Why Accurate Inventory Management Is Important

Managing inventory within the facility is essential to its various processes and operations. Tools, parts, materials, and other equipment are all part of this inventory management process as it is important they are secured and accounted for. Facility and operations managers are always looking for ways to improve their systems through finding efficient processes that help get finished goods to their customers quicker. Hänel Storage Systems helps in this search for efficient solutions through its line of automated vertical storage solutions, with improved inventory management and inventory accuracy being one of their main benefits! So why such an emphasis on inventory management? This is due to the fact that the issues that can occur from poor inventory management can severely cripple a facility.

Problems with Ineffective Inventory Management: Overstocking, Shortages, and Expired Items

No matter the industry, overstocking and shortages can occur when inventory is not being properly tracked. By overstocking, inventory may need to be stored in areas of the facility that are not designated for it. This can make facilities inefficient as the overstocked parts or materials take up space that could be used for other processes. Not to mention overstocking leads to some items not being used at all! Making their usage essentially obsolete as they can be forgotten, stolen, or deteriorated. The opposite of this, shortages, can also lead to issues as items are not readily available in the required amounts by facility staff in order to move down the line to the next process. These shortages can hold up a whole facility as parts and materials are usually at the beginning of every procedure. More specifically tailored towards food & beverage and the medical industry, expired items can also be a factor as they can lead to shortages in available items staff can use. This relates to overstocking as well since overstocking can be a reason for items in the facility going bad or deteriorating.

How Hänel Solutions can Help

Hänel’s automated systems can combat these issues by providing you with a system to outline how many of each item, tool, or material are available to you, as well as organizing all of your items in a way that makes them easy to find! Doing this eliminates the hassle of searching too long for the right part or tool and allows you speed up your entire process getting finished goods to your clients faster. This avoids lost sales because of missing stock and increases the likelihood that your customers are satisfied enough to comeback as repeat buyers!

Other Advantages of Inventory Accuracy

By keeping items in designated areas where they are easy to pick and keep re-stocked properly, other advantages can begin to be seen such as space utilization, increased productivity, improved ergonomics, and enhanced security. Space utilization is more efficient with storage as Hänel’s solutions take full advantage of vertical space within the facility and provide a central area for your items to be stored without needing a large footprint on the facility floor. Productivity is increased as staff can easily pick from these solutions making it easier for other employees to perform their processes efficiently. Ergonomics are improved by having items at a safe level for staff to pick and access them. Hänel’s solutions do all the leg work of bringing the items right to the employee. Security is enhanced as these solutions can be kept under lock and key or other locking systems. These items are also all in one place making the area needed to be secured easier to monitor and track personnel who access it. In conclusion, Hänel’s automated systems are great for improving your facility as a whole! When it comes down to improving inventory management within your facility these solutions are definitely the answer as their ability to store, track, and pick your inventory is unmatched! To learn more about Hänel’s solutions visit their product page: https://www.hanel.us/us/products/