Inventory control aims at two basic objectives: to minimize the cost of storage and to provide excellent customer service. The availability of an excellent stock and the constant and correct balance of stocks are fundamental for the company’s profitability. The…
The physical inventory is basically used to have better control over the inventory. In this way, the warehouse is managed more efficiently, which translates into better customer service and greater competitiveness of the company. It is therefore imperative that a…
COVID-19 has created problems in many industries where some of their skills have to be shaped while opening the door to a new world for the Supply Chain. The emergence of e-commerce and the birth of the digital evolution have…
The moment of making an inventory begins weeks and even months before the physical taking of it, especially when it comes to the ending inventory of each year. Inventory is not impulsively counting the stock of a warehouse, but a…
It is recommended that companies take an annual inventory to keep their records up-to-date and to help you analyze how things have developed during the year. An annual inventory is not as simple as it sounds and should be well…
The opportunity to take inventory begins weeks or even long before your physical intake, particularly with respect to the last inventory of each year. Taking inventory is not an impulse to know the stock of a warehouse, however, it is…
The basis of all commercial companies is the purchase and sale of goods and services; from here comes the importance of inventory management by it. This inventory management by inventory management companies in India will allow the company to maintain control in…
It is necessary to have an efficient administration to have proper management of the inventory in logistics. This allows determining the ways and times of delivery of the goods that a company sells. Although each company is different, and many…
Inventory is the heart of any company that markets tangible products regardless of size. Maintaining a stock that allows you to fulfil all customer orders in a timely manner is essential to achieve the sales goals of the company, remember…
Administrative errors These failures occur without bad intent on the part of the employees. Still, they can bring problems to the company without wanting to. A common mistake is to forget to register the output of products. On the one…