In some embodiments, apparatuses and methods are provided herein useful to monitoring and reconciling inventory. In some embodiments, there is provided a system including: an inventory location for one type of merchandise item intended for the inventory location； a first sensor configured to collect data regarding the presence of the merchandise item at the inventory location； a second sensor configured to collect identification data of the merchandise item at the inventory location； a memory configured to store the identification data； a database including identification information corresponding to the merchandise item intended for the inventory location； a control circuit configured to: compare the identification data collected by the second sensor with the identification information from the database corresponding to the merchandise item； verify that the identification data from the second sensor corresponds to the identification information from the database； and calculate a quantity of inventory at the inventory location.
