Do you shut your facility for your annual stock checks? This can cause unnecessary disruption to your organisation. Getting the right level of stock is a science take the guess work out by conducting daily stock checks for greater accuracy. The aim is to ensure that you have the right stock levels to fulfill orders on-time and in full. You need stock in the right quantities when your customers need them. At the same time you need to minimise excess and obsolete stock that can weigh down your balance sheet, fill up your warehouse and lead to huge future write offs.
In this Lean minute Video, TXM UK Senior Lean Consultant, Tim Scurlock explains the principles behind making stock checks part of your daily routine. This video was shot at Hazchem Safety in Brackley. Learn how Tim has applied these principles to help Hazchem Safety keep daily track of stock levels.