Basic Principles of Inventory Management

Top  Previous  Next

 

Inventory is maintained with a single record for each partnumber. Comprehensive tracking of all parts, both stocking, and those used in the past, is tracked within the inventory system.  The Inventory Editor is the primary screen for viewing, and updating, the invormation contained within the files.

 

NGR002

 

Navigation

 

Initially, when the screen first displays, you can simply start typing a partnumber to reposition the highlight bar to a new part.  You can also select a different search option ( description, cross reference, etc. ) by selecting the locate button, then the search option, and pressing OK.  You can then start typing the data to reposition to the proper place in the inventory listng.

 

Considerations

 

Before you enter parts into the inventory, you must know what stock  you actually possess.  This is quite simple if you have a working  card file currently available.  However, most people without computers do not currently  track stock.  We suggest that you create a simple form.  You may then have someone enter the parts  onto the form by working through your current listings.   Once your  lists have been gathered, you can type the data into the machine.

 

You will find that young people, with a desire to earn some spending  cash, can perform this job quite easily.  Give them a clipboard, with  blank forms, and have them go down the aisles of your store room,  making notes of all the parts they find.  College students with  typing skills can enter the data quickly, correctly, and for a very  affordable rate.  Remember, your professional staff is paid well to  perform crucial services.  Although they can perform these tasks, it  may be more cost effective to use part-time personnel.

 

Your inventory input is critical to saving money utilizing The Auto Shop Writer.  Inventory expenses occur easily, as shown by using parts in a repair and not itemizing them on the workorder, buying new parts when old ones are currently in stock, stocking parts that do not move on a regular basis, repeatedly buying parts on individual orders when you move a large volume, and other similar issues.  Each of these adds to the cost of doing business, and does not provide for an appropriate return on your investment.

 

The information within the computer will provide you with an excellent understanding of your inventory issues, and you can then make appropriate management decisions which improve your business' bottom line.