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What are the main tools / check list to determine the accuracy level of inventory control management in an organization?

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تم إضافة السؤال من قبل Syed Auon , Supervisor , Pakistan Civil Aviation Authority
تاريخ النشر: 2014/11/24
Ajay Kumar Thallapalem
من قبل Ajay Kumar Thallapalem , Assistant Manager-SCM , The Waterbase Ltd

Codes, including barcodes, can make the whole process much easier but it can still be quite time-consuming.

Radio Frequency Identification (RFID) tagging using handheld readers can offer a simple and efficient way to maintain a continuous check on inventory. 

The simplest manual system is the stock book, which suits small businesses with few stock items. It enables you to keep a log of stock received and stock issued.

Stock cards are used for more complex systems. Each type of stock has an associated card, with information such as:

  • description
  • value
  • location
  • re-order levels, quantities and lead times (if this method is used)
  • supplier details
  • information about past stock history

USING ERP SYSTEM LIKE SAP,ORACLE, WMS are the best options .

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