Inventory accuracy in a warehouse is one of the most important aspects of running a storage facility. Without an accurate inventory, things would go wrong with the operations. It would probably lead on to something more serious such as customer complaints and decline in warehouse productivity. To avoid these, here are 4 effective ways to maintain inventory accuracy in a warehouse:
1. Optimize your operations.
First of all, inspect how your warehouse operates. Review your processes and make sure that everyone follows their protocols. Keep your technologies working and updated to make processes more accurate and consistent.
2. Do cycle counts.
Cycle counting is the process of perpetual inventory counting that involves doing inventories for small sets only. It would be best to do this for a more accurate yealy inventory. Also, remember to prioritize the most important stocks or goods first.
3. Follow target dates.
Inventory accuracy in a warehouse could surely be attained through following cut-offs and deadlines. Never let your orders arrive late. Processes that needs to be delivered must be on a calendar so the people responsible for these processes could be reminded of.
4. Do reports.
Monthly or quarterly, generate reports in the different processes and transaction made within the warehouse. It will be easy to maintain inventory accuracy when you have documents to support the system.
5. Train and inform your employees.
Not all things work through machines and equipment. The people in a warehouse should be the ones responsible for inventory accuracy. These employees should be aware of the different rules and protocols in a warehouse. They too should have enough knowledge and experience in this kind of industry.