Inventory accuracy and slotting

Skills you'll practise

• Calculate inventory record accuracy and variance for a set of counted locations
• Identify common causes of record errors and the process fix for each
• Apply basic slotting rules: velocity, ergonomics, weight and separation of look-alikes
• Recommend a re-slot using pick data and explain the expected benefit

Course outline

1. 1.Inventory and scheduling basicsVideo · 2 min
2. 2.Inventory accuracy and slottingVideo · 2 min
3. 3.Accurate records, well-placed stockLesson · 15 min
4. 4.Using the numbersLesson · 15 min
5. 5.Replenishment, min/max and reorder pointsLesson · 15 min
6. 6.Inventory accuracy and slotting: knowledge checkKnowledge check · 21 questions
7. 7.Inventory accuracy and slotting: practical exerciseKnowledge check · 1 question
8. 8.The 44-unit shortageScenario
9. 9.Final exam7 questions · passing it completes the course, so people who already know the material can test out

Sources it draws on

The lessons and questions are written from these references, so learners can go back to the original.

• General warehouse practice for inventory record accuracy and slotting
• Your site's cycle count and location management procedures