Post by account_disabled on Dec 5, 2023 5:33:07 GMT -5
Take a look at warehouse management strategies with a Max - Min Stock calculation method that can actually be used! High efficiency In the booming era of online business, where many shops started from 0 until they started receiving orders and continued until the business grew, it was necessary to scale the work, especially warehouse management. That must support enough increased orders and many times we often find that product stock calculations are not consistent with reality. We will share tips for beginners through the Min Max calculation formula. How to stock efficiently to make stock management easier? What is Safety Stock? Before starting the calculation, I would like to understand the meaning of Safety Stock and what it is because it is quite important to warehouse management.
Safety Stock is minimum inventory managem Telegram Number ent. Or what is also called “Buffer goods” that businesses often keep outside of general needs to address capacity variations or various unexpected events, such as a sudden increase in customer demand. The transportation system is delayed. or affected by the lack of production capability of the supplier. Therefore, it is necessary to have a plan to reserve products ready for sale. or ready to ship while waiting for the product to arrive or finished production What is Min-Max Stock? Continuing from Safety Stock to create more understanding, I would like to explain more about minimum and maximum warehouse management or what Min - Max Stock is. Minimum Stock is the lowest number (Min) that the product should be in stock,
which is counted as a unit according to the product list. For example, Mr. A's shop sells 10 spare tires for Model A per day. Therefore, the Min value of Model A car spare parts should be It's at 10 pieces. Maximum Stock is the maximum number (Max) that the product should be in stock and there should not be more than this because it may pose a risk to the old warehouse. Including increasing the risk of high losses. How to calculate Max-Min Stock Next, there will be a method for calculating Max-Min Stock that will have a sequence of calculations to calculate the minimum and maximum product quantities to be more efficient. Start by collecting information for each type of product. This is very important because these raw data are recorded each day on the quantity sold.
Safety Stock is minimum inventory managem Telegram Number ent. Or what is also called “Buffer goods” that businesses often keep outside of general needs to address capacity variations or various unexpected events, such as a sudden increase in customer demand. The transportation system is delayed. or affected by the lack of production capability of the supplier. Therefore, it is necessary to have a plan to reserve products ready for sale. or ready to ship while waiting for the product to arrive or finished production What is Min-Max Stock? Continuing from Safety Stock to create more understanding, I would like to explain more about minimum and maximum warehouse management or what Min - Max Stock is. Minimum Stock is the lowest number (Min) that the product should be in stock,
which is counted as a unit according to the product list. For example, Mr. A's shop sells 10 spare tires for Model A per day. Therefore, the Min value of Model A car spare parts should be It's at 10 pieces. Maximum Stock is the maximum number (Max) that the product should be in stock and there should not be more than this because it may pose a risk to the old warehouse. Including increasing the risk of high losses. How to calculate Max-Min Stock Next, there will be a method for calculating Max-Min Stock that will have a sequence of calculations to calculate the minimum and maximum product quantities to be more efficient. Start by collecting information for each type of product. This is very important because these raw data are recorded each day on the quantity sold.