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The key to maintaining a high standard of inventory accuracy is more than activating
a good inventory management system but keeping up a certain level of diligence,
consistency, and vigilance. Our Inventory Management Team will maintain in the system
an accurate record of exactly what is stored in each location within the warehouse.
In addition, what shows on the system will be consistently checked for validity
and accuracy.
- A storage position for each product is selected based on the quantity that arrives.
- Products are stored by size in Bulk Pallet Storage, Hand Stack Storage, and Carousel
or Bin Storage.
- A high-volume SKU ("stock keeping unit", also refers to a specific product)
that is always ordered in multiple-pallet quantities, might be given a space-efficient
high density pallet flow rack spot, whereas a slow-moving SKU might be stored in
a small slot in a decked rack.
- Physical Inventory Count will be performed once per year.
- Continual Cycle Counting (daily cycle count) performed to insure inventory accuracy.