Damaged inventory, inaccurate inventory counts in addition to other inventory-related issues occur everywhere; from the pocket-size work concern that houses bicycle parts to the 1 million-square human foot best-in-class facility alongside automated storage in addition to retrieval systems. Identifying the root drive of these inventory issues becomes business office of the procedure improvement excogitation to decrease or eliminate them altogether.
1. Inaccurate Quantities
Inaccuracy remains i of the biggest problems facing all warehouses. Inaccuracy takes shape inwards many forms, such equally inaccurate quantities, inaccurate storage locations, inaccurate pricing in addition to inaccurate identification. At to a greater extent than or less indicate inwards time, most companies sense an inaccurate quantity of i or to a greater extent than products inwards their warehouse. This happens really oft alongside retail companies, particularly big-box retailers that own got millions of production stock-keeping units, or SKUs. Often, an inaccurate quantity of products stems from i of the other areas of inaccuracy. An particular placed inwards the wrong location of a warehouse tin larn overlooked when searching for inventory. This leads to an inaccurate count of the inventoried item.
2. Capacity
For warehouses large in addition to small, capacity issues oft equate to inventory issues. Often when a warehouse becomes crowded alongside pallets in addition to cases of inventory, basic rules for managing the warehouse larn overlooked. In an elbow grease to shop to a greater extent than inventory, products oft larn damaged, lost in addition to non accounted for inwards the inventory management system. Storage problems tin likewise arrive at obsolete inventory issues. Influenza A virus subtype H5N1 society may own got i carton of a production left but is unable to notice it because of storage problems. The production in addition to therefore becomes obsolete in addition to gets written off the company’s residuum sheet.
3. Damage
Inventory typically gets handled multiple times inwards a warehouse. Each fourth dimension it gets touched or moved it becomes susceptible to damage. Many companies seek to recoup to a greater extent than or less of the fiscal lose of damaged inventory past times selling it at substantial discounts to the public--think most those slice of furniture liquidation centers that sell scratch in addition to dent merchandise. Damaged inventory happens inwards numerous ways. If a society experiences an abundance of damaged inventory it should visit additional employee grooming along alongside conducting a root-cause analysis to arrive at upwards one's heed the root of the problem.
4. Product Identification
Warehousing inventory issues occur when inventory arrives alongside wrong labels, barcodes, production SKUs or packaging. For example, an orangish plastic loving cup has an SKU of ABC123 spell a bluish plastic loving cup has an SKU of DEF456. Both cups are packaged 100 units per carton. The exterior of each carton includes the product’s SKU in addition to description plus a barcode for scanning the production into the inventory software. Upon arrival, the warehouse scans the barcode on the cartons marked orangish plastic cups, but the manufacturer inadvertently placed the bluish plastic cup’s barcode on the cartons. The warehouse personnel bring the barcode scan without verifying the box contents. This human activity creates an immediate inventory discrepancy.
5. Training
Unfortunately, a large number of warehouse inventory issues results from improper or a consummate lack of employee training. Typically, issues involving inventory accuracy, harm in addition to production identification tin larn traced dorsum to human error. Improperly trained warehouse personnel arrive at inventory issues that better-trained personnel regularly avoid. For example, an under-qualified forklift driver is to a greater extent than probable to harm products during inventory pose away in addition to retrieval than an experienced forklift driver. Proper grooming increases a warehouse’s efficiency in addition to productivity in addition to decreases inventory management issues.
Source:
Warehouse Inventory Issues
by Kenneth Hamlett : http://smallbusiness.chron.com/warehouse-inventory-issues-4038.html