Store Management

i-TEK has proposed an RFID based store management system to offer a unique identification system for locating and identifying spares stored in racks and open yard for faster retrieval. To minimize the under utilization of stores due to lack of visibility of capacity so as to improve productivity and bring in complete transparency in location wise stock availability thus by increasing the throughput time for material delivery and have a more reliable auditing system for stock reconciliation, with real time MIS reports for pro active decision making. The stock detail can be updated in SAP, and suits an ideal SAP environment for performing quality checks. A web based application software can be integrated with SAP for import of material code master and reservation no. details, So the deliveries will be made faster and error free. The stock transfer within stores will be updated and reconciled accurately. Any kind of deviations or exceptions will be reported and escalated over email instantly. This results in increased labour productivity, item-location relationship for faster identification and reduction in stacking and issuing errors

Benefits:

  • There are considerable savings in man-hours and hence substantial monetary savings
  • Physical verification of stocks; which is a much repelled activity by any labour, becomes a convenient activity.
  • Increased visibility at item level
  • Reduction in Stacking and Issuing errors
  • Reduced time in Physical verification of items
  • Item- Location relation helps identify items easily
  • Mobile database available across the stores
  • Visibility in future stock expected to land at the stores
  • Generation of reports for Audit
  • Easy expansion of RFID zones
  • Increased labour productivity
  • The system has the ability of tracking the items properly and thereby making the
    activities more disciplined.