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Double vision from too much inventory?

The Eye Doctor
Symptoms:
  1. Itching red eyes from looking at excess inventory?
  2. Double vision from watching workers, due to lack of space, put inventory in the aisles with no way of tracking what items are left where?
  3. Migraine headaches when your CFO (with perfect vision) is yelling and screaming about having too much inventory on hand?
Prognosis:
  • See exactly what inventory you have on hand down to the workstation level and eliminate safety stock.
  • JIC (Just in Case) inventory becomes JIT (Just in Time) inventory management.
  • Set specific acceptable and restocking levels for specific SKUs to avoid costly shortages.
  • Communicate stock levels and locations from the workstation to management via existing WMS or ERP software systems.
  • Increase inventory turns. 
Rx Prescription:
  • Use Remstar’s automated solutions and inventory management software to see and manage your inventory down to each SKU at each workstation.
  • Use inventory management software that produces reports to help implement JIT.

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