Inventory control is crucial part of every industry. Inventory control of Apparel, textile and fashion industry must keep inventory in their warehouse/store. Inventory control is called stock management which save cost, time and increase work efficiency of your warehouse.
Inventory control can be defined as list of in housed, unsold and unshipped goods in organized way at the same time; balance quantity, booking quantity, shipping quantity everything I mean real status of stock/selling/shipping/moving goods.
Inventory control in Apparel and Textile Warehouse
Proper inventory control in apparel and textile warehouse will ensure market competitiveness in international market.
Goods in warehouse can be placed in three ways
- Raw material, to be inputted for production bought from another company
- Work in progress, production is running
- Finished goods, waiting for delivery to buyer’s destination
Maintaining Database for Inventory in Textile and Garments Industry
For controlling your inventory, you have to maintain proper database and recording system so that you can monitor the inventory status continuously. Two common practices of maintaining inventory report you may find in apparel industry:
- Excel data base
- ERP (Enterprise resource planning) software.
For small organization buying ERP software is sometimes creates extra burden so my suggestion for them is to use excel template which is totally from and available to download. We have developed excel (inventory management) template for your convenience. Here is some free excel template ready to download.
- Fabric – Inventory Control (excel 148 kb)
- ACCESSORIES INVENTORY REPORT-2 (excel 42 kb)
- Inventory Report (Finishing Trims) (excel 1145 kb)
Benefits of Inventory
- Information transparency
- Save cost
- Increase efficiency
- Save time
- Data Management
- Beneficiary for all others departments
- Minimize Goods receive and delivery time
- Increase supply chain performance
- Knowing stock information in any time
- Organize store/warehouse
Factors of inventory report for Garments and Textile store/Warehouse
- Mention buyer name
- PO and style name
- Production name
- Product description
- Proforma invoice (PI) number of received goods
- Challan No
- Booking quantity
- Received quantity
- Balance quantity
- Delivery quantity
- Quality inspection status
- Due product
- Product moving log
- Shipment date
- Rejected quantity
- Store rack number
Written by
A.M. Amirul Islam (Washim)
Phone:+8801929643301
E-mail: [email protected]