Hiranandani Industrial Parks

One of the essential aspects of warehousing is inventory control. The inventory control system is a systematic solution for tracking and keeping accounts of your stocks across the supply chain. Warehousing companies in Chennai offer built-to-suit spaces that enable strategic planning of your inventory. Inventory cycle counting is a process by which companies measure how much product they have in stock on any given day, week, or month. This information is used to determine how much stock needs to be ordered from suppliers and how much can be expected to be sold. Understanding how your inventory changes over time ensures you are always stocked up on the products your customers are most likely to buy. What is an Inventory Cycle Count? It is a sampling technique that indicates whether the digital inventory verifies with the physical stocks.  For example, you have three large shelves in your warehouse. Every shelf contains a subset of one category of products. Let’s say you want a reco...

A new wave has consumed the industrial landscape in the manufacturing and production segment, owing to  Make In India  initiative by Government of India.  Warehouse leasing companies  offer specifications that are built to suit the business needs. However, designing and customising these spaces is essential to increase efficiency. Here are a few warehousing concepts for optimising operations– 1. Categorise and compartmentalise The first step to efficient business operations is a planned and systematic approach in your warehouse. Organising your inventory by categorising is the most efficient protocol for warehousing. 1. Classification based on strategic buckets: Safety reserves : Storing for ad-hoc demand of products, bulk orders, or if suppliers delay the delivery. Notifying buffer inventory : Reorder point is the level which alerts that the particular stocks need to be replenished. Seasonal Goods : stocking of products based on specific periods. Track of non-market...