27位库存管理专家揭示了节省仓库资金的#1库存控制方法

每个仓库都必须进行库存控制，但是有这么多库存控制方法可供选择，如果没有大量昂贵的试错（更不用说浪费时间），通常很难确定哪种方法适合您的业务。

有效的库存控制不仅可以节省您的仓库资金，而且还可以通过让您的客户在需要时访问他们需要的产品来提高客户满意度。当然，满意的客户意味着回头客——进一步提升贵公司的利润。

为了深入了解可以帮助您的仓库实现更精简运营和更健康底线的最佳库存控制方法，我们联系了一个库存管理专家小组并请他们回答这个问题：

“节省仓库资金的第一库存控制方法是什么？”

认识我们的库存管理专家小组：

道格·奥洛夫 安德烈·瓦西莱斯库 杰尼尔·帕特尔 罗宾·施瓦茨，PHR 詹妮弗·麦克德莫特 穆斯塔法·侯赛尼 艾比·帕金斯 斯拉詹·米什拉 蒂姆·史蒂文斯

迭戈·维拉多 克里斯·巴坦 乔治·克里赫 亚伦·摩尔 皮特·谢里丹 鲁本·卡茨 阿姆贾德·侯赛因 布兰丁·M·考克斯 惠布马特

罗伯特·德斯蒂法诺 博士。 Cozette M. White 艾丽莎·雷兹 琥珀富勒顿 斯科特·伯代 哈桑·阿尔纳西尔 托尼·多伊奇 斯蒂芬·保罗 陈瑞安

请继续阅读，了解我们的专家对可以为您的组织节省资金的库存控制方法的看法。

道格·奥尔洛夫

@Go_Amify

Doug Orlove 是 Amify 的运营副总裁。作为 VPO，他负责监督运营和物流并管理我们的办公室仓库。他在 Pepsico 和 Dole 以及现在的 Amify 拥有近 20 年的仓库管理和运营经验。

“通过需求计划确保最佳库存量是……”

保持高效产品流经仓库的关键。过多的库存量将增加处理和存储成本，而库存短缺会减慢订单履行过程并影响客户服务。通过采用信息共享等供应链管理概念，可以改进预测。销售点数据用于提供准确的基本需求水平。在基本需求之上分层季节性和趋势将提供对未来产品需求的准确预测。

安德烈·瓦西莱斯库

@DontPayFull

Andrei Vasilescu 是著名的数字营销专家，也是 DontPayFull 省钱平台的首席执行官。多年来，他一直为多家国际公司和各个品牌的不同在线优惠券提供尖端的数字营销服务。

“频繁的审计是必不可少的……”

经常对您的仓库库存进行核对可以通过不同的方式节省大量资金。定期审核仓库的库存将帮助您掌握库存状态。这些审计报告将准确地告诉您您的库存中有什么以及现有库存中每个项目的详细信息。这些细节将使您了解长时间保持静止的事物。这对于易腐烂的物品或即将到期的物品尤其重要；您可以采取必要的措施来避免因变质而造成的任何经济损失。此外，这种定期对账将帮助您妥善管理您的股票，您不会错过任何突然的盈利机会。因此，请定期对您的库存进行实物和账簿核对，以节省您的仓库资金。

Jayneel Patel

@Orderhive

Jayneel Patel 是库存管理软件 Orderhive 的董事总经理兼联合创始人。

“实际上并没有一种排名第一的库存控制方法来节省仓库资金……”

但是，企业需要应用一些实践来进行适当和成功的库存管理和控制。库存管理是经营任何业务不可或缺的一部分。对于任何零售商或企业主来说，库存都是最有价值的资源。库存管理就是在正确的时间、正确的地点拥有正确数量的产品。有许多方法可以实现良好的库存管理和控制。

1.设置标准水平

设置标准水平可能是一种可能的解决方案。面值水平有助于
您衡量您始终需要拥有的最低库存量。如果库存水平低于标准水平，那么您知道您需要订购更多该特定商品的库存，否则可能无法履行客户订单。

2.需求预测

主要动机是对产品的未来需求进行预测和估计，并为其寻找潜在市场。需求预测指定有助于应对需求波动的所需库存。

3.先进先出（FIFO）

先进先出的方法假设最旧的放在货架上的物品将首先出售。如果企业处理易腐烂的物品，如食品、药品、化妆品等，这种方法特别有用。先进先出对于不易腐烂的物品也是一个好主意。如果产品总是搁置在货架上，它最终可能会被磨损、过期或过时。

4.库存风险管理

所涉及的一些常见风险类型包括盗窃、浪费、商品损坏、收缩以及产品需求的突然飙升或下降等。关键举措是从供应链中的每个点实时收集所有重要数据，以确定薄弱环节和损失。

5. 审计和周期盘点

定期对整个库存进行大规模审计很重要。审核通过仓库中的每个项目；你说你有多少产品应该与你库存书中的信息相匹配。周期盘点是全面审计的更快速、小规模的替代方案。周期盘点又称部分审计，是一种将仓库划分为较小的部分，对库存进行盘点的库存审计方法。

6.库存管理软件

库存管理软件将为您提供实时数据，因此您确切地知道您需要多少或多少库存。在库存管理软件的帮助下，您的每一件库存都将被计算在内。它还会从收到订单的那一刻起跟踪您的货物，跟踪整个供应链的过程，直到它离开仓库进行运输。

罗宾·施瓦茨，PHR

Robin Schwartz 是 MFG Jobs 的管理合伙人/内容作家。

“节省仓库资金的排名第一的库存控制方法是……”

定期审核。库存的一致核对对于确保软件或楼层报告的准确性至关重要。重要的是要始终准确地知道您有多少库存。如果您的仓库处理有有效期的产品，则有必要定期审核此库存，以确保您遵循“先进先出”的原则，以防止任何不必要的变质。损坏的产品将花费仓库金钱。

詹妮弗·麦克德莫特

@JenMMcD

Jennifer McDermott 是个人理财比较网站 finder.com 的消费者权益倡导者。她在金融、生活方式和旅游行业拥有超过 12 年的经验，她分析了消费趋势。 Jennifer 喜欢发现有趣的见解和问题来帮助人们。

“有一些库存控制策略可以节省仓库资金……”

1. 创建平面图

平面图可让您直观地看到要存放物品的位置。创建平面图时，您可以将项目标记和组合在一起，以便在日常工作中更轻松地找到它们。平面图将帮助您利用您拥有的所有空间。通过战略性地组织，您可以更好地了解您拥有的物品，以防止过度订购物品。它还有助于确保员工的安全，这将使您免于支付如果员工在上班时间受伤时您将面临的任何法律费用。

2.设置标准水平

面值水平是您需要在仓库中拥有的最低库存量。当您的库存低于标准水平时，是时候订购更多了。通过设置标准水平，您可以确保始终有足够的库存来赚取利润。

3.注意你有什么库存

定期审核您的库存也有助于防止库存不足。尽管您可能使用类似于标准水平的系统，但重要的是要仔细检查以确保数字相加正确。维护您的库存可以帮助您避免以前以更便宜的价格订购的商品价格虚高。如果您需要紧急订购商品，您可能还会面临加急运费。

4.协商库存成本

您与供应商的关系几乎与您与客户的关系一样重要。一旦你找到了一个好的供应商，忠诚度就会大有帮助。如果您定期从一个供应商处订购，您可能有资格在未来购买时享受折扣价。与您的供应商建立良好的关系也将保证在商品损坏或延迟发货的情况下提供更多支持。

5. 检查您的交货情况

卸下货物时，请在将物品放在地板上之前记下您实际收到的物品。如果您为从未收到过的物品付款，不准确或损坏的物品可能会导致金钱损失。

6. 评估运输选项

确保您了解可供您选择的不同运输方式。由于缺乏信息，您可能会在运输上花费更多。

穆斯塔法·侯赛尼

@sbmh2001

Mostafa Hosseini 是 Persyo 的商务教练和顾问。

“节省仓库资金的排名第一的库存控制方法是……”

对您的库存进行 80/20 分析，了解哪些产品在销售，哪些产品在浪费您的空间，以便您摆脱它们。

这是一个例子：

产品名称、销量、销量百分比：

A	80	38.30%	38.30%
B	45	21.50%	59.80%
C	35	16.70%	76.50%
D	14	6.70%	83.20%
E	14	6.70%	89.90%
K	12	5.70%	95.60%
G	4	1.90%	97.50%
H	4	1.90%	99.40%
我	1	0.50%	99.90%
J	0	0.00%	99.90%
总计	209		100%

在这个例子中，我们可以去掉 G、H、I 和 J 产品，节省空间并从带来 80% 销售额的前 20% 的产品中补货。

使用这种方法，您最多可以节省 80% 的仓储成本。

艾比·珀金斯

@GlewAnalytics

Abby Perkins 是电子商务分析和 BI 平台 Glew.io 的内容总监。

“节省库存成本的最佳方法是……”

清楚地了解您的销售数据。如果您知道哪些产品在销售，哪些产品在您的货架上 – 您可以更深入地了解哪些产品在哪些季节销售，哪些产品在哪些渠道中表现最好，哪些产品与其他产品捆绑得很好，那些被退回的，以及您的商品销售成本、收入和利润是多少——您将能够就订购、促销，甚至在哪里分配您的营销资金做出更明智的决定。 Glew.io 连接您来自各种来源的所有销售和营销数据，并让您按高销量、高利润、最赚钱、折扣、冷热产品、顶级捆绑、最多退款、最多放弃等对产品进行细分，因此您可以始终如一地处理您的库存数据并保持低成本。

Srajan Mishra

@iSrajanM

Srajan Mishra 是 TSI Apparel 的首席执行官。他是一名电气工程师，但本质上是一名企业家。

“节省资金的库存控制方法之一是使用 ABC 技术……”

它用于确定应优先于其他项目的项目。它是通过将现有库存分为三个部分来完成的：A、B和C。

• A 价值高，销售频率低。
• B 价值适中，销售频率适中。
• C 价值低，销售频率高。

这将使您了解哪些项目更重要，以及即使是一个小错误也可能导致大问题。它还可以帮助设置仓库的布局。比如C组的物品比较受欢迎，所以放在离包装区更近的地方会更有效率。

蒂姆·史蒂文斯

@findmeagift

Tim Stevens 是 Find Me A Gift 的运营和物流经理。

“节省仓库资金的最佳方法之一是……”

跟踪仓库库存，我们通过周期盘点来做到这一点，也称为永续盘点 (PI)。

永续盘存是一个过程，其中仓库的一部分因任何库存移动而关闭，盘点库存，然后根据仓库系统检查该盘点。然后可以调查任何差异并进行调整。可以跟踪结果以形成库存控制 KPI，每周更新一次，以显示任何库存趋势和改进。

PI 可以每年多次提供全面库存，以帮助库存可用性并增强对库存水平的信心。

迭戈·维拉多

@罗氏

Diego Vilardo 是罗氏制药的国际贸易事务和海关法规副经理。

“部署端到端供应链可见性……”

当需要快速响应不断变化的市场需求和紧急的客户要求时，依靠电话或电子邮件来获得及时的更新并不是最好的控制方法。市场条件变化太快了。供应商和配送中心可能位于不同的时区。因此，需要能够实时访问库存和履行状态信息。这使得基于云的供应链网络成为敏捷库存管理的重要组成部分。作为个人建议：公司应消除组织内的孤岛，以充分利用端到端的可见性。通过关注客户和贸易伙伴而不是内部观察，在组织内部创建一种由外而内的思维方式。

Khris Bhattan

@RTG_解决方案

作为 RTG Solutions Group 的总裁，Khris K. Bhattan 的热情和成功在于领导团队解决问题、消除浪费、降低成本和提高效率。 Khris 是变革的推动力，他确定、开发、培训和实施确保组织在竞争激烈的市场中取得成功的系统。

“首先，应在仓库工人的日常工作中实施并嵌入可靠的 ERP 系统……”

假设 ERP 的功能，每日、每周或每月的库存周期盘点是仓库环境中节省成本的最佳控制方法。一个额外的好处是一个管理系统，它提供了在报告结构的每个级别上完全员工参与的机会。为了消除浪费的运营并节省资金，个人贡献者必须能够快速将问题上报给领导层，并让领导层快速将信息向下传递并跨工作流。

乔治·克里赫

@LOCATEInv

George Keliher 作为一名企业家和一名专门从事库存管理的小型企业顾问，从事零部件的制造和库存工作已有 30 多年。乔治在 LOCATE Inventory 上玩得很开心，以至于他的退休计划被搁置了。

“在仓库中省钱的最佳方法是……”

通过使用将最佳实践灌输到工作流程的每个步骤的库存管理软件。提供捷径和变通方法的程序通常会导致库存丢失、成本计算不准确，并最终导致利润损失。 The right software can make a big difference when it comes to keeping your business moving forward. Naturally, human-error (packing mistakes and other warehouse inefficiencies) can also plague warehouses, and having the right mobile inventory solution can help warehouses save money by being more efficient and accurate on the ground. Cycle counting is another best-practice that is a great way for warehouses to save money. It allows warehouses to cycle count any time of the day.

Aaron Moore

@oneclick

Aaron Moore has been the Fulfillment Manager at One Click for 10 months and graduated from Franklin College in 2012 with a degree in Business Management and Industrial Relations. He studied abroad in Hong Kong and has worked in leadership for 5 years.

“Cycle counting is the single most important aspect of inventory control…”

Although all inventory control methods are important, Cycle Counting allows for a more accurate representation of inventory levels throughout the year as opposed to one giant inventory count during the year. Stock levels need to be accurate for tax purposes and Par Value ordering, but the reason Cycle Counting is the most important is because it affects the customer.

A common issue facing retailers is inaccurate stock levels allowing a customer to purchase an item that is actually out of stock, giving the impression that the company doesn’t run a very tight business. Therefore, the consumer loses faith.

Without customers, companies and warehouses cease to exist. Businesses should stress inventory accuracy through Cycle Counting as a means of creating customer happiness.

Pete Sheridan

@PipeLaggingcom

Pete Sheridan is the founder and owner of Manchester-based Ryan Air Conditioning Spares Ltd, an Insulation &Air Conditioning Logistics company with multinational eCommerce Stores throughout the UK and Europe.

“In my experience, the #1 inventory control method to save our warehouses money is…”

Using the correct tracking software. To that end, and having worked with many down the years, we now swear by using Sage 50. It allows you to keep incredibly tight control over what you stock with the stock re-order levels. It adjusts our stock levels online after each stock take and optimizes our tracking and administration in real time.

It has had a significant impact on our bottom line. As such, it has to rank as our number one inventory control method at this time.

Reuben Kats

Reuben Kats is the COO/Web Design Sales Engineer /Customer Service/ Account Manager at GrabResults,LLC.

“In order to keep track of what comes on and off the shelves in your warehouse, one needs to…”

Set up a certain portal or dashboard where they keep track of their products. Any business that has hundreds of thousands of products should develop their own software where they can process all products as well as provide the business with transparency with the employees.

I used to work and help run a warehouse in the past and found that a lot of the employees were thieves. The business was losing money and couldn’t understand why. Developing a dashboard that prints out barcodes is a great way to keep track of all the products and make sure no one is tampering with your products. Some warehouses even hire security guards with wands that check the employees before they leave for home. GrabResults, LLC and Falcon Marketing, LLC build modern and custom software for clientele so they can integrate their products to their database and keep their inventory up to date. Our design is sleek, modern, and gets visitors purchasing from our clientele.

Communication is key when it comes to inputting inventory, quantities, and what is in stock and out of stock. Communication will be the reason why errors come up. I highly recommend all vendors input their data to a project manager and have the project manager manage the platform. I think it’s very important to market your products and have your vendors market your business as well with the same deal. The reason why most companies suffer is because the message isn’t clear from the beginning.

Multiple companies can advertise the same product, but the price is different. That can stir up some confusion regarding authenticity and other issues. If vendors want to help the business, they need to use their client’s marketing strategy. Magento is a great platform that can organize cash flow and one can always add more plugins to the backend so it can have QuickBooks and other integrations. In order to keep a great relationship with vendors, one should order in bulk so confusion doesn’t happen as often. If a business is buying once a week, the chances of having issues come up are more frequent. One should order in bulk maybe once a month or every couple months so they don’t need to keep adjusting quantities, RMAs, etc.

Amjad Hussain

@AlgomusAi

Amjad Hussain is the CEO of Algo.ai, an Enterprise AI company that has developed the world’s first Supply Chain Analyst Bot. Algo.ai uses Big Data, Machine Learning, and Artificial Intelligence to help retailers, manufacturers, and distributors with accurate Forecasting, Demand Planning, and Inventory Management.

“Prescriptive Analytics is the most powerful tool in optimizing
inventory…”

The explosion in the availability and accessibility of data is creating new opportunities for better decision making in applications of inventory control. Prescriptive analytics starts by predicting consumer demand and then using Machine Learning to recommend the optimal inventory levels to make the most profitable use of warehouse space. Demand is the key uncertainty affecting inventory decisions, which presents a huge opportunity to leverage transactional data combined with large-scale, publicly available data such as web search queries, reviews, and social media chatter to optimize inventory and improve warehouse profitability.

Brandyn M. Cox

@BMCaccountLLC

Brandyn Cox is the Owner of BMC Accounting LLC. BMC Accounting has been providing a comprehensive accounting solution to small and medium sized businesses since 2017. BMC Accounting LLC is an entirely virtual accounting service.

“Warehouses have to maintain and track costs accordingly to ensure profit margin demands are met…”

There are several strategies that a warehouse can implement to reduce costs, waste, and unnecessary labor. Just In Time Inventory, also known as JIT Inventory Method, is a method where inventory is ordered on demand at just the right time. The response is to order more inventory derived from market supply.

Many large corporations such as Toyota use JIT Inventory Method. This is in contrast to many companies who utilize a traditional warehousing method of holding large quantities of inventory. The traditional method costs more in rent or debt to own the property square footage, it incurs higher costs for utilities, and requires more employees to track and maintain the inventory’s quality. JIT Inventory Method allows for companies to order raw materials, finished goods, or intermediate inventory only when needed. Although the overall cost implementation of JIT Inventory Method is a cost saver, the initial cost may be prohibitive for some companies. For the JIT Inventory Method to work efficiently and effectively, there will need to be software systems created and shared with vendors, agreements in place with vendors for pricing per units under this method, and training of staff.

Aside from a major overhaul of traditional inventory to the JIT Inventory Method, a warehouse can also put into action other smaller scale practices. Bar coding and Radio Frequency Identification (RFID) will maintain inventory and track its status and location in the warehouse along with quantities on hand and what the par amount should be on hand.

Also, inventory management software is critical for warehouses in order to have an approved vendor list accessible, vendor catalogs, match purchase orders with packing slips and invoices, and to be able to purchase inventory when needed. By reducing warehouse overhead and square footage, the unused space could be used to rent to other companies who need an overflow for their warehouses, which will generate revenue that otherwise didn’t exist.

Huib Maat

@pairfum

Huib Maat is the in-house perfumer at Pairfum, a London based Artisan Fragrance House.

“We faced these challenges in our warehouse…”

• Large variety of components and ingredients
• Seasonality in the supply of ingredients (e.g., perfume oils) and seasonality of sales (e.g., Christmas)

For us, the single best tactic to optimize our supply chain, was to digitalize everything. In other words, everything received a barcode which allowed us to move the supply chain to the cloud.

Robert DeStefano

@GoIvanti

Robert DeStefano is a senior product marketing manager at Ivanti Supply Chain. He has more than 18 years of experience helping businesses understand the value of mobile technology solutions when it comes to boosting worker productivity and enforcing mobile security.

“Stockouts are a nightmare at any time of year, but…”

During the peak holiday season, the damage is magnified. Lost revenue, compromised customer satisfaction, negative press – a missed peak season can haunt a business for many years to come. So, how can businesses throughout the supply chain avoid a stockout? One of the ways is through supply chain convergence which will, over time, deliver great value.

When it comes to Black Friday, for example, the opportunity boils down to this:What if you could know when a truck carrying this season’s “must have” gift is 5 minutes from your loading dock? Blockchain – the centerpiece of supply chain convergence – will make this possible. Integration among warehouse management, enterprise resource planning, and transportation management systems – WMS, ERP, and TMS, respectively, can ensure that more stock is ordered in time, that staff is available to distribute it, and that the warehouse knows the exact arrival date (and time).

An integrated supply chain can ease the connection and sharing of data among systems and enable visibility across participants in your supply chain, which can ultimately result in time and cost savings for warehouses.

Dr. Cozette M. White

@MyFinancialHome

Cozette is the Founder and CEO of My Financial Home Enterprises, a global financial consulting firm providing comprehensive accounting, tax, and financial management services for businesses and individuals. My Financial Home has been featured in Forbes Magazine and named one of The Boss Network’s top 50 companies two years in a row.

“Managing the inventory is the number one thing that will save the organization money…”

This effort requires a conducive team that works together with one common goal – reduce inventory levels, increase working capital and liquid cash.

The team consists of a cost accountant, shipping and receiving, warehouse, product supply, buyers, and external auditors.

The team will need to ensure that they forecast accurately, manage inventory levels, use FIFO inventory method, manage the relationship with suppliers, and audit using the ABC method along with regular spot checks, physical counts, cycle counts and more. Implementing these steps to properly manage inventory and perform the steps routinely will save the organization money.

Alisha Raesz

@fourlane

Alisha Raesz is a specialist in accounting software for manufacturing businesses at Fourlane. She holds advanced certifications in QuickBooks Desktop, Enterprise, Online, and Point of Sale, as well as Acumatica ERP. She has worked with more than 900 small and mid-size businesses to optimize inventory and financial processes.

“Cycle counts (i.e., continuous partial inventory audits) are the best way to control inventory because…”

They provide constant updates on inventory status. Companies that are doing 1 or 2 full inventory audits annually are slower to spot discrepancies and thus will be slower to course correct. Businesses I’ve worked with who transition to cycle counts see immediate value as things that might go unnoticed until the end of the year are caught and documented on a regular basis. Quantity, location, expiration dates, and other important info is updated constantly, which provides a better customer experience and gives client-facing employees more knowledge and confidence. And it also eliminates the need to completely close down operations for 3-4 days to do a physical count, since cycle counts mean specific bins, lots, or warehouses are tracked on an ongoing basis during normal operations.

Amber Fullerton

Amber Fullerton is a Chief Customer Officer of One World Direct, an e-fulfillment and call center company with warehouses in California, Ohio, and South Dakota.

“The #1 inventory control method to save warehouses money is…”

Being rigorous with your inbound receiving process. If you always know exactly what you have coming in, and you optimize that process to minimize the chance of human error, you save yourself from so many of the headaches that can arise with inventory management.

Some easy wins to do this are asking manufacturers to separate SKUs when shipping product to eliminate manual sorting, using a labeling system and cross-checking counts with more than one employee to ensure accuracy. The real fun comes in being creative. When you take a look at what you’re receiving, identify the pain points, then brainstorm with your team to develop unique processes that minimize room for error.

Yes, forecasting software can be key as you develop enough volume to justify the time and expense, but your software is only as good as the data you input, so micro-managing your inbound receiving is the area we put the most focus on refining and improving to save money in the warehouse.

Scott Burday

@QSP_Trinity

Scott Burday is the President of Trinity Integrated Solutions.

“Barcode scanning is a fantastic tool for inventory management that can save warehouses money…”

Barcode scanning allows you to accurately track and record all the data about your inventory, sales, and shipments in real time. This inventory data can then be stored and easily referenced.

With a barcode scanning system, you always know an individual products status. You will be able to optimize when you order new inventory. This is even more important when you have multiple warehouse locations.

Finally, a barcode scanning system allows for a smooth integration with your accounting department. The benefits of barcode scanning are that you avoid costly errors from annual reporting and RFID errors, you will save time, and you can set these solutions up quickly.

Hassan Alnassir

@PremiumJoy

Hassan Alnassir is the founder and owner of the kids’ toy business, Premium Joy.

“The top inventory control method to significantly reduce warehouse expenses is…”

Automating the process of tracking the units. You should have a system in place that lists and tracks all items in the building by SKU, quantity, weight, dimensions, and storing location. The software used needs to account for any inventory units moving in and out of the warehouse when scanning the item’s barcode. Making the inventory tracking more hands-off reduces the number of workers needed, improves the accuracy of record keeping, and saves great deal of time, which essentially leads to significant money savings.

Tony Deutsch

@ConcannonCPA

Tony Deutsch, CPA, MT, CGMA, is a shareholder at Concannon Miller, a CPA and business consulting firm with offices in Bethlehem, Pa. and St. Petersburg, Fla.

“Perform inventory counts…”

First and foremost, your inventory must be correct and verified. Without an accurate inventory count, you don’t know what your true costs are, and if you don’t know what your costs are, you can’t control them. Your month end should always be counted and verified. After the first person counts the inventory, a second person should take a print out of the inventory and verify each item and sign off on the first count, or make corrections as needed.

Some business executives do interim inventories, either nightly or weekly. If you find that your interim costs are not in line with your monthly verified cost, you will need to take steps to insure the accuracy of the interim counts to avoid month-end surprises. Another good tool that can be used in the verification process is random surprise inventories.

Here’s another option that works well for larger companies with multiple departments or businesses:Once or twice a year, have each manager or department head count a different department’s or business’s inventory. In other words, pull a switch-a-roo and each employee will count the inventory of another department or business.

Some business executives say this is a good learning experience for their employees, as they get to see how other employees handle their inventory, and it also helps to alleviate the in-store blindness that affects employees when they see the same thing day in and day out. Some employees might even think of this as is a fun change of pace.

Stephen Paul

@imstephenpaul

Stephen Paul is a Content Creator at Orderhive.com, Stephen has always believed in giving his articles a whimsical flow. Quite obsessed with the high marvels at Dubai, he finally chose mountains over beaches. Being quite generous when it comes to penning down for Orderhive, Stephen never steps back.

“It’s really tough to figure out which method of inventory control really stands out on top…”

Every particular method behaves differently, depending on the type of products that are sold, selling strategy, size of the warehouse, etc.

Now, the ‘kanban system’ is the biggest technique that has systematically drawn inventory control towards betterment. The kanban system visualizes both the workflow and the actual work passing through the flow. It helps avoid supply disruption and overstocking of products or raw materials at any stage in the value chain.

But, to implement a kanban inventory control system in your business that can help you streamline your order management process and save warehouse space, you need to first carefully monitor your inventory. The entire process is slow, takes a lot of time, and requires patience, but is very much reliable.

Ryan Chan

@OnUpKeep

Ryan Chan is the Founder &CEO of UpKeep Maintenance Management.

“For warehouses who want to save money…”

The best practice for inventory control is inventory management. A mobile-first management system is ideal because it updates in real time and allows you to tag individual parts. Further, inventory efficiency is streamlined with ease of item count and purchase, and costly errors in stock – or lack thereof – are immediately reduced.

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