Author: Adjenim Boateng Adjei
School of Finance & Financial Management
Business University of Costa Rica
Email: abadje@yahoo.co.uk
Abstract
Warehouse operations are measured by service levels, volume of transactions handled quality of transactions and most importantly inventory health maintained. By Inventory health in a warehouse, this article referring to Physical Inventory Accuracy, the way inventory is physically kept in locations and discipline maintained in transactions, inventory maintained in the system. Inventory Health, in turn, is dependent upon System setup, floor layout and infrastructure coupled with defined process, compliance, and regular inventory checking, audit and training. The key to good warehouse operations is reflected in availability of documented process covering all above mentioned functions and documented proof of day to day compliance of above tasks. All warehouse processes are documented in Standard Operating Procedure, which is the guiding bible. These processes are further broken down to Work Instructions for each job function and task or activity.
Keywords: Warehouse Operational, Inventory Efficiency and Inventory Health
