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DOCUMENT DESCRIPTION
Startup organization with a small volume of goods (being in retail, production...) generally consider operations as being the things which happen anyway. They sometimes postpone the building of their operational systems to later (when they have time). This is a big mistake.
One of the main bases in inventory management is the use of SKU or Stock Keeping Units referencing. It is certainly the first tool to use if you don't want to get lost in a sea of descriptions and lose track of the items you sell, those you use for production, the ones of your clients, or even the ones you will be using yourself.
Inventory management can become quite complex if you don't use the right tools from the start.
That presentation will give you the keys to understand:
• why SKU referencing is important
• how to build a proper SKU referencing system
• how to implement it and some best practices
Once you get that under control, you can build and control your inventory management system from any software or database.
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Inventory Management PowerPoint Slides: Use of Stock Keeping Units (SKU) in Inventory Referencing PowerPoint (PPTX) Presentation, Kaizen Consult
ABOUT THE AUTHOR: KAIZEN CONSULT
We are a boutique consulting firm serving customers and partners across the African continent. Registered in Belgium, with a long-standing experience in Africa and working in countries such as Kenya, DR Congo, or Senegal, among many others, we provide our expertise to solve Supply Chain and Operations issues.
[read more]
We help our fast-growing businesses in Sub-Saharan Africa to structure their Operations and Supply Chain to better approach their scale-up and design the blueprint for operational expansion and team-based continuous improvement.
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