicate value per cluster
GAAP ASC 330Inventory — lower of cost or net realisable valueInventory completeness score and reconciliation summary
ISO 55001Asset register completeness for MRO / consumablesInventory completeness tab — per-record pass/fail

Who buys this

Inventory audit is a finance and procurement conversation, not an IT conversation. The buyers are the CFO, Finance Director, Stores Superintendent, and MRO Manager.

CFO / Finance Director

Trigger: IFRS/GAAP inventory audit, balance sheet accuracy, external audit preparation

Key output: Signed inventory audit pack with estimated duplicate value — ready for external auditor review

Stores Superintendent / MRO Manager

Trigger: Stock rationalisation programme, warehouse consolidation, EAM data migration

Key output: Duplicate cluster report with recommended action per cluster, inventory completeness score

Group Controller

Trigger: Multi-site inventory consolidation, group-level balance sheet accuracy

Key output: Site-level reconciliation summary, aggregate duplicate value across sites

Procurement Manager

Trigger: Reducing re-order of parts already on hand, vendor rationalisation

Key output: Duplicate Parts Report with confidence scores — identify which duplicates to consolidate first

Run your inventory audit

Upload your MRO parts register as-is. Struktive returns a five-tab inventory audit pack with every duplicate cluster identified, valued, and signed — ready for your finance team and external auditors.

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