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Home Articles Inventory Management and Control OVERVIEW OF PHYSICAL INVENTORY CONTROL
OVERVIEW OF PHYSICAL INVENTORY CONTROL Print E-mail
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Articles - Inventory Management and Control

 
The purpose of having an inventory control is to ensure reliable as the existing physical warehouse stocks are equal to the physical Kardex system, which will:
 

 
1.A proper planning for the replacement of stock, avoiding suobesidad.
2.The space absolutely necessary for proper storage.
3.Transparencia existence of items and cost of sales in the financial statements.
 
Physical control of inventory, starts from a physical inventory, which under the terms of stocks and stores where is should be done as an integral and a methodology to ensure its ultimate success.
 
Inventory Methodology
 
The methodologies for inventory can be varied but always a good methodology divididaen physical inventory should be clearly defined three major phases.
 
Preliminary Activities phase.
 
• Land's previous stock.
• Codification of stock by location
• Inspection of the location of the stock according to their coding.
• Issue and placing card stock.
• Verification card stock.
• Court documents.
• Land of the stock of hard count.
• Verify that the ordering of stock is in a way that best time of picking and packing.
 
Phase counting
 
1.Primer sweeping physical count.
2.Segundo sweeping physical count by the first count different staff
3.Se fill inventory card number 2.
 
Phase Verification physical count
 
1.Comparación card inventory.
2.Comparación the Kardex system, physical count cards VS. Kardex.
3.Actualización Kardex system to physical count.
 
Advantages of having a well-done physical inventory
 
You should know that the advantages of having a physical inventory done well, are many:
• Have the stock fully sorted and stored in the place chosen by the company.
• Have the stores with the stock fully sorted and coded on a coding system store location.
• Be based on their accounting adjustment, with due support to the tax authorities.
• Have a Kardex storage system to date, regarding:
Location 1.código
Product 2.código
 

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