What are the best warehousing practices in a FMCG company where volumes and variety both are very high?

First in first out and ABC analysis

 

Inventory types inside the warehouse got be identified in terms of:-

1. Volume / value
2. Transactions (fast ,slow and non moving)
3. functional inventory, Vital, essential etc.
4. storing type general, ambient, cold, frozen etc.

Dimensioning ABC analyses besides VED analyses can help you doing this

 

after that lots of rules/ policies got to be set to each type of inventory, i.e. Safety Stock, adopting Inventory level, required location inside warehouse, inventory count method etc.

Stock reconciliation Produced Vs Consumption

Warehouse operation. Tips and tactics to help improve warehouse management and operations.

You need to practice ABC & OF-4week Put strict monitoring for fast moving . planning procurement MRP is necessary.

The use of ABC Analysis, FIFO method and the Pareto Principle should be observed and applied. The principles of conservatism should also be considered to avoid stock outs and over stocking. Storage facilities should be complete and efficient warehousing techniques should be applied. Optimize inventory but minimize cost.

Accuracy and efficiency in warehouse work. Time saving and control on human behaviour can lead you on top in warehousing.