Blog

Inventory Management



The inventory management in a 3PL Distribution Center is a critical activity which will determine if the output flow will be efficient or will present problems. 

Clients give us their funds so that we are guarantors that they are in good condition and when presenting a balance, the client knows that what has been reported in reports, its also present physically. 


Nowadays, having an exact inventory can be the main element in a distribution operation which can make a competitive difference in the logistics market. With this we detail the best practices to achieve and maintain the main asset of an operation:

Cyclical inventory

As its name defines it, it is a count of the physical inventories planned to be executed several times during the course of the year or fiscal year. It can be planned according to the need of each company on a monthly, bi-monthly, quarterly or semi-annual basis. 
Additional variables can be included such as counting by location, family / product franchise and / or by high / low turnover. The combination of frequency and type of counting depends on the industry and the value of the product. 


The main advantage of the cyclic count is the debugging of inventory errors. If a failure of any kind occurs, it is easier to identify, locate, act on and correct these errors at the time of submission rather than letting them accumulate to fully enter together at the end of the year.

Design assortment and replenishment areas

Minimizes the dead time of movement of the distribution process by maximizing productivity and improving inventory control.

Categorization of Products

An adequate categorization helps to locate / identify / classify types of products that allow maximum efficiency in the management of the same, allowing to measure and improve the productivity of your equipment.

Automate

The less manipulation in the manual flow, the more accuracy you will have in your inventory and control of it. More and more we have to focus on Automation.



Being able to focus on these 4 points improves the supply chain since it would help to lower costs, allowing programming and coordinating low levels of stock, controlling the processes that do not add value (waste) and maximizing the productivity of the process.





12 comments:

  1. Your article contains very much information about the Inventory Management. Your article is very informative and nicely describes the process of Inventory Management. Thank you for sharing this article here. Inventory Management Software Companies in USA

    ReplyDelete
  2. Good work, which you have shared because you have mentioned Inventory Management information in your blog, it is not easy to find anywhere. Thank you so much for this article. used warehouse equipment

    ReplyDelete
  3. The post you have shared here about inventory management. It is really informative and very understood to be read, Thank you. As we provide Industrial Warehouse Shelving Sydney then visit on industrialshelvingandracking.com.au

    ReplyDelete
  4. This blog is so nice to me. I will keep on coming here again and again. Visit my link as well.. paypal kontoauszug einsehen

    ReplyDelete
  5. This is excellent information which is shared by you. This info is meaningful and important for us to increase our knowledge about it. Keep sharing this kind of information. Thank you. Heavy Duty Industrial Shelving Racks

    ReplyDelete
  6. Excellent post. I really enjoy reading and also appreciate your work. This concept is a good way to enhance knowledge. Keep sharing this kind of articles, Thank you. pallet racking greensboro

    ReplyDelete
  7. You've shared some incredibly useful information about Household Storage Solution. This is frequently a terrific way for us to broaden our knowledge while remaining useful. Thank you for bringing this article to our attention.

    ReplyDelete
  8. You've shared some incredibly useful information about Household Storage Solution.This is frequently a terrific way for us to broaden our knowledge while remaining useful. Thank you for bringing this article to our attention.

    ReplyDelete
  9. Traffic signals are the most well-known, which include the red "stop" light, the yellow "alert" light, and the green "go" light. Traffic to work

    ReplyDelete
  10. You've contributed some amazing photographs in this post about Inventory Management. Thank you so much for sharing it. Keep up the good work.

    ReplyDelete
  11. This is a good post. Thanks for sharing with us, Excellent work and i really appreciate to your work. we also provide service for 3pl warehouse management in Osaka. for more info visit our website.

    ReplyDelete
  12. It is what I was searching for is really informative. It is a significant and useful article for us. Thankful to you for sharing an article like this. Warehouse Pallet Racking Melbourne

    ReplyDelete

Powered by Blogger.