Stock control is a key element within any business’ logistical operations and is all about supply and demand.
It’s the process of maintaining the right quantity of stock so a business can meet customer demand without delay while keeping the costs of acquiring and storing stock to a minimum.
HOW DOES STOCK CONTROL WORK?
Stock control requires you track how much stock you have at any one time whilst being aware of how much you will need in order to meet customer demand.
The idea is that you develop an understanding of which products sell the best and require a higher volume to be stored and which products don’t move as quickly off the shelves; therefore, don’t require as large a volume in storage.
This way you are constantly moving stock around at a rate that you can manage without overspending on stock acquisition and storage or under promising to your customers.
When managed correctly, stock control will help you keep costs down and get goods out to customers in a timely manner.
STOCK CONTROL WITH GUARDIAN WAREHOUSING
At Guardian Warehousing, we provide comprehensive third-party logistics to businesses around the UK, and this includes managing stock control in our warehouse with our team of experts.
We utilise the latest technologies, and Warehouse Management System (WMS) to ensure the highest level of stock/inventory control, to maximise space, and deliver superb customer service.
Our advanced system is designed and built to streamline the stock control process, improve traceability, reduce human error and maximise operational capacity.
FEATURES OF OUR THIRD-PARTY LOGISTICS WMS
User specific task allocation
Dock bay management diary
Full KPI tracking and detailed reports
Automated order management
Real-time view of stock
Full audit of picking tasks so you can track who did what and when
Full traceability of goods leaving the warehouse
Pallet and vehicle tracking