How to Prevent Lost Inventory in The Warehouse

Inventory is a valuable asset for a company. Therefore, it’s crucial to protect stock in the warehouse to maintain customer satisfaction. A larger company will face more difficulties in monitoring the amount of stock in the warehouse. Plus, there is a higher risk of losing goods.

Nearing the year-end holidays, it is important to ensure that inventory remains safe. Check out the full tips below to reduce the risk of losing warehouse stock.

Use CCTV

Closed Circuit Television or CCTV is an activity monitoring tool used to increase security. Set them at strategic spots in the warehouse, such as warehouse entry/exit areas, main hallways, and classified document storage areas. 

Read More: Complete Guide to Warehouse Management System 

Assign Head of The Warehouse

Being a warehouse manager is not easy because of the responsibilities for the warehouse. It’s a must to assign a person with high integrity and reliability as this job is very crucial. Starting from supervising and controlling warehouse operations according to SOPs, checking goods, to making reports regarding stock quantities.

Set Warehouse Layout

Warehouse layout is a way to arrange the placement of goods with specific methods to enable effective and efficient warehousing activities. The right warehouse layout will determine the security of inventory. Arrange fast-moving goods in easy-to-reach places and high-value items in special places equipped with high levels of security and access.

Also Read 5 Stock Management Tips for Your Business

Put QR code/RFID on The Products

QR code/RFID serves as a unique code to track goods. Using the unique serial number stored in it, you can monitor every product movement in the warehouse and help warehouse staff locate  and track inventory, thereby reducing the risk of loss.

It also ensures FIFO and more flexible warehouse storage systems. All of these unique codes are traceable in Advotics systems. Warehouse Management System Advotics  makes it easy for you to manage activities in the warehouse with an automated system. Achieve the most optimized warehouse management system now!