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Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: HOW ACCURATE IS YOUR INVENTORY?

Just a refresher on a tip I’ve shared previously from Supply Chain Technology Bulletin regarding how to attain greater inventory accuracy. I thought it would be worthwhile to share again:

  • Record data regarding your inventory as soon as the items arrive at your door / receiving dock. With information, you can make decisions. Without it, you waste money, time and effort.
  • Leverage data collection, label generation and RFID solutions to make your life easier.
  • Set inventory accuracy goals for the business and for employees.
  • Train your employees so they know what is expected of them, and how to best perform their job and therefore how best to maintain accurate inventory counts.
  • Count the inventory – and do it regularly. Find a method that works best for your employees, and for your business.

Optimize Your Manufacturing Today!

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Why this matters

Inventory discrepancies are often identified, but not fully understood. Without clear visibility into where and why variances occur, teams are left reacting instead of improving processes.

What this solves

The Cycle Counting Variances session (whinh8352m000) provides a visual way to analyze inventory discrepancies, helping teams identify patterns and root causes across warehouses and counting activities.


How it works...

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