Tuesday, August 10, 2010

Is your INVENTORY CONTROL SYSTEM adequate?

Regardless of the size of organization, adequate inventory CONTROL system can increase the competitiveness and ultimately increase their profit and customer satisfaction.

Different systems ranging from simple to sophisticate are to be implemented in the workplaces mainly depends on the scale and size of the organizations.

For small or mid-sized business entities, most common adopted systems are

1. Paper, Paper and more Paper
2. Excel Spreadsheets
3. Home grown software
4. Accounting software

For medium to large-scaled business entities, very expensive and sophisticated
systems such as

1. Automatic Locator System
2. Warehouse Management System
3. Warehouse Control System
4. ERP System

Regardless of the degree of complexities of the systems, can this system meet your
expectation and achieved the desired goals?

Several aspects must be evaluated after the system is implemented :-

1. Easy to use for everyone and all levels? Not only for top floor but also for shop floor.

2. Time and resource to implement the system. Powerful but complex system will require more
resource such as time and staff.

3. Practical and usefulness. For instances, can you obtain real-time inventory data? Can you
obtain good multi-dimensional analysis? Can you obtain data for crucial business decision if
you are not in the office?

4. Can you achieve your ultimate goals - CONTROL? For instances, FIFO control, Shelf life
control, product serialization control.

5. Overall cost.


Chronos eStockCard is designed to meet all these expectations - Easy, Practical, Powerful and Economical.

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