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Showing posts with label Inventoryइन्वेंटरी. Show all posts
Showing posts with label Inventoryइन्वेंटरी. Show all posts

Warehouse inventory Management | inventory Management system

September 16, 2020

Warehouse Inventory management is very important for any warehouse or company. This is what controls your warehouse stock or inventory. If you handle any type of material stock, then it is very important to have knowledge of inventory management.

What is Warehouse Inventory Management?


Warehouse Inventory management or works like "inventory checking" or "stock checking". It performs physical verification of the quantity and condition of materials placed in a warehouse or store or in a business. And this is also done to provide an audit of the current stock. It is also a source of stock discrepancy information.

Inventory checking is done at the end of the one-day and annual, financial year. Stock list cycle is done continuously through count. Typically used by the end of the financial year for use in the company's financial statements. This is often done in the presence of external auditors. External auditors also audit financial statements.

Warehouse Inventory Management Material's Regular Counts are also carried out, in which usually Inexpensive items are taken and the bestselling materials are also taken, priority is given in a short duration to take stock of High sale and Inexpensive Materials.

Stock list is designed on the basis of how much the sale of stock has happened in the last season. This makes the task of taking stock list easy.

There is also another purpose of stock checking which gives information about what was the stock position of the company / organization at a specific point.

However, such stock taking is often done by the organization's employees and also by the Service Provider who come from days to weeks. And Managed by Inventory.

There are three module of inventory management which is mostly used for warehouse inventory management in warehouse.

  • Physical inventory Verification(PIV)
  • Perpetual inventory
  • Cycle Count Inventory

Physical inventory Verification (PIV)

Physical inventory is a process where a business counts its entire inventory physically. Business Management counts the material list of its stock so that component parts or raw material or salable parts can be re-installed.

Businesses use many different strategies to reduce the interruption in physical inventory. Inventory devises tools like More Manpower and Automation (SAP-ERP) to quickly count stocks and reduce time to business shut down.

Inventory control system software SAP -ERP CRM etc.helps in making physical inventory process very fast and easy.

A continuous inventory tracks the receipt and use of the inventory system, and calculates the quantity.

Cycle count is an option of physical inventory which is less disruptive. You will understand this further.

perpetual inventory

Perpetual inventory- The daily stock count or continuous inventory of any business has been considered as part of the Perpetual inventory systems where the quantity and availability information of the inventory is updated on a continuous basis as a function of doing business.

This is usually accomplished by connecting inventory systems to order entry and retail off sale system. In this case, the book list and the actual list are almost the same.

In earlier times, non-continuous or periodic inventory systems were more prevalent. Starting in the 1970s, digital computers enabled the ability to implement a perpetual inventory systems.


This has been made easy by bar coding and more recently Radio frequency identification (RFID) labeling, which allows for quick reading and processing of Inventory information by transactional processing by computer systems.

There is still a hurdle in making the Perpetual inventory system Permanent in which these sensitive causes are such as: theft, breakage, scanning errors or untrained inventory movements. Which is part of the Replenishment System errors.

Inventory start is usually like this Physical Stock List + Receipts Stock list - Shipment Stock list = Inventory Complete. The accountant then adds or decreases the value using Adjustment Entry, although the Invoice and transaction of all Purchase Materials and Shipment Materials are captured.

Cycle Count Inventory

A cycle count is an Inventory auditing process, which falls under Inventory management, where a small Subset (list) of Inventory stock at a specific location is counted on A specified day. The cycle count works in contrast to the traditional physical inventory.

All items are counted at once by closing the operation of a business or warehouse to do physical inventory. At the same time cycle count is also done during daily operation which helps in inventory accuracy and process execution and it is also important for concentrating on items with high value, high protest volume or for business processes.

 However some say that the counting of cycle count should only be done with high accuracy.

 Cycle counting is a means of achieving and maintaining a high degree of accuracy. Procedures inventing control are specific procedures for using cycle count to quickly identify the root causes of problems. And then monitor effectively to eliminate root causes.

In fact, control procedures cannot be made reliable without conducting traditional inventory audit.

 Cycle count This is an Enough method to identify root causes of Inventory errors. Conversely, identifying root causes, working on actions to eliminate them, is included.

Summarize

Warehouse inventory management entails stock control of a company and meeting various stock demands. Warehouse inventory management orders for purchases to maintain supply so that stocks are balanced. Warehouse inventory management works with all departments. 

It is very important to have warehouse inventory management as these goods keep an eye on inward and outward and warehouse stock together.Warehouse inventory management team or equipment It will depend on the size and work of the warehouse.


If your warehouse does not have inventory?
The material untraceable will increase day by day. and your warehouse will gradually become like a scrap yard, So you should focus on warehouse inventory and manage it well.

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What is cycle Count inventory in Hindi

February 22, 2020

What is cycle Count | cycle Count Inventory-[Hindi] | cycle Count Inventory work

What is cycle counts in warehouse? advantages of cycle count?

एक cycle count एक Inventory auditing प्रक्रिया है, जो Inventory management के अंतर्गत आती है, जहां एक Specific location पर Inventory stock का एक छोटा Subset (list), A specified day पर गिना जाता है। cycle count Traditional physical inventory के विपरीत काम करता है।
What is cycle Count Inventory? चक्र गणना सूची क्या है?

physical inventory करने के लिए एक Business या warehouse के operation को  बंद करके सभी आइटम एक बार में गिने जाते हैं। वहीँ cycle count की गिनती Daily operation के समय में भी किया जाता है जिससे Inventory accuracy और process execution में सहायता मिलता है और high value, high protest मात्रा वाले आइटमों पर Concentrate करने या Business processes के लिए भी ये महत्वपूर्ण है। 


हालांकि कुछ का कहना है कि cycle count की गिनती को केवल high accuracy के साथ की जाना चाहिए.



cycle की गिनती Accuracy के High degree को प्राप्त करने और बनाए रखने का एक साधन है। Control inventor करने वाली Procedures में problems के Root causes की शीघ्र पहचान करने के लिए cycle count का उपयोग करने के लिए Specific procedures हैं। और फिर Root causes को खत्म करने के लिए Effective तरीके से निगरानी करते हैं। 



वास्तव में, Traditional inventory audit किए बिना Control procedures को विश्वसनीय नहीं बनाया जा सकता।


cycle count यह Inventory errors के मूल कारणों की पहचान करने के लिए एक Enough तरीका है। इसके विपरीत, मूल कारणों की पहचान करना, उन्हें समाप्त करने के लिए क्रियाओं पे काम करना आदि शामिल है।

What is perpetual inventory | perpetual inventory important Hindi

February 21, 2020

What is perpetual inventory | perpetual inventory important Hindi

What is the perpetual inventory system example in Hindi?

Perpetual inventory-किसी भी business के daily stock count या Continuous inventory को Perpetual inventory systems का हिस्सा माना गया है जहां inventory की quantity और Availability की जानकारी business करने के कार्य के रूप में निरंतर आधार पर अपडेट की जाती है। 

आमतौर पर यह inventory systems को order entry से जोड़कर और Retail off sale system से पूरा किया जाता है। इस मामले में, book list और Actual list लगभग समान होती है।



पहले की दौर में, Non-continuous या Periodic inventory system अधिक प्रचलित थे। 1970 के दशक में शुरू होने वाले डिजिटल कंप्यूटरों ने एक Perpetual inventory systems को लागू करने की क्षमता को संभव बनाया।


 यह Bar coding और हाल ही में Radio frequency Identification (RFID) Labeling द्वारा easy किया गया है, जो कंप्यूटर सिस्टम के द्वारा Transaction processing के द्वारा Inventory information को जल्दी से पढ़ने और process करने की अनुमति देता है।

What is the perpetual inventory system example in Hindi?

Perpetual inventory system को Permanent बनाने में अभी भी रुकावट हो हो रही है जिसमें ये Sensitive कारन होते है जैसे : चोरी, टूटना, Scanning errors या Untrained inventory movements होते है। जो Replenishment System errors का हिस्सा होता है।


Inventory की start आमतौर पर ऐसे होता है physical Stock List + Receipts Stock list - Shipment Stock list = Inventory Complete। उसके बाद Accountant उसको Adjustment Entry का उपयोग करके value को जोड़ या घटते है, हालांकि सभी Purchase Materials और Shipment Materials का Invoice और transaction कैप्चर किए जाते हैं
Perpetualinventory systems बहुत सीधा Process है।

What is Physical Inventory Hindi

February 21, 2020

What is Physical Inventory Hindi | Physical Inventory क्यों महत्वपूर्ण है?

Why is physical inventory important? What is physical inventory?

Physical inventory एक ऐसी process है, जहां एक businessअपनी पूरी inventory को Physical रूप से गिनता है। business Management अपनी Stock के Material list की count करता है ताकि Component parts या Raw material या salable parts को फिर से Established किया जा सके।


Business physical inventoryमें  होने वाले Interruption को कम करने के लिए कई अलग-अलग strategy का उपयोग करते हैं। Inventory Stocks की जल्दी गिनती करने और Business shut down होने का समय को कम करने के लिए ज्यादा Manpower और Automation (SAP-ERP) जैसे tool का बेवस्था करती है 


Inventory control system software (जैसे : (SAP -ERP) CRM etc. ) Physical inventory process को बहुत तेजी और आसान बनाने में मदद करता है।

A continuous inventory, inventory system की प्राप्ति और उपयोग को ट्रैक करता है, और quantity का Calculation करता है। 
Cycle count, Physical inventory का एक option होता है जो कम Disruptive होता है। ये आप आगे समझेंगे। 

What is Inventory Management in Hindi

February 21, 2020

What is Inventory Management-[Hindi] | Inventory Management Responsibility

                                 What is the role of inventory management-in Hindi?

Inventory Management or "inventory checking" या "stock checking " जैसे काम करती है। ये Warehouse या Store या कोई business  में रखी गई Materials की मात्रा और स्थिति का Physical Verification करता है।और यह current Stocks का audit Provide करने के लिए भी  किया जाता है। यह Stock discrepancy की जानकारी का source भी है।


Stock-checking को एक दिवसीय और annual, financial year के अंत में किया जाता है। Stock list cycle count के माध्यम से लगातार किया जा जाता है।आप अगले ब्लॉग में जानेंगे cycle count क्या होता है। कंपनी के Financial statements में उपयोग के लिए आम तौर पर Financial वर्ष के अंत तक किया जाता है। यह अक्सर external auditors की उपस्थिति में किया जाता है external auditors Financial statements का भी ऑडिट करते हैं।



Inventory Management  Material का Regular count भी करते रहते हैं  इसमें आमतौर पर Inexpensive items लिए जाती है और जो ज्यादा बिकने वाली Materials भी ली जाती है  High sale और Inexpensive Materials के Stock लेने की लिए एक छोटी Duration में priority दी जाती है।
  

Stock की sale Last season में कितना हुआ है उसी आधार पर Stock list की डिज़ाइन की जाती है । इससे स्टॉक लिस्ट लेने का काम आसान हो जाता है। 


Stock checking का अन्य उद्देश्य भी है जो कि एक Specific point पर कंपनी / संगठन की Stock position क्या थी ये जानकारी इससे मिलता है । 

What is the role of inventory management-in Hindi?


हालांकि, ऐसे Stock लेने का कार्य अक्सर Organization के कर्मचारी ही करते हैं और Service Provider भी करते हैं जो एक दिनों से लेकर हफ्तों तक के लिए आते हैं । और Inventory Managed करके देते हैं।

 

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