{"id":174,"date":"2020-04-15T07:41:18","date_gmt":"2020-04-15T07:41:18","guid":{"rendered":"https:\/\/www.cac.net.in\/blog\/?p=174"},"modified":"2024-10-11T17:34:45","modified_gmt":"2024-10-11T12:04:45","slug":"recommendations-to-avoid-that-the-physical-taking-of-the-inventory-is-a-failure","status":"publish","type":"post","link":"https:\/\/www.cac.net.in\/blog\/recommendations-to-avoid-that-the-physical-taking-of-the-inventory-is-a-failure\/","title":{"rendered":"Recommendations To Avoid That The Physical Taking Of The Inventory Is A Failure"},"content":{"rendered":"\n

The opportunity to\ntake inventory begins weeks or even long before your physical intake,\nparticularly with respect to the last inventory of each year. Taking inventory\nis not an impulse to know the stock of a warehouse, however, it is a designed\njob that needs planning and order. Here are 10 basic tips to prevent inventory\nmanagement from failing:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

1. Separate your stocks<\/strong><\/p>\n\n\n\n

It is necessary to have specific areas for each type of inventory: raw material, merchandise in process and finished merchandise. Before continuing the counting plan and handing over all the work to inventory management company in India<\/a>, confirm that each item is in its proper warehouse.<\/p>\n\n\n\n

2. Sort your stocks by item type<\/strong><\/p>\n\n\n\n

As an example, in a\nraw materials warehouse of an organization that produces footwear, specific\nareas should be determined for skins, soles, glues, etc. It should be borne in\nmind that the storage of volatile, flammable and\/or dangerous goods must be\ncarried out by qualified personnel who guarantee their correct treatment.<\/p>\n\n\n\n

At this point, you\nmust perform 2 activities that are of great importance: verify that the\nmerchandise is finished, obsolete and\/or broken and verify that the packages\ncontain what they claim to contain and are not empty boxes. <\/p>\n\n\n\n

Once these tasks are\ncompleted, the company’s administrators and\/or accounting advisers should be\nconsulted about what administrative and legal treatment is given to these\ninventory losses. <\/p>\n\n\n\n

3. Group similar items<\/strong><\/p>\n\n\n\n

When the product is\nclassified by type of article, each specific article must be analyzed,\nconfirming that different items are not grouped and that there are no articles\nscattered in different areas.<\/p>\n\n\n\n

4. Establish units and counting methodology<\/strong><\/p>\n\n\n\n

This perspective that\nseems to be so clear sometimes has its entanglements or can be seen by\ncompletely different optics. The important thing is to decide on a uniform and\nconsistent unit of measurement, to avoid an individual counting liters and\nother gallons, for the same item, or for a group to “use” eight hours\nto count an item that is not so relevant.<\/p>\n\n\n\n

5. Check returned or unconfirmed items<\/strong><\/p>\n\n\n\n

Many organizations\nhave explicit zones where they keep customer returns or unverified purchases\n“on hold” before placing them in the appropriate warehouse. Check\nthat this area is not full and that there are no pending items to incorporate\nin the corresponding shelves.<\/p>\n\n\n\n

6. Verify internal movements and pending\ndeliveries<\/strong><\/p>\n\n\n\n

The internal movements\nof inputs, like the sale of the final merchandise to customers, must be\ndiscarded a minimum of 2 days before the count, verifying that there is nothing\nin transit between the departments or undelivered sales.<\/p>\n\n\n\n

7. Use counting labels or implement barcode\nreaders<\/strong><\/p>\n\n\n\n

When you have sorted\neach of your stocks by type, model, and size, and you have defined all the\ncounting units, the counting labels should print. It is appropriate to explain\nthat this step is not important for organizations that have barcode readers,\nRFID readers, or other automated information gathering systems, where stock\ncapture is done through optical systems.<\/p>\n\n\n\n

The counting labels must be produced by the stock management software and it is an amazing opportunity to see that all things are incorporated into the system. They will have an original and a copy and must be placed with adhesive tape on each of the items handled by the inventory management firm.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 a designed job that needs planning and order. Here are 10 basic tips to prevent…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[9,8,52,6,7,37],"class_list":["post-174","post","type-post","status-publish","format-standard","hentry","category-inventory-management","tag-inventory-management-best-practices","tag-inventory-management-companies","tag-inventory-management-company-in-india","tag-inventory-management-for-small-business","tag-inventory-management-services","tag-warehouse-inventory-management-system"],"_links":{"self":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/comments?post=174"}],"version-history":[{"count":3,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/174\/revisions"}],"predecessor-version":[{"id":178,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/posts\/174\/revisions\/178"}],"wp:attachment":[{"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/media?parent=174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/categories?post=174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cac.net.in\/blog\/wp-json\/wp\/v2\/tags?post=174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}