What is the first step in the process of receiving and inspecting inventory?

The first step in the process of receiving and inspecting inventory involves checking shipments against purchase orders. This initial verification process is crucial because it establishes whether the items received match the quantities and descriptions specified in the purchase orders. By comparing physical shipments with the documentation, any discrepancies such as missing items, incorrect goods, or overages can be identified at the outset. This step ensures that the inventory records will be accurate and that the business is not accepting incorrect or damaged items, setting the stage for subsequent actions like inspecting items for damage and updating records. Properly aligning inventory with purchase orders is foundational for effective inventory management and maintaining operational efficiency.