Maintaining the correct inventory levels is noted as one of the biggest challenges facing manufacturing/production. Discuss a control process that will help you ensure that the inventory levels required for the operation are kept at the correct level.
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Following is a control process that will help you ensure that the inventory levels required for the operation are kept at the correct level:
Explanation:
- One should always conduct a cycle count to make certain all inventory levels are appropriate.
- Ensure that shipping supplies are correctly stocked and ready to use. By the by, shipping supplies should also be inventoried.
- Temporary staff should be hired to balance out a higher demand for orders.
- Utilization of history reports needs to be done to make sure the right amount of inventory has been ordered.
- Verification that all the inventory, including picking and backstock, is in the appropriate locations.
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