Manage Your Inventory through LPNs

Manage Your Inventory through LPNs | LoadProof

This best practices that you implement in your supply chain is to Keep Track of Stock Movements through LPN (License Plate Number). You can make it a rule in your in your DC (Distribution Center) that any product which may be just one unit or two units or three units whatever it is any product, group of products, any set of products that you’re moving always gets an LPN.

LPN could be even called as a case number, it should be always applied to the products, even if it is one product or two product that moves together in the DC.
The second rule is you should always scan this LPN into a location, it could be a dock door location, it could be receiving, staging location in the dock-door or it could be some problem location or it could be an exceptional hospital Lane.It always helps you to find the product and improves visibility by providing details on what the product is, where it is located in your huge facility. This will help you to exactly locate the product, where the product is and what that product is by looking up in the system by having an LPN.
You can also generate an aging report which tells the details of SKU’s that are staying at your DC for a long time. It may have not moved for the last 90 days or 180 days or 360 days.
If you are buying product from small vendors and they’re all shipping parcels which comes in boxes. These parcels may not have a label or the label would have been damaged or sometimes it does not have a packing slip. If nobody knows where it came from and why it is there and if there is no way to track it back to an ASN or track it back to some kind of a vendor or a customer order or purchase order that misplaced it’s it just sometimes gets tricky. When you run into this kind of scenario you can apply an LPN and then scan it to a location. It will now be visible in your system and when somebody comes asking for that specific SKU you can easily track the location and content of the SKU. Supposedly if a vendor calls you and asks if you have received this particular SKU, you can directly track it and confirm with your vendor on this and you can send it to a customer and the vendor and you will earn after you ship it to a client / customer asking for this particular SKU.

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