Experiential Learning – Stock Audit
TIMSR’s Operations Department organized an experiential learning activity in the form of a stock audit for the finance and operations students of MMS Semester III (Batch 2023-25) on 20th October 2024, in collaboration with JHS & Associates LLP (Chartered Accountants).
The audit took place at the Maruti Suzuki and Bajaj Motors warehouses in Mira Road, managed by Sai Services. This hands-on activity provided students with practical exposure to auditing processes, focusing on inventory management, stock verification, and operational efficiency in a live warehouse environment. By engaging directly with industry operations, students gained insights into inventory control, the importance of stock accuracy, and the strategic role of audits in ensuring operational and financial integrity. This initiative also bridged the gap between theoretical knowledge and industry practices, preparing students for careers in finance, operations, and supply chain management while offering a comprehensive understanding of warehouse operations.