Introduction

Too many materials are difficult to inventory, and the quantity does not match?

The knives have become stagnant inventory, but the administrator doesn't know?

Inventory backlog, stagnant inventory occupying the company's cash flow?

……

Have you encountered any of the above issues in your company?

The Importance of Effective Warehouse Management

Warehouse management is related to knife costs, inventory flow, and enterprise cash flow.

Ensuring production and operation: As an important part of enterprise production and operation, the warehouse undertakes the storage and distribution tasks of cutting tools and MRO materials. Effective warehouse management can ensure the timely and accurate entry and exit of materials to meet the needs of production planning and ensure the orderly progress of production.

Improve production efficiency: By adopting advanced inventory management technology, the storage and retrieval time of materials can be shortened, and the waste of manpower and material resources can be reduced, thereby improving production efficiency

Reduce operating costs: Through reasonable inventory management, inventory circulation can be effectively improved, and enterprise operating costs can be reduced. Meanwhile, efficient warehouse management can also reduce material damage, loss, and waste, further saving costs.

How to do warehouse management well?

1. Warehousing

Standardize the warehousing process to improve the qualification rate of incoming goods.

-Display order and logistics information through the Know Norm tool management and operation system - logistics tracking number (click to view in transit/arrived), shipping time, shipping quantity, and pending inventory quantity.

-The warehouse administrator signs for and verifies the quantity and type of materials. After the system enters the warehouse, it checks again and selects the warehouse and corresponding storage location for batch storage after confirmation.

2. Inventory

Regularly conduct inventory checks, clarify material quantities, and improve inventory turnover.

-Export the bill of materials from the system and conduct a physical inventory of each location at least once a month.

-Three confirmations: Daily inventory, unified and accurate physical inventory, material cards, and systems.

3. Outbound

The system calculates safety stock in real-time based on selection and usage data, providing a basis for immediate procurement.

-The tool dispensing station selects the corresponding tool cabinet through system operation replenishment instructions. If the inventory has reached the set minimum inventory level, there will be a warning notification.

-The warehouse receives a replenishment instruction, finds the corresponding tool with the warehouse location number according to the list, and fills in the corresponding outbound information on the material tracking card on the material box to organize and outbound the tools.

-The warehouse conducts audits and confirmations on the system, and the system will automatically update the current inventory quantity.

-The staff of the knife distribution station come to the warehouse to pull away the outgoing knives and replenish them into the warehouse/cabinet.

To summarize

Do a good job in warehouse management, improve inventory turnover rate, and solve the problem of difficult inventory and easy loss of cutting tools in the past.