This checklist ensures that stock levels are adequately maintained on a daily basis to prevent any disruptions in operations. It helps in identifying items that need restocking and ensures timely ordering and replenishment.
Check current stock levels against the predefined minimum thresholds for all items.
List all items that are below the minimum stock thresholds for replenishment.
Create purchase orders for the identified low stock items to ensure they are ordered from suppliers.
Contact suppliers to confirm the availability of stock and expected delivery times for ordered items.
Log the replenishment orders into the inventory management system to keep track of outstanding orders.
Keep track of incoming stock deliveries and ensure they are checked against the purchase orders upon arrival.
Perform a physical stock check after deliveries to verify that received quantities match ordered quantities.
Record any discrepancies found during stock verification and adjust inventory records accordingly.