It is not possible to run a warehouse of any size these days unless you have some kind of computerized system. This means not only having a barcode scanner but the kind of software that can keep you in touch with your stock levels.
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Inventory Management Software
Barcode scanners are handheld devices that can be used in all areas of a warehouse. The figures that the software manages can be seen by everyone from warehouse staff to management, who can make buying decisions. To make an informed decision regarding stock levels, there needs to be an efficient method of recording and managing those figures. This is where inventory management software proves so useful. It allows for a business to immediately know at any time and from anywhere just what its stock levels are in a particular warehouse. A system of inventory software will allow for the stock levels from several warehouses to be recorded and be taken into account when forming the bigger picture. The efficient running of a business that handles stock relies on all operations working as efficiently as one another.
Barcode scanners are an accurate and fast way of recording stock levels. The inventory software that is purchased will mean that information can be kept track of and displayed in a meaningful way. The information will be there whenever it is needed to be looked at and reviewed. It needs to be accurate so that the right kinds of stock are in the warehouse at any point in time. If an order cannot be fulfilled because stock levels get too low it has the potential to lose a customer. Conversely, if too much stock is kept, it will mean money tied up that could have been used better elsewhere in the business.
Order Stock Stored In
A stock control system should bear in mind the life of a product. With perishables, for instance, the oldest stock should be the first to be dispatched from a warehouse. In these instances, a Just In Time system, rather than a First-In, First-Out system might prove the most effective. This will mean that stock will arrive and hardly spend any time in the warehouse at all. This will rely on good inventory software to record the stock quickly and keep track of it for the short period it is in a business’s possession. It is an ideal system for supplying food outlets.
Best Use of Space
The layout of a warehouse is all-important. Ideally, a business should have equal access to all areas of a warehouse. This is not because the stock will be forgotten, this is the purpose of a barcode scanner and inventory software, but because this saves moving stock around that is not selling to gain access to that which is. It is all about the best use of time. If space is a premium, then be sure to put the stock at the back that sells less frequently but is sometimes asked for by suppliers. You need to stock these items to keep your supplier happy but do not need frequent access to them.
To run a warehouse effectively is not just about knowing what stock you have but making the best use of the information. Where possible, co-ordinate delivery times so that staff can always be kept occupied. This control is best achieved where a company owns or leases a fleet of delivery vehicles. There are also a lot of tools to use with fleet operations like that found at this site https://www.lytx.com/en-us/resources/articles/telematics. Research on these tools will make it apparent that managing a fleet can be made easy and organized. Otherwise, a business is always reliant upon someone else’s timings.
In summary, the use of dedicated software is the best way to manage a stock inventory because the figures are always up-to-date, accurate, and can be viewed from several locations. To add to this, we should think about the order we have the stock coming and going out of the warehouse in, and how accessible the stock most in demand is. Then, plan so that we co-ordinate deliveries to our warehouse so that work is spread out evenly for staff. This is better achieved through having delivery vehicles that the business controls.