Full Valuation Warehouse Stocktake
One UK’s largest wholesale dancewear suppliers, servicing dance teachers and dance shops with quality dancewear needed support from RGIS to provide a full valuation of the stock that was held in both the warehouse and site.
REQUIREMENT
The dancewear supplier chose RGIS to help provide them with the wall-to-wall warehouse count support they needed. The customer’s specific requirements were:
- A full wall-to-wall stock count of warehouse and site
- 500,000 units of dancewear clothing and accessories for a full valuation exercise
- Needed to be completed per bin location
- Variances needed to be recorded for all SKUs across multiple rooms and locations
- A manual record was also required on paper
- Data to be used to enable updating of site systems
SOLUTION
RGIS worked with the dancewear supplier and completed the following:
- RGIS managed the workflow of counting the warehouse and site, across a full weekend (48 hours)
- Up to 40 experienced auditors were on site at any one time
- An eight hour shift pattern was used across two days
- Full records were kept of bin location counts
- Results were compared to expected quantities
- The customer checked 10% of variances for rechecks
- Updated systems post count
RESULTS
The dancewear supplier were very impressed with RGIS team’s accuracy and operations across the weekend, which has now resulted in the following:
- The dancewear supplier engaged for another count next year
- The customer aims to introduce all stock items to be scanned for next year
- Going forward, RGIS will scan all SKUs and create variance reports systemically for each scanned bin location
- The future development will allow the customer to update all items from a master output file
- Introducing this new operation gives the customer a true picture of the items in stock and where the stock items were located within the warehouse.