Your stockroom is an essential part of store operations. If the stockroom is unorganized, then every stock check, replenish, and inventory report will turn into the task your employees will dread, and most likely do incorrectly. Keep your books accurate and your employees happy by following these 5 simple tips:
- A Detailed Label System
A labeling system probably seems like an obvious approach to stockroom organization but in order to keep an efficient and well-run stock room, your labeling system needs regular review.
- Use Printed Adhesive Labels. Handwritten labels are not the most productive and not everyone has the best handwriting.
- Be s Specific as Possible. No two labels should be the same. If necessary, use arrows to indicate where the specific stock begins and ends.
- Keep Labels Away from Possible Damage. They should be mounted so as not to obstruct normal activity or get easily ripped off or damaged.
- Add a Note-Taking Area
As time goes on, inefficiencies and observations need to be communicated. A clearly placed note-taking area will ensure your team stays efficient and on the same page.
- Control the Temperature
There will be times where your team will occupy the stockroom for an extended amount of time, and research suggests that even small changes in temperature can have significant negative effects on human performance, so it’s worth taking further action to keep your stockroom comfortable. Temperature will also preserve your inventory depending on your type of stock. We offer climate-controlled storage units that make excellent warehouses or stockrooms.
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- Make Sure You’re Tracking the Right K.P.Is
Key Performance Indicators are imperative. Metrics will vary depending on your business but here are some helpful categories: days of supply, inventory turnover, stock to sales ratio, sell-through percentage and gross margin return on investment. These indicators will inform your stockroom routine, and more importantly, help you get reliable insight into how items in your business are performing.
- Cycle Count Your Inventory
Instead of counting your entire inventory once a year, consider regularly counting different portions of your inventory, on a daily or weekly basis, so that every item is counted several times a year. Annual physical inventory checks can be tedious and may require a temporary shut down of operations.
All business owners could profit more by using to store supplies, seasonal decor, inventory or unused marketing materials. Self-storage space will cost less than the same space in your restaurant or store, plus it provides a convenient way to stock up on inventory and stay organized when storage space is limited. Choose from our many locations and find the perfect storage space for you and your team.
Source: Proguard’s self-storage units
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