If you ever have a chance to see an Amazon warehouse in operation, then take it. They have perfected the science of inventory management into a seamless operation that is constantly flowing with inventory. The speed with how they operate is also something to marvel at. Just think of how many products you can order that can be delivered within hours. Even though your small business might be humbled by their inventory management practices there is a lot you can do to improve your situation even if you’re operating with a single stockroom. Consider the following:
Label Everything
Setting up a storeroom to replenish a business is different than setting up an area that is primarily used for shipping. However, they both require proper labeling. The goal should be that you can send an employee on their first day into the stockroom to find something and they won’t have a problem because everything is labeled. You can adapt your own system for your inventory that can be based on alphabetical title, topic or assigned code numbers.
Track and Replenish
It is frustrating to go grocery shopping for a particular item only to find that it has been sold out. Perhaps that is a hot selling item and you’ve missed out on a special sale. More often it is a case of the store not keeping track of what they’re selling and responding with replenishing the order. That can be avoid by keeping track of what is selling on a daily basis. There are plenty of operating systems that will allow you to track sales down to the item. If you see stock dwindling, then you should consider reordering before you sell out not after. You don’t want a customer going somewhere else for that item!
Make Room
On receiving day, it is easy for a small business to be overwhelmed by the arrival of new product. This is why it is vital to make room in your storage area by clearing out the rubbish. Junk King Columbus can certainly help with that. Whether you need to get rid of damaged goods or things that can’t be returned, they can all be quickly loaded onto the Junk King truck for fast removal. One session with Junk King Columbus can help you reclaim a lot of shelf space in your storeroom for new inventory. That’s smart business.