The Elements of a Good Inventory System
Every company have inventory problem, every company will require the great system to manage their inventory so it will help you become more productive. But no matter how good you control, you are still fail if you don’t do some very basic things.
You may be able to improve on our recommendations or your enterprise may have to do things differently but if you follow our recommendations you’ll wind up with a pretty good system.
The Critical point of a great Inventory System
- Well Organized Location Names
- Location Labels that are easy to read, and unambiguous
- Unique, Short, and Unmistakable Item Numbers
- Units of Measure
- A Good Starting Count
- Software that tracks all inventory activity
- Good Policies
- Most Important: People who know and follow good policies
I will explain in my next post why these elements are so important.
Vivienne from www.mrp.com.my