by Jon Schreibfeder | Oct 15, 2018 | Physical Inventory – Cycle Counting, Technology
Over the past three months, we have discussed the advantages of implementing warehouse management systems. This month we will explore how a WMS (warehouse management system) can help maintain an accurate inventory. It is critical that the quantities of an item in a...
by Jon Schreibfeder | Sep 16, 2016 | Order Cycles, Physical Inventory – Cycle Counting
Recently our articles have concentrated on inventory management. That is, the planning process: making sure you have the right quantity, of the right item, in the right location, at the right time. Successful inventory management leads you to reorder products when...
by Jon Schreibfeder | Nov 14, 2012 | Physical Inventory – Cycle Counting
I recently visited the distribution center of a large national hard goods distributor. This company is experiencing a significant problem with excess inventory in both their distribution center and their 100 store locations. We have to eliminate this excess...
by Jon Schreibfeder | Mar 15, 2012 | Physical Inventory – Cycle Counting
Counting inventory in your warehouse is neither a pleasant nor an easy task. Over the last four months we’ve discussed various methods of counting your products in order to maintain accurate information about what’s in your warehouse and available for sale. Last...
by Jon Schreibfeder | Mar 1, 2012 | Physical Inventory – Cycle Counting
Without accurate stock level information in your computer, effective inventory management is impossible. No matter what sophisticated tools you have in your inventory management system, if the computer thinks you have 100 pieces of an item, and there are really only...
by Jon Schreibfeder | Dec 1, 2011 | Physical Inventory – Cycle Counting
In order to receive all of the benefits from a good inventory management system, stock balances must be at least 97% accurate, every day of the year. This means that the actual available quantity of every item in the warehouse is no more than 3% greater or less than...
