Replenishing Regularly Moving Stock

Overview

TOT uses random stock holding methodology - meaning items can be held in several locations,

The advantage of this method is that it provides highly efficient space utilisation.

However, there are challenges with random stock location  - the principal one being that multiple storage locations may need to be visited to satisfy picking requirements for a single item.

These challenges can be met whilst maintaining space efficiency by adopting the following method :

• Keep a working inventory quantity of regularly used stock items on shelves

• Store the bulk remainder quantities of the items in standard stock locations - thus freeing up shelf storage.

• Replenish the working inventory of regular used stock on the shelves from the storage locations as and when needed.

Method to Establish Working Inventory

1. For regularly moving (i.e. required) stock items identify a working inventory quantity. A good rule of thumb to establish this quantity would be to look at the order requirements over a period of time and calculate a reasonable average daily requirement.  You can then evaluate the shelf storage capacity, the size of the item in question and establish what is a sensible number of days requirement to store on the shelves.
   
2. The remainder should be stored in standard storage locations.
   
3. It is essential that the quantities of each item and the locations that they are in are correctly electronically recorded.
   

Replenishing from Bulk Stock

1. When the working inventory balance on the shelf is exhausted or very near exhaustion a "replenishing quantity" should be relocated from the standard storage (locations) to the shelf.
   
2. The replenishing quantity needs to be physically and electronically moved.
   
3. You can use the relocate some functionality in the stock check layout to move the replenishing quantity from the standard storage location to the shelf:-
   
1. Open the stock checking layout and find/retrieve the storage location record for the location  which contains the wanted SKU
2. Highlight the SKU and Relocate the Replenishing quantity  as outlined in the Relocating Partial Amounts of Storage Bay Content