Stocktake

Stocktakes can be performed on one or a range of items, and can be done in various ways depending on the particular requirements or setup of the warehouse. The following are the Micronet advised best practice methods:

• Traditional Method

This is the simplest stocktake method which is generally used in the following situations:

• when first setting up a warehouse in Micronet
• when inventory items are in one location in the warehouse
• when there are multiple warehouses with inventory items in one location within each warehouse.

• Variance Batch Method

This method is used to obtain very accurate variance reports and is commonly used in conjunction with PDAs to ensure item identification integrity. Once you have entered your first stocktake count figures into Micronet, Micronet can create a new stocktake batch containing only those items where there is a discrepancy between the original quantity and the count quantity so that only those items need to be recounted.

• Automatic Cycle Stocktakes (Cycle Counting)

This method is commonly used when large stocktakes cannot be undertaken in a single day using the methods above. PDAs are very useful for this method to ensure item identification integrity and they also greatly reduce data entry time.

The following topics explain how to process stocktakes using these methods.