unraveling the mysteries of inventory control …
TRANSCRIPT
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
UNRAVELING THE
MYSTERIES OF INVENTORY
CONTROL – PART 1by Charles Owen
Technical Level:
AdvancedEasy Intermediate
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Agenda
Define the goals
Find a starting place
Discover where to begin
Starting with location codes or dept’s
How to achieve suggested ordering
Paladin Point of Sale Demonstration
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Goals
To simplify inventory management
Streamline the ordering process
Understand the Basic Principles of
Inventory Control
Start practicing today
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Finding a Starting Point
Don’t be discouraged by past attempts
Start the process as early as, now
Define your goals and create a plan
Measure your progress weekly
The results will be stunning
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Put a Stake in the Sand
Make a commitment
Start slow, ease into it
Get other team members on board
Document the process
Be consistent
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Where to Begin Create a simple planogram of
your store
Overlay a grid onto planogram
Define logical locations codes or
departments
Leave gaps between ID
numbers to add in future loc’s
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
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PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Go to: Paladin File/Setup/Loc
Add location codes in a logical
sequence for ordering product
L=Location, 01=Aisle, L=Side,
01=4ft Section
Adding Location Codes in Paladin
1 = L01L01
5 = L01L02
10 = L01L03
15 = L01R01
20 = L01R02
25 = L01R03
ID Code Name
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Assigning Location Codes
3 Ways to assign location codes
1. Inventory module, General tab(option to use wifi device)
2. Cycle count with RF Gun(easiest and best method)
3. Excel spreadsheet, then Import(must use ID numbers, not names)
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Begin Cycle Counting
Start cycle counting your first
location or department
Progress through the store at
your pace
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
Suggested Order
You are ready to perform
suggested ordering for your newly
added/counted location
Send and receive orders via
Paladin to maintain SOH values
PALADIN POS PHARMACY ENHANCEMENTS
UNRAVELING THE MYSTERIES OF INVENTORY CONTROL – PART 1
End
Recording available at:
paladinpointofsale.com/webinars