STOCK CONTROL SYSTEM ASSESSMENT

Develop a Business Case for implementing new stock control processes and integrating handheld paperless technology with your existing ERP system.

Benefits of a proper stock control system:

  • Reduced Stock loss & write-offs
  • Fewer Stockouts disrupting planned production
  • Less stock adjustments due to human error
  • Less overstocking of raw materials
  • Enables improved resource utilisation
  • Improved flow of materials through the operation
  • Enhances work control and management of personnel  performance

Assessment Plan

Assessment and Business Case Development is completed within 3 working days for
medium size manufacturing facilities. This includes a half-day site visit for data collection
and ‘As Is’ Process mapping

1. Capture Lost Revenue Data

  • Stock write-off history
  • Unaccounted stock
  • Expired/Damaged/Spoilt/Obsolete stock
  • Stock adjustment history

2. Capture Stock Loss & Shrinkage Data

  • Stock write-off history
  • Unaccounted stock
  • Expired/Damaged/Spoilt/Obsolete stock
  • Stock adjustment history

3. Work Control & Efficiency Study

  • Standard work routines & communication
  • Time studies
  • Housekeeping routines
  • FIFO control mechanisms
  • Personnel Performance Scorecards

4. Process Mapping

  • Map ‘As Is’ Process flow and inputs/outputs for Key Warehouse Processes

5. Reporting

  • Develop assessment report
  • Create business case
  • Present to Client
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