stocktaking
🇺🇸
/ˈstɑːkteɪkɪŋ/
🇬🇧
/ˈstɒkteɪkɪŋ/
Counting and checking all the items in a store or warehouse
During the annual stocktaking, the store had to close for a day.
Carefully thinking about your own situation or position
After the project failed, it was time for some serious stocktaking.