3 tips for better inventory management

3 tips for better inventory management

Inventory management is the key that holds warehouse operations together. Without an accurate, organized, logical and efficient inventory management plan, all other parts of the distribution process are delayed. By addressing a few key areas and making the right changes, even an underperforming facility can move toward proper inventory control.

Below are 3 key tips for maintaining effective inventory management:

1. Be consistently accurate

At its core, inventory management focuses on accuracy. Incorrectly counted products can cause numerous problems, so it is best to avoid them by maintaining a high level of accuracy. To ensure that physical counts remain consistent with the digital ledger, inventory must:

• Told twice when they bring him through the door.
• Added to computer systems.
• Placed on your shelf or in your container, when any quantity is picked and packed
• Perform a comprehensive inventory count monthly or weekly.

2. Always be organized

The only way to be accurate is to be organized. This means building shelves and bins in a way that leaves enough space to house inventory in an organized manner. Having a large pile of product spread out does not lend itself to quick or correct counts. Instead, take the time to arrange the items on the shelves in rows so you can easily count them at any time. Another important step is to organize areas or products before they become a mess. If a certain area is messy, fix it now. Don’t expect or assume that everything will be fine, make sure each section of the warehouse meets high standards of organization at all times.

3.Make it logical and efficient

Although it may require moving shelves or relocating inventory, it is worth the effort to organize things in a logical and efficient layout. If a certain product is picked up and shipped multiple times a day, make sure it is not too far from the shipping area. It may be beneficial to establish a section of “high-use” bins and shelves to hold items that are frequently ordered or shipped. Also, place heavy objects in the background and place them so that they do not need to be moved to be counted. Take the time to think about the floor plan so that it creates a streamlined workflow that avoids climbing, walking, moving, or unnecessary foot traffic.

Path to effective inventory management

Get started on the path to better inventory management. Practice the tips above to achieve greater precision, organization and efficiency to transform your warehouse operations. For more advice on how to improve your inventory management, contact us for a no-obligation conversation.