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Any company that needs a warehouse to store inventory has a lot to manage. It is easy to keep track of things in a small retail store or café but once you’re dealing with a warehouse you’re in the big leagues. Here are some tips to help improve your warehouse inventory management:
Put Cycle Counts to Work
Every business goes through some sort of annual physical inventory count to square the books. It might help to increase those counts to quarterly reviews. This will also help you take notice of any upticks in sales of a new item and to see what’s not moving off those shelves.
Minimize Unauthorized Traffic
The bigger the warehouse, the more likely someone can just wander in off the street and make off with inventory. You can eliminate that risk by having your warehouse workers wear something identifying like a uniform shirt or lanyard. You should then establish a policy of every worker to ask why someone is in the warehouse that isn’t wearing the ID.
Label Everything
There isn’t a “once system fits all” approach for labeling inventory. It is your warehouse so whatever works for you is what you should use. The goal should always be that any new employee can walk into the warehouse and find the inventory they’re looking for without wasting time or asking for “directions.”
Make Room for Receiving
The reason you’re in a warehouse to begin with is because you needed more space for inventory. That starts with receiving. You want to make sure your receiving area has the room it needs to get the job done and that includes office space as close to the area as possible. Putting them at the opposite end of the warehouse isn’t efficient at all.
Making room also means clearing out the unwanted rubbish. It is an accepted part of every business that there will be items that are either damaged or taken as a loss. That doesn’t mean you have to hold onto them especially if they’re several years old. A quick junk removal session with Junk King Chicago West could be the solution you’re looking for to help make more space in your warehouse. These are the junk hauling pros who can clear out any space in no time at all. Your inventory management will improve after Junk King Chicago West has cleared out all the unwanted rubbish. Book them ASAP.
