Remove stock-take-or-cycle-counting
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10 Inventory Control Techniques That Are Evergreen

SCMDOJO

The primary goal of inventory control is to reduce the costs associated with holding stock. By employing the right Inventory Control Techniques, you can ensure that your business maintains a sufficient stock level to meet consumer demand. Inventory Control Techniques also help prevent issues like dead stock and spoilage.

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Your Blog Post FMCG:Top 10 Smash Hits of Warehousing & LogisticsTitle Here.

Enchange Supply Chain Consultancy

Those slow moving or seasonal items (in that case why do you have ANY stock?) Alliyah bringing us Age Ain’t Nothing But A Number stays at number 6 – your WMS must be capable of carrying out stock ageing analysis to prevent losses from expired products. You have to get stock in at the same time as you move stock out.

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Supply Chain Department – A Typical Structure

SCMDOJO

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Improved Customer Satisfaction A structured department is better equipped to handle customer demands.

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What’s the Big Deal About Cycle Counting?

Talking Logistics

Some never check, some shutdown operations to do a full check, and others have a robust approach to cycle counting. Some never check, some shutdown operations to do a full check, and others have a robust approach to cycle counting. The only debate will be the size and scale of the problem. Why not 100%?

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6 Inventory Management Best Practices

AB&R

Labeling racks and locations is essential in taking inventory and helps you better associate your products to their locations. . Organize Your Stock to Match Demand . One excellent way to increase efficiency is to organize your stock based on its popularity or even seasonality. Automate Inventory Taking .

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11 Inventory Management Best Practices

Supply Chain Game Changer

ABC analysis helps supply chain leaders understand stock activities and how space utilization contributes to overall cycle times and productivity. Tackle Surplus Stock. Another issue in the modern supply chain is surplus stock. In the global, e-commerce driven economy, the surplus stock is both costly and risky.

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Inventory Accuracy : Ensuring inventory accuracy against the plan is critical for minimizing problems such as stock-outs and lost sales and ultimately customer satisfaction. Outbound KPIs.