The main issue with warehouses is the loss of control, which leads to chaos. The most significant impact on work quality is the inability to find specific goods or parts and the confusion regarding which order is for which client. Many customers have experienced situations where a store sells a product that is not available in stock, causing orders to be delayed for several days (or even months).
To avoid creating such difficulties for yourself and your clients, it's best to implement business management software and warehouse accounting systems. These specialized programs automate processes and allow you to monitor the current state of your warehouse effectively.
Main Goals of Inventory Management
To optimize and automate data tracking in warehouses, businesses today utilize service center software with inventory management. All necessary data is entered into this software, enabling maximum control over the situation. Furthermore, such programs are invaluable tools for every employee. Effective inventory management allows for a range of tasks to be accomplished:
- Monitoring stock levels. It’s essential that actual quantities match the recorded data.
- Tracking average sales volumes and planning the most necessary purchases. A CRM system for inventory will enable you to purchase only the best-selling items, avoiding products that sit in storage for months.
- Streamlining product search in the warehouse, simplifying counting and issuing processes.
- Systematization. Maintaining inventory in a table helps organize all products and categorize them for greater convenience.
- Tracking the movement of any item. This helps prevent theft in the warehouse.
Types of Inventory Management
There is no one-size-fits-all approach to inventory management. Each situation will dictate the best method. We recommend considering the following options:
- Nomenclature method. All warehouse contents are not divided into groups but are designated with individual cards. This approach is optimal for warehouses with a small quantity of goods.
- Sorting method. A more complex system that requires a product tracking program for service centers. In this method, warehouse items are divided into groups and categories.
- Batch method. This approach depends on the order in which items arrive at the warehouse. All inventory is stored by batches, with each subsequent batch kept separately from the previous one.
Batch-sorting method—achieves maximum product sorting, based on the batch method. In this method, items within each batch are sorted by type.
Gincore is a popular service center automation software that can enhance and significantly simplify warehouse control. You can enter any information regarding your products and monitor all changes in a convenient format. Gincore does not require installation on a PC, allowing you to access real-time information from any device, even when you are away from the warehouse or office.